Archive · 16 Sep 2025
RBI Issues Updated Guidelines for Payment Aggregators
The RBI has created new rules for companies that handle online payments (PAs) and offer guidelines for tech providers (PGs).
Non-bank PAs must be approved by RBI.
These companies need to have a certain amount of money to start and even more after a few years.
PAs must check merchants to prevent fraud and protect customer data.
PAs must not store customer card details, and all refunds should go back to the original payment method unless agreed otherwise.
Strong security systems and annual audits are also required.
RBI issued new guidelines for Payment Aggregators (PAs) and Payment Gateways (PGs).
Non-bank PAs need RBI authorization under the Payment and Settlement Systems Act, 2007.
Non-bank PAs must have a minimum net worth of ₹15 crore upon application.
Net worth for non-bank PAs must increase to ₹25 crore by the end of the third financial year.
PAs are required to conduct background checks and adhere to PCI-DSS.
- Who
- Reserve Bank of India (RBI)
- What
- Rolled out regulatory guidelines for Payment Aggregators (PAs) and recommended technology standards for Payment Gateways (PGs)
- When
- September 16, 2025
- Where
- India
- Why
- To ensure safety, transparency, and resilience in the digital payments ecosystem.
- Issuing Authority
- Reserve Bank of India (RBI)
- Entities Affected
- Payment Aggregators (PAs) and Payment Gateways (PGs)
- Net Worth (Application)
- ₹15 crore
- Net Worth (3rd Year)
- ₹25 crore
- Requirement
- RBI Authorization for Non-bank PAs
Sources
RBI issues guidelines regulating payment aggregators
RBI issues final guidelines for payment aggregators
RBI Issues New Master Directions For Payment Aggregators
RBI issues new guidelines for payment aggregators: Minimum net worth, cross-border rules announced
RBI Issues New Guidelines For Payment Aggregators, Stronger Rules To Prevent Fraud With Customers
RBI Issues Detailed Guidelines For Payment Aggregators, Gateways To Boost Digital Payment Ecosystem
