RBI issues certificates of authorisation for payment systems

The Reserve Bank of India has issued certificates of authorisation under the Payment and Settlement Systems Act, 2007, for setting up and operating payment systems in the country. The list of authorised entities is available on the RBI website.

The authorisation is part of the RBI's ongoing oversight of payment systems to ensure compliance with regulatory standards. Entities must meet the central bank's criteria to obtain or renew these certificates, which are periodically updated.

Industry participants are advised to check the official RBI list to verify which operators are authorised. The next update of the authorisation list is expected in line with the central bank's regular review cycle.