Reserve Bank of India (RBI) grants final Payment Aggregator licence to Mswipe Technologies.

Exam-focused facts from the 23 December 2025 current affairs briefing.

Key facts

The licence covers both online and physical payment acceptance modes.
Mswipe serves merchants through MPOS, Smart PoS terminals, QR soundboxes, payment gateways, and embedded digital payment services.
Mswipe’s payments business turned adjusted profitable in the most recent financial year, recording over ₹275 crore in revenue in FY24.
Total payment volume more than doubled year on year.