Fintech startup become very popular with payment solutions. The Fintech
operators are usually called as ‘Payment System Operators’ and they are
regulated by RBI under Payment and Settlement Systems Act of India, 2007
along with the Board for Regulation and Supervision of Payment and
Settlement Systems Regulations, 2008. There are also periodic guidelines
issued by RBI.
Make a call back request for more info. on semi-closed wallet license application procedure or visit to walletlicence.com.
