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Pine Labs Receives Three Key RBI Payment Licences Ahead Of IPO

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SUMMARY

Pine Labs has secured all three key payment licences from the Reserve Bank of India (RBI), allowing it to operate across the full range of digital payment services in the country

These licences will enable Pine Labs to process domestic and international payments, manage settlements and expand its merchant network across both online and offline channels

The regulatory nod comes shortly after the fintech major closed its initial public offering (IPO) with an oversubscription of 2.46X….

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