Innoviti gets RBI nod for payment aggregator licence

Innoviti Payment Solutions has received ‘in-principle approval’ from the Reserve Bank of India (RBI) to operate as a payment aggregator, multiple sources told ET.

Earlier this month, three other payment service providers – Razorpay, Stripe and Pine Labs – were among the first to receive RBI’s nod for their payment aggregator licence, ET reported on July 8.