RBI Grants Aurionpro Payments Online Payment Aggregator Licence
This is align with the company's objective to facilitate and expand the reach of online digital payments in India through our AuroPay platform
Aurionpro Payment Solutions (Aurionpro Payments), a subsidiary of Aurionpro, on Thursday, said that it has received final authorisation from the Reserve Bank of India to operate as an Online Payment Aggregator under the Payments Settlements Act, 2007, through its payments brand AuroPay.
The company said that receiving the final approval from RBI to operate as a full-fledged online payment aggregator is a significant achievement for its long-term goals as a payment service provider.
Balkrishna Pangam, CEO – Aurionpro Payments said “We are grateful to the RBI for this authorisation and we look forward to commencing the business at the earliest. With our innovative solutions and expertise, we are excited to contribute to India’s digital transformation journey.”
This is align with the company's objective to facilitate and expand the reach of online digital payments in India through our AuroPay platform. AuroPay simplifies payment processing for both receivables and payables, including settlement, in a secure, safe, and compliant environment, as per the press statement.
