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    Home»Banking and Finance»Razorpay and Other Payment Gateways Can’t Register New Accounts as Per RBI Notice
    Banking and Finance

    Razorpay and Other Payment Gateways Can’t Register New Accounts as Per RBI Notice

    TechminBy TechminDecember 22, 2022Updated:December 22, 2022No Comments1 Min Read
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    Razorpay and Other Payment Gateways Can't Register New Accounts as Per RBI Notice
    Razorpay and Other Payment Gateways Can't Register New Accounts as Per RBI Notice
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    The Reserve Bank of India (RBI) has notified RazorPay and Cashfree Payment Gateway Provider to stop on-boarding new merchants.

    Razorpay is The leading Payment Gateway Provider In India and They stopped registering new users suddenly before a few days ago.

    But still they are registering new clients for RazorpayX , Credit Cards and Ezetap.

    RazorPay and Cashfree hold in-principal approvals for a payment aggregator licence to stop on-boarding new merchants till they get the final licence as per RBI Notice.

    RBI RBI Official Reserve bank of india
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