RBI grants Payment Aggregator license to SabPaisa

SabPaisa, a payment solutions provider, has received final approval from RBI to function as a Payment Aggregator under the Payments and Settlement Systems Act, 2007. Pathikrit Dasgupta, the CEO, highlighted the milestone, dedication to excellence, and aspiration to emerge as a premier fintech entity in India.

Demand for ‘Travel Now, Pay Later’ sees 2.5x increase with youth leading the drive

The surge in TNPL demand is largely driven by individuals aged 26-45 from cities such as Ahmedabad, Bengaluru, Chandigarh, Chennai, Delhi-NCR, Hyderabad, Jaipur, Lucknow, Mumbai, and Pune. Interestingly, solo travellers have shown a significant preference for TNPL, highlighting the flexibility and convenience it offers. Over the past 12 months, the average ticket size for TNPL …

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