Innoviti Receives RBI Nod for Online and Offline Payment Aggregation
On January 13, 2026, Innoviti Technologies Private Limited, a payments-centric retail Software-as-a-Service (SaaS) platform, received a Certificate of Authorization from the Reserve Bank of India (RBI) to operate as a Payment Aggregator (PA) under the Payments and Settlement Systems (PSS) Act, 2007, to manage both online and physical (in-store) payment transactions across India.
On January 13, 2026, Innoviti Technologies Private Limited, a payments-centric retail Software-as-a-Service (SaaS) platform, received a Certificate of Authorization from the Reserve Bank of India (RBI) to operate as a Payment Aggregator (PA) under the Payments and Settlement Systems (PSS) Act, 2007, to manage both online and physical (in-store) payment transactions across India.
- What? Innoviti authorized as Payment Aggregator for online and offline payments
- By Whom? Reserve Bank of India (RBI)
- Act: Payments and Settlement Systems Act, 2007
- Platform: Payments-centric retail SaaS enabling secure and scalable transactions
- Previous Authorization: Online payment aggregation in March 2024
About RBI Authorisation:
Expanded Authorisation: Innoviti was initially authorised by the RBI in March 2024 to operate as an online PA, and the newly expanded licence now includes offline (in‑store) payments.
Impact: The RBI authorisation allows Innoviti to facilitate seamless and compliant payment processing across both digital and offline channels, benefiting enterprises as well as Small and Medium-sized Enterprises (SMEs).
Platforms: Innoviti currently runs India’s largest offline payments platform under the brand Innoviti UniPay, serving leading enterprise clients across the country.
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