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RBI Grants Payment Aggregator License to Tata Pay.

Banking & Finance | Dated: 26 Dec 2025

The Reserve Bank of India (RBI) has granted the coveted Payment Aggregator (PA) license to Tata Pay, the digital payments arm of Tata Digital. This authorization allows Tata Pay to efficiently manage e-commerce transactions within its super-app "Tata Neu" and onboard merchants directly, reducing dependence on third-party aggregators.

🎯 Key Highlights:

  • Tata Pay joins other authorized players like Razorpay, Cashfree, and Google Pay in the PA ecosystem.
  • Payment Aggregators facilitate e-commerce sites and merchants to accept various payment instruments from customers.
  • This strengthens Tata Group's foothold in the growing Indian digital financial services market.

💡 Other Important Facts:

  • License: Payment Aggregator (PA).
  • Regulator: RBI.
  • Platform: Tata Neu.

📚 Test Your Knowledge:

Which entity recently received the Payment Aggregator (PA) license from the RBI to manage digital transactions?

Correct Answer: Tata Pay

🚀 Quick Recap:

About Tata Digital

  • CEO – Naveen Tahilyani
  • HQ – Mumbai