Daily Excelsior

NEW DELHI, Mar 11: Fintech platform CRED on Wednesday said it has received the final authorisation from the Reserve Bank of India to operate as a payment aggregator. With this, CRED and its subsidiaries now hold two Reserve Bank of India (RBI) authorisations, including the Prepaid Payment Instrument (PPI) license. The RBI has formally authorised CRED (Dreamplug Paytech Solutions Private Limited) to operate a payment system directly under the regulators supervision. The license enables CRED to on