Categories: Banking

Worldline ePayments India Gets RBI’s Nod to Act as Payment Aggregator

Worldline ePayments India (WEIPL), a leader in digital payments, has received in-principle authorisation from the Reserve Bank Of India (RBI) to act as a payment aggregator (PA). The authorisation by the RBI was under the provisions of the Guidelines on Regulation of Payment dated March 17, 2020.

Bank Maha Pack includes Live Batches, Test Series, Video Lectures & eBooks

About The Worldline ePayments India (WEIPL):

Worldline ePayments India, part of Worldline group, offers solutions for all sorts of payment needs offering in-store, online, and omnichannel payments to its customers.

About Payment Aggregators and Payment Gateways:

  • Payment Aggregators facilitate e-commerce sites and merchants in accepting payment instruments from the customers for completion of their payment obligations without the need for merchants to create a separate payment integration system of their own. Example: Billdesk.
  • Payment Gateways are entities that provide technology infrastructure to route and facilitate processing of an online payment transaction without any involvement in handling of funds. PGs in India mainly include banks.
  • A Payment Gateway allows the merchants to deal in a specific payment option put on the portal, whereas a Payment Aggregator allows one to have multitudes of options for payment. Thus, a Payment Aggregator covers a payment gateway in its ambit.

Find More News Related to Banking

IDFC FIRST Bank launched ZERO Fee Banking savings accounts_90.1IDFC FIRST Bank launched ZERO Fee Banking savings accounts_90.1

Piyush Shukla

Recent Posts

Current Affairs 18th July, 2025

National News Shubhanshu Shukla Successfully Returns After Axiom-4 Space Mission Group Captain Shubhanshu Shukla, an…

1 hour ago

Yuliia Svyrydenko Appointed as New Prime Minister of Ukraine

In a significant political development amid the ongoing Russia-Ukraine conflict, Yuliia Svyrydenko, former Economy Minister…

17 hours ago

Ahmedabad Declared Cleanest City In Swachh Survekshan 2024–25

The Swachh Survekshan 2024–25, India’s largest cleanliness survey conducted by the Ministry of Housing and…

17 hours ago

Zepto’s Founders Top In Hurun India U30 List 2025

The Hurun India U30 List 2025, released in collaboration with Avendus Wealth, marks a defining…

18 hours ago

Indian Army Successfully Tests Akash Prime Air Defence System at 15,000 ft in Ladakh

In a major boost to India's indigenous defence capabilities, the Indian Army successfully tested the…

19 hours ago

Nelson Mandela International Day 2025, Date, Theme, Significance

Nelson Mandela International Day, observed annually on 18th July, commemorates the birth of Nelson Mandela,…

20 hours ago