Telangana company is digital ally for India’s merchants
PayG, a leading homegrown payment gateway, has been granted the Payment Aggregator License by the Reserve Bank of India (RBI) for creating a secure, inclusive, and innovation-led payment infrastructure for India’s digital economy.
This license solidifies PayG’s mission to build a future-ready payment ecosystem that’s inclusive, scalable, and relentlessly focused on empowering India’s economic backbone—its micro, small, and medium enterprises (MSMEs).
From bustling urban shops to small-town traders, PayG is breaking down barriers to digital commerce, making it easier for businesses to thrive in India’s fast-evolving digital economy https://www.bseindia.com/.
Commenting on the achievement, Kamal Manohar Jangeti, Chairman of Telangana-based PayG, stated on 29 May, “Receiving the RBI’s authorization is a moment of great pride for us. It underscores our commitment to regulatory compliance, transparency, and innovation in the fintech sector. We deeply appreciate the trust placed in us and remain dedicated to empowering businesses across India to thrive in the digital era.”
PayG is laser-focused on transforming the digital journey for MSMEs and retailers. By offering user-friendly, secure, and affordable payment solutions, PayG is helping small businesses—from street vendors to local retailers—join the digital revolution. With over 120 payment options, including credit cards, debit cards, net banking, and wallets, PayG ensures every transaction is smooth, accessible, and cost-effective, with no hidden fees https://www.nseindia.com/.
PayG is also actively advancing its partnership with ONDC (Open Network for Digital Commerce).
Following the successful trader onboarding drive that happened recently in the city of Pune, PayG plans to replicate this initiative in key markets across India—simplifying digital commerce entry for MSMEs.
These efforts are supported by localized outreach programs and events designed to help merchants understand and adopt digital payments. By meeting merchants where they are geographically and digitally, PayG is making the transition to digital not just accessible but profitable.
As part of its forward-thinking roadmap, PayG is investing significantly in product upgrades, advanced security frameworks, and feature-rich tools designed specifically for MSMEs and retailers https://sbi.com.in/.
“We see ourselves as not just a payments company,” added Jangeti, continuing, “We are a digital ally for India’s merchants—helping them grow, compete, and lead in the new economy,” he added.
Founded in 2020, the PayG has partnered with 1,000+ SMB merchants and 50+ enterprise clients. PayG features over 120+ payment options which include various banks’ credit cards, debit cards, net banking, and wallets to accept payment easily. Fiinews.com
