RBI Grants Payment Aggregator License to Mswipe Technologies

Mswipe Technologies, a prominent player in India’s digital payments sector, has been awarded a Payment Aggregator (PA) license by the Reserve Bank of India (RBI). This significant development follows the company’s receipt of an in-principle approval earlier in 2022. Mswipe aims to leverage this license to bolster its range of offerings, providing comprehensive payment technology solutions across various channels.

Objective Reinforcement

  • The payment aggregator license underscores Mswipe’s commitment to enriching its suite of services.
  • Mswipe aims to deliver secure, efficient, and user-friendly payment solutions to its banking partners, enterprises, and merchants spanning diverse sectors.

About Mswipe Technologies

  • Mswipe Technologies operates as an omni-channel digital payments platform catering to merchants across various sectors and regions.
  • Established in 2011 and headquartered in Mumbai, Mswipe has played a pivotal role in introducing innovative payment solutions to businesses.
  • Key investors in Mswipe include Alpha Wave Global, Matrix Partners, B Capital, and others, reflecting confidence in the company’s growth trajectory.
  • Over the past 13 years, Mswipe has been instrumental in expanding the digital payment landscape in India, reaching markets across metros, mini-metros, small towns, and cities.

 

 

 

Piyush Shukla

Recent Posts

Which Indian City is Known as the Footwear City?

India has many cities that are famous for their unique industries, and some of them…

5 hours ago

Which Desert is known as the Cold Desert?

Some deserts are extremely hot, but some remain cold throughout the year. These cold deserts…

6 hours ago

Top-10 News Media Companies in the World, Check the List

In today’s world, news media plays a very important role in sharing information quickly and…

8 hours ago

PNB Housing Finance Appoints Ajai Kumar Shukla as New MD & CEO

PNB Housing Finance has announced the appointment of Ajai Kumar Shukla as its new Managing…

9 hours ago

Department of Posts and BSE Sign MoU to Expand Mutual Fund Access Across India

In a major push towards deepening financial inclusion, the Department of Posts (DoP) and BSE,…

9 hours ago

Retail Inflation Rises Slightly to 0.71% in November 2025

India’s retail inflation, measured by the Consumer Price Index (CPI), increased modestly to 0.71% in…

9 hours ago