Registration & Operational Guide For Payment Aggregators

The increase in digital penetration and eCommerce in India has propelled a steep rise in the overall payment volumes in the country. This has further led to a need for merchants and eCommerce sellers to have an integrated payment system that supports all kinds of payment channels.

Payment Aggregators do just that – they combine different payment gateways, enabling merchants to collect payments from their customers without setting up an extensive payment system or merchant bank account of their own.

In this report, we’re summarizing the concept of Payment Aggregators in India, PA Registration and Operational Framework.