New RBI Rules For Payment Aggregators: Promoting Fair Practices In Online Transactions

The Reserve Bank of India has rolled out definitive directives under the 'Reserve Bank of India (Regulation of Payment Aggregators) Directions, 2025' to streamline operations of payment aggregators. These rules categorise entities into three distinct groups based on their functions, impose stringent net worth requirements , and emphasise proper fund handling to foster transparency and accountability in the digital payments landscape. Effective immediately, the guidelines aim to prevent unchecked behaviours and ensure robust governance, particularly for non-bank entities engaging in such services.