One Mobikwik Systems Limited has informed the Exchange regarding a press release dated April 30, 2025, titled " Zaakpay by MobiKwik gets RBI nod to operate as an Online Payment Aggregator".
MOBIKWIK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
One MobiKwik Systems Limited has announced that its payment platform Zaakpay has received approval from the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator. Zaakpay is a payment services brand associated with MobiKwik. The approval was communicated via a press release dated April 30, 2025. With this licence, Zaakpay can now formally facilitate and process digital payments for merchants. This move strengthens MobiKwik's position in the digital payments and fintech space. The RBI authorisation is a key regulatory milestone that allows the company to scale its payment aggregation business legally.
Positive for shareholders — the RBI licence removes a key regulatory barrier and allows Zaakpay to grow its payment aggregation revenue, potentially boosting MobiKwik's overall earnings. This could improve investor confidence in the company's fintech business model.