Hyderabad: Homegrown payment gateway PayG has received the Payment Aggregator License from the Reserve Bank of India (RBI), marking a key milestone in its journey to enhance digital payment adoption across India.
With this license, PayG is now fully authorised to operate as a compliant and secure digital payment provider, further strengthening its position in the fintech space.
PayG has positioned itself as an enabler for micro, small and medium enterprises (MSMEs), from local retailers to small-town traders, helping them embrace digital commerce with confidence. The RBI’s approval reinforces the company’s aim to build a future-ready, inclusive and scalable payment ecosystem.
PayG offers over 120 payment options, including credit/debit cards, net banking and wallets, all designed to be user-friendly, secure, and cost-effective. Its zero hidden fee policy and transparent pricing model make it attractive for smaller merchants navigating the digital economy. Beyond payments, PayG is also actively engaging with the Open Network for Digital Commerce (ONDC).
Following a successful merchant onboarding initiative in Pune, the company is set to expand this effort nationwide, simplifying digital commerce entry for MSMEs.
Complementing its tech offerings, PayG is running localised outreach programs and training events to educate merchants about the benefits of digital payments. Through this holistic approach, PayG aims to not just digitise transactions but also empower small businesses to thrive in India’s evolving digital structure.
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