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MobiKwik secures RBI in-principle nod for offline payment aggregator licence

Approval clears MobiKwik to onboard physical merchants directly via Zaakpay, targeting kirana, fuel and organised retail. Fintech aims for 10x merchant business growth by FY28, scaling soundboxes and EDC deployments across its 4.92 million merchant base.

Approval clears MobiKwik to onboard physical merchants directly via Zaakpay, targeting kirana, fuel and organised retail. Fintech aims for 10x merchant business

Business Standard · Companies · 5/26/2026, 1:55:28 PM · Ask about this →

Mobikwik MobiKwik Financial Services RBI Zaakpay