- Juspay received an in-principle approval from RBI to operate as a payment aggregator.
- Earlier in February 2023, RBI granted 32 in-principle authorizations to existing PAs to operate online.
- Juspay awaits the final approval from RBI to commence operations as a PA.
- SoftBank and Vostok Emerging Finance are investors in Juspay.
- Final approval from RBI is essential before Juspay can officially begin its operations as a payment aggregator.