India's Jio Payment Solutions gets cenbank nod as online payment aggregator
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 29 2024
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Should l Buy ?
Source: Reuters
Jio Payment Solutions Approval: India's Jio Payment Solutions has received approval from the central bank to operate as an online payment aggregator, effective October 28.
Functionality of Payment Aggregators: As a payment aggregator, Jio will enable businesses to accept various payment methods including debit and credit cards, UPI transfers, and e-wallets.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
