By: Mr. Sanjay Tripathy, CEO and Co-Founder, BRISKPE
“RBI’s Master Directions on Payment Aggregators bring much-needed clarity to the operations of online, offline, and cross-border players. By standardizing licensing, merchant due diligence, and escrow norms, the RBI has taken a decisive step to safeguard customers while enabling responsible innovation. The move also acknowledges the rising importance of seamless international payments for Indian businesses and consumers, strengthening transparency, trust, and stability across the ecosystem. With clear authorization timelines, players like us now have a predictable path to compliance and growth. Most importantly, the directive consolidates fragmented guidelines into a single framework streamlining compliance and building resilience for the entire payments industry.”