PayG, a homegrown payment gateway, has been granted the Payment Aggregator License by the Reserve Bank of India (RBI).
This achievement represents a major step forward in PayG’s mission to create a secure, inclusive, and innovation-led payment infrastructure for India’s digital economy.
With the license in hand, PayG is now fully authorized to continue delivering seamless and compliant digital payment solutions to its expanding network of merchants and consumers.
Founded in 2020, PayG is a customized, fully integrated, Omni channel payment solutions provider that helps businesses to grow by collecting payments from customers easily and securely through any device in any mode.
PayG features over 120 payment options, including credit cards, debit cards, net banking, and wallets, PayG ensures every transaction is smooth, accessible, and cost-effective, with no hidden fees.
PayG is also actively advancing its partnership with ONDC (Open Network for Digital Commerce).
Kamal Manohar Jangeti, Chairman of PayG, said, “Receiving the RBI’s authorization is a moment of great pride for us. It underscores our commitment to regulatory compliance, transparency, and innovation in the fintech sector. We deeply appreciate the trust placed in us and remain dedicated to empowering businesses across India to thrive in the digital era.”
