India: Master direction on regulation of payment aggregators, including compliance deadline for payment aggregator authorisation entered into force
Description
Master direction on regulation of payment aggregators, including compliance deadline for payment aggregator authorisation entered into force
On 31 December 2025, the Master direction on regulation of payment aggregators entered into force, including the compliance deadline for payment aggregator (PA) authorisation entered into force. Entities holding applications for PA–online or PA–cros…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Authorisation of goods or services
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central bank
Complete timeline of this policy change
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2025-09-15
in grace period
2025-12-31
in force
2026-01-01
in force