India

Regulator sites

• RBIReserve Bank of India

• Prepaid Payment Instrument issuerPPIRBI authorisation to issue prepaid instruments — wallets, gift cards and transit cards.E-money & stored valueOfficial source
• Payment AggregatorPAAuthorisation to aggregate merchants and settle domestic payments; non-banks must hold the licence directly.Payment institution / PSPOfficial source
• Cross-border Payment AggregatorPA-CBA separate RBI authorisation for cross-border payment aggregation, in import and export variants.Payment institution / PSPOfficial source
• Bharat Bill Payment Operating UnitBBPOUAuthorisation to operate within India's bill payment system.Payment institution / PSPOfficial source

A hand-picked sample for orientation — not the full register.

• dLocalCross-border payments for global merchants in emerging markets, licensed locally.IPPSPMMOPSSPLicensed inUruguayBrazilMexicoArgentinaColombiaChilePeruNigeriaSouth AfricaIndia
• NiumReal-time cross-border payments and card issuance for banks and businesses.MPIEMIAPIMTLAFSLLicensed inSingaporeUnited KingdomUnited StatesAustraliaHong Kong, ChinaIndiaMalaysia
• PayoneerCross-border payouts and receivables for marketplaces and SMBs.MSBMTLEMIAPISVFAFSLLicensed inUnited StatesUnited KingdomEuropean Union / EEAHong Kong, ChinaAustraliaSingaporeIndia
• PhonePeIndian wallet, UPI and bill payments business under RBI authorisations.PPIPABBPOULicensed inIndia
• RazorpayIndian payment aggregator holding domestic and cross-border RBI authorisations.PAPA-CBLicensed inIndia
• RevolutEMI plus a banking licence in Lithuania; separate licences in each expansion market.BankingEMIAPIMTLMPIAFSLLicensed inEuropean Union / EEAUnited KingdomUnited StatesSingaporeAustraliaJapanMexicoBrazilIndia

Region

• Singapore
• Hong Kong, China
• Japan
• China (mainland)
• Australia
• South Korea
• Malaysia
• Indonesia
• Thailand
• Philippines
• Vietnam
• New Zealand