- Unlimit secures Online Payment Aggregator license from the Reserve Bank of India.
- Company aims to empower businesses with secure payment solutions in the fast-growing Indian digital market.
Unlimit, a major player in the global fintech scene, has announced its official entry into the Indian market.
The company secured a crucial Online Payment Aggregator license from the Reserve Bank of India (RBI), marking a significant step in its global expansion strategy.
This move allows Unlimit to operate as a payment service provider in India, offering a comprehensive suite of payment solutions to local businesses.
Unlimit aims to leverage India’s booming digital commerce sector, which is expected to reach a transaction value of $211.3 billion in 2024 alone.
Unlimit’s CEO for India, Asheesh Agrawal, expressed the company’s commitment to empowering businesses with secure and reliable payment experiences.
He also highlighted Unlimit’s desire to contribute to the evolution of India’s digital payments landscape. This news follows Unlimit’s recent expansion into Africa with a license from the Bank of Tanzania.
