MobiKwik bags RBI nod for offline merchant payments push
RBI's in-principle Payment Aggregator-Physical licence lets MobiKwik chase offline merchants, stacking on April's NBFC win. Q4FY26 swung to Rs 4.4 cr profit from Rs 56 cr loss; revenue Rs 288.7 cr, up 7.8% YoY, even as FIRs cloud the Xtra P2P product.
MobiKwik secures RBI in-principle PA-Physical licence to chase offline merchants; Q4FY26 swings to Rs 4.4 cr profit on Rs 288.7 cr revenue.
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