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CRED said that the RBI's license will allow it to operate a payment system directly under the regulator's supervision.

CRED Gets RBI's Approval to Operate as Payment Aggregator

UPI may no longer remain entirely free as banks begin charging payment aggregators effective from August 1, 2025.

ICICI Bank to charge Rs 6 per UPI Transactions via G-Pay, PhonePe, Paytm and Others

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CBIC has clarified that GST exemption is available to payment aggregators in relation to settlement of an amount, up to Rs. 2000 in a single transaction, transacted through credit card, debit card, charge card or other payment card services

GST Exempt on RBI regulated Payment Aggregators [Read Circular]

RBI regulated Payment Aggregators Exempt from GST as per Entry at Sl. No. 34 of notification No. 12/2017-CT(R) dated 28.06.2017

RBI regulated Payment Aggregators Exempt from GST

The GST Council is allegedly considering a plan to impose an 18% tax on payment aggregators for facilitating some small value digital transactions.

GST Council to Impose GST of 18% on Payment Aggregators for Transactions below Rs.2,000

The government is cracking down on such rogue merchants and RBI wants payment aggregators to be more vigilant with their consumers.

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CRED Gets RBI's Approval to Operate as Payment Aggregator

ICICI Bank to charge Rs 6 per UPI Transactions via G-Pay, PhonePe, Paytm and Others

GST Exempt on RBI regulated Payment Aggregators [Read Circular]

RBI regulated Payment Aggregators Exempt from GST

GST Council to Impose GST of 18% on Payment Aggregators for Transactions below Rs.2,000

GST Officials tracking Traders evading Tax through Digital Payments