PayG Secures RBI Approval to Operate as PA-P and PA-CB
In January 2026, PayG, one of India’s most-trusted payment gateway service providers, secured the Reserve Bank of India (RBI)’s approval to operate as a Payment Aggregator(PA)-Physical (PA-P) and Cross-Border(PA-CB).
In January 2026, PayG, one of India’s most-trusted payment gateway service providers, secured the Reserve Bank of India (RBI)’s approval to operate as a Payment Aggregator(PA)-Physical (PA-P) and Cross-Border(PA-CB).
- Following this approval, PayG has now completed its full suite of PA licenses, enabling it to facilitate digital transactions across different modes like: online, offline (in-person) and global use cases under the regulatory framework of RBI.
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- What? Received Approval to operate as PA-P and PA-CB
- Received by: PayG
- Regulator: Reserve Bank of India (RBI)
- Significance: Completion of PayG’s full suite of PA licences
Key Details of Approval:
Payment Capabilities: Through this license, PayG will now be able to support a comprehensive range of payment use cases through a unified platform.
- These include processing online payments, providing offline and in-store transactions through Point of Sale (POS), Quick Response (QR) code, managing cross-border payments for international customers and global merchants, among others.
Merchant Payment Platform: For merchants, the expanded authorization provides a single platform to handle online, offline and cross-border payments in a secure and transparent manner.
About PayG: Founded in 2021 in Bengaluru, Karnataka, PayG develops payment infrastructure for Indian businesses, simplifying domestic and cross-border transactions; it received RBI in-principle approval in 2025.
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