← All practice areas
04 / Practice Area
RBI — PA-PG, PPI & NBFC
India RBI payment aggregator, prepaid instrument, NBFC and GIFT City licensing.
We guide payment and lending businesses through Reserve Bank of India authorisations — Payment Aggregator / Payment Gateway (PA-PG), Prepaid Payment Instruments (PPI) and NBFC registration — plus regulated set-up in GIFT City IFSC.
How we help
- —RBI Payment Aggregator / Payment Gateway (PA-PG) and PA-Cross Border authorisation
- —Prepaid Payment Instrument (PPI) licence — wallets, cards and closed/semi-closed systems
- —NBFC registration (NBFC-ICC, P2P, Account Aggregator) and net-owned-fund planning
- —IFSCA regulated entity setup in GIFT City and FEMA structuring
- —Escrow, data-localisation, governance and ongoing RBI compliance