India: Master direction on regulation of payment aggregators, including due diligence requirements entered into force
Description
Master direction on regulation of payment aggregators, including due diligence requirements entered into force
On 1 January 2026, the Reserve Bank of India's Regulation of payment aggregators directions, 2025, including due diligence requirements, entered into force. From 1 January 2026, all merchants are required to be onboarded in accordance with the due d…
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