Guidelines on regulation of Payment Aggregators and Payment Gateways issued -Mridula Tripathi (finserv@vinodkothari.com) Background In this era of digitalisation, the role of intermediaries who facilitate the payments in an online transaction has become pivotal. These intermediaries are a connector between the merchants and customers, ensuring the collection and settlement of payment. In the absence of any … Continue reading RBI to regulate operation of payment intermediaries