Tech
Pine Labs secures all three payment licences from the RBI
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IPO-bound digital payments processor Pine Labs has secured all the mandated regulatory licences needed to offer digital payments in the country.
According to a recent notification issued by the Reserve Bank of India, Pine Labs has secured a payment aggregator licences for offline payments, online merchant payments, and for processing cross-border payments.
The company, which has served as an offline payment processor for large organised merchants since its inception in 1998, ventured into digital payments with Pine Labs Online in 2020-2021. It added a…
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