Payment Aggregator / India / Payment and Settlement Systems Act
Granted activities
by client typeActivityCONSUMERSMECORPORATEREG. FIVIA INTERMED.
Execute payment transactions (direct debits, card payments, credit transfers)payment aggregators facilitate merchant collections and are barred from retaining transaction funds beyond the mandated settlement timelines Conditional Conditional Conditional None Conditional
Conditional: the grant carries the conditions listed under the activity.
Requirements
No requirement data recorded.
Passporting reach
This regime does not passport into other jurisdictions.
Holders
9 in this corpusCompanyRegister idStatus
Products unlocked
No product configuration resolves against this regime.
Derived business models
Computed from granted activities × permitted client types × passporting mode — not an opinion label.
B2CCONSUMER · 1 activity granted
B2BSME +1 · 1 activity granted
Open questions on this regime
No open questions recorded against this regime.
Resolved coverage in india
COVERED
India1
Execute payment transactions
own licenceconsumer · SME · corporate · via intermediaryconditionalhypothetical
UNVERIFIED — CLAIMED, NOT TRACEABLE TO A LICENCE
No unverified rows.
Need this implemented in your product?
I turn requirements like these into flows, vendor setups, tests and audit evidence.
Regime: Payment Aggregator / India / Payment and Settlement Systems Act