{"id":14311,"date":"2025-09-20T23:13:07","date_gmt":"2025-09-20T23:13:07","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/09\/20\/phonepe-receives-final-rbi-approval-to-operate-as-online-payment-aggregator-details-here-business-news\/"},"modified":"2025-09-20T23:13:07","modified_gmt":"2025-09-20T23:13:07","slug":"phonepe-receives-final-rbi-approval-to-operate-as-online-payment-aggregator-details-here-business-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/09\/20\/phonepe-receives-final-rbi-approval-to-operate-as-online-payment-aggregator-details-here-business-news\/","title":{"rendered":"PhonePe Receives Final RBI Approval To Operate As Online Payment Aggregator; Details Here | Business News"},"content":{"rendered":"


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With this, PhonePe will be able to expand its reach and tap into online merchants, says the online payments platform.<\/h2>\n
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PhonePe’s payment gateway offers businesses of all sizes a platform to accept payments from their customers and offers a hassle-free checkout experience.<\/p>\n<\/figure>\n

PhonePe has received the final authorisation from the Reserve Bank of India (RBI) to operate as an online payment aggregator, according to a company statement. With this, PhonePe will be able to expand its reach and tap into online merchants.<\/p>\n

\u201cThe RBI authorisation enables PhonePe to expand its reach and tap into online merchants, with a particular focus on small and medium businesses (SMEs) across the country. We believe that this development positions the company to serve a broader spectrum of enterprises seeking reliable and secure payment processing solutions,” PhonePe said in a statement.<\/p>\n

PhonePe\u2019s payment gateway offers businesses of all sizes a platform to accept payments from their customers and offers a hassle-free checkout experience.<\/p>\n

Yuvraj Singh Shekhawat, CBO Merchant Business at PhonePe, said, \u201cWith this authorisation, PhonePe is well-positioned to accelerate financial inclusion by providing accessible payment solutions to businesses that were previously underserved, particularly in the SME segment.” The company\u2019s focus on serving both established enterprises and emerging businesses aligns with its goal of enabling broader digital financial inclusion, Shekhawat added.<\/p>\n

PhonePe said its payment gateway offers businesses with secure and reliable platform to accept payments from their customers and offers a smooth checkout experience.<\/p>\n

Further, it said, the platform\u2019s instant onboarding and access to developer-friendly applications and plug-ins enable businesses to onboard in a fast manner, increasing payment success rates for merchants and enabling them to grow their businesses.<\/p>\n

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Mohammad Haris<\/a><\/p>\n

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More<\/span><\/p>\n<\/div>\n<\/div>\n

Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More<\/span><\/p>\n<\/div>\n<\/div>\n

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First Published:<\/span><\/p>\n
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September 20, 2025, 09:45 IST<\/p>\n<\/div>\n<\/div>\n

News<\/a> business<\/a> PhonePe Receives Final RBI Approval To Operate As Online Payment Aggregator; Details Here<\/span><\/div>\n
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Last Updated:September 20, 2025, 09:45 IST With this, PhonePe will be able to expand its reach and tap into online merchants, says the online payments platform. PhonePe’s payment gateway offers businesses of all sizes a platform to accept payments from their customers and offers a hassle-free checkout experience. PhonePe has received the final authorisation from…<\/p>\n","protected":false},"author":1,"featured_media":14312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-14311","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/14311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=14311"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/14311\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/14312"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=14311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=14311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=14311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}