MobiKwik Wins RBI In-Principle Nod For Offline Payment Aggregator Licence
RBI's in-principle PA-Physical approval clears MobiKwik to onboard offline merchants directly, complementing Zaakpay's online PA licence and a recent NBFC nod. CEO Bipin Preet Singh is targeting a 10x merchant business by FY28. Shares rose 3.7% to ₹198.40 on the news.
MobiKwik wins RBI in-principle approval for offline Payment Aggregator licence, enabling direct offline merchant onboarding alongside Zaakpay's online PA.
Inc42 · Buzz · 5/26/2026, 10:23:40 AM · Ask about this →