{"id":14822,"date":"2020-10-27T12:23:58","date_gmt":"2020-10-27T06:53:58","guid":{"rendered":"https:\/\/swaritadvisors.com\/learning\/?p=14822"},"modified":"2021-03-23T14:42:47","modified_gmt":"2021-03-23T09:12:47","slug":"meaning-and-process-of-online-payment-gateway-in-india-2020","status":"publish","type":"post","link":"https:\/\/swaritadvisors.com\/learning\/meaning-and-process-of-online-payment-gateway-in-india-2020\/","title":{"rendered":"Meaning and Process of Online Payment Gateway in India 2020"},"content":{"rendered":"\n<p class=\"has-drop-cap\">Online payment has become an integral part of our life in no time. Today when everything is just a click away from the consumers, every online business platform provides the service of an online payment gateway. This is not only considered to be a simple way for the payment to be made but also a swift and hassle-free method.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a37e819cdcde\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a37e819cdcde\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/swaritadvisors.com\/learning\/meaning-and-process-of-online-payment-gateway-in-india-2020\/#Meaning_of_Online_Payment_Gateway\" title=\"Meaning of Online Payment\nGateway\">Meaning of Online Payment\nGateway<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/swaritadvisors.com\/learning\/meaning-and-process-of-online-payment-gateway-in-india-2020\/#Need_for_Payment_Gateway\" title=\"Need for Payment Gateway\">Need for Payment Gateway<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/swaritadvisors.com\/learning\/meaning-and-process-of-online-payment-gateway-in-india-2020\/#To_keep_a_check_on_frauds\" title=\"To keep a check on frauds\">To keep a check on frauds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/swaritadvisors.com\/learning\/meaning-and-process-of-online-payment-gateway-in-india-2020\/#Acts_as_a_gatekeeper\" title=\"Acts as a gatekeeper\">Acts as a gatekeeper<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/swaritadvisors.com\/learning\/meaning-and-process-of-online-payment-gateway-in-india-2020\/#Role_of_Online_Payment_Gateway\" title=\"Role of Online Payment Gateway\">Role of Online Payment Gateway<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/swaritadvisors.com\/learning\/meaning-and-process-of-online-payment-gateway-in-india-2020\/#Are_Payment_Gateways_Secured_Enough\" title=\"Are Payment Gateways Secured\nEnough?\">Are Payment Gateways Secured\nEnough?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/swaritadvisors.com\/learning\/meaning-and-process-of-online-payment-gateway-in-india-2020\/#How_Does_It_work\" title=\"How Does It work?\">How Does It work?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/swaritadvisors.com\/learning\/meaning-and-process-of-online-payment-gateway-in-india-2020\/#Encryption_of_Data\" title=\"Encryption of Data:\">Encryption of Data:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/swaritadvisors.com\/learning\/meaning-and-process-of-online-payment-gateway-in-india-2020\/#Request_for_Authorization\" title=\"Request for Authorization\">Request for Authorization<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/swaritadvisors.com\/learning\/meaning-and-process-of-online-payment-gateway-in-india-2020\/#Filling_of_the_Order\" title=\"Filling of the Order\">Filling of the Order<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/swaritadvisors.com\/learning\/meaning-and-process-of-online-payment-gateway-in-india-2020\/#Components_of_Payment_Gateway\" title=\"Components of Payment Gateway\">Components of Payment Gateway<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/swaritadvisors.com\/learning\/meaning-and-process-of-online-payment-gateway-in-india-2020\/#License_for_Online_Payment_Gateway_in_India\" title=\"License for Online Payment Gateway in India\">License for Online Payment Gateway in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/swaritadvisors.com\/learning\/meaning-and-process-of-online-payment-gateway-in-india-2020\/#Basic_Requirements_for_Online_Payment_Gateway_in_India\" title=\"Basic Requirements for Online Payment Gateway in India\">Basic Requirements for Online Payment Gateway in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/swaritadvisors.com\/learning\/meaning-and-process-of-online-payment-gateway-in-india-2020\/#Documents_Required_to_Grant_Payment_Gateway_Licence\" title=\"Documents Required to Grant\nPayment Gateway Licence&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \">Documents Required to Grant\nPayment Gateway Licence&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/swaritadvisors.com\/learning\/meaning-and-process-of-online-payment-gateway-in-india-2020\/#Methods_for_Obtaining_Licence_for_Online_Payment_Gateway\" title=\"Methods for Obtaining Licence\nfor Online Payment Gateway \">Methods for Obtaining Licence\nfor Online Payment Gateway <\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/swaritadvisors.com\/learning\/meaning-and-process-of-online-payment-gateway-in-india-2020\/#Step_1_Filing_of_Application\" title=\"Step 1: Filing of Application\">Step 1: Filing of Application<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/swaritadvisors.com\/learning\/meaning-and-process-of-online-payment-gateway-in-india-2020\/#Step_2_Credentials_to_be_checked\" title=\"Step 2: Credentials to be checked\">Step 2: Credentials to be checked<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/swaritadvisors.com\/learning\/meaning-and-process-of-online-payment-gateway-in-india-2020\/#Step_3_Verification_of_other_details_by_RBI\" title=\"Step 3: Verification of other\ndetails by RBI\">Step 3: Verification of other\ndetails by RBI<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/swaritadvisors.com\/learning\/meaning-and-process-of-online-payment-gateway-in-india-2020\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Meaning_of_Online_Payment_Gateway\"><\/span>Meaning of Online Payment\nGateway<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Online Payment Gateway, if defined in simple words, is a means to make and receive any payment made. An online payment gateway is a business or a merchant service that is rendered through an e-commerce platform. The online payment gateway acts as a link between the banks as well as the websites which facilitate such service. <\/p>\n\n\n\n<p>A payment gateway thus is the simplest and the hassle-free method for a business to collect any digital or online payments from the website or an application.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Need_for_Payment_Gateway\"><\/span>Need for Payment Gateway<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter is-resized\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/swaritadvisors.com\/learning\/wp-content\/uploads\/2020\/10\/image_2020_10_26T12_13_05_670Z.png\" alt=\"Payment Gateway Needs\" class=\"wp-image-14900\" width=\"554\" height=\"317\" srcset=\"https:\/\/swaritadvisors.com\/learning\/wp-content\/uploads\/2020\/10\/image_2020_10_26T12_13_05_670Z.png 823w, https:\/\/swaritadvisors.com\/learning\/wp-content\/uploads\/2020\/10\/image_2020_10_26T12_13_05_670Z-300x172.png 300w, https:\/\/swaritadvisors.com\/learning\/wp-content\/uploads\/2020\/10\/image_2020_10_26T12_13_05_670Z-768x440.png 768w\" sizes=\"(max-width: 554px) 100vw, 554px\" \/><\/figure><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"To_keep_a_check_on_frauds\"><\/span>To keep a check on frauds<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>An<strong><a class=\"text-primary\" href=\"https:\/\/swaritadvisors.com\/payment-gateway-license\"> payment gateway license<\/a><\/strong> helps to keep a check on the fraud which may happen during the process of the card transaction. This helps the customer to keep an eye on the payment made by them.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Acts_as_a_gatekeeper\"><\/span>Acts as a gatekeeper<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Online payment gateway helps to protect the merchants or business from expired cards, or from insufficient funds, closed accounts and also from the exceeding credit card limit of a buyer.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Role_of_Online_Payment_Gateway\"><\/span>Role of Online Payment Gateway<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>Payment gateway services are such services which are required for any transaction to be made online by the consumer or by any customer. <\/li><li>These online payment gateways play a vital role during the authorization of any transaction to be made online between the bank and the customer.<\/li><li>Without approval from the bank, no transaction can be made or done by any such online payment gateway. <\/li><li>Thus, in order to avoid this failure of transactions payment gateways are considered useful.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Are_Payment_Gateways_Secured_Enough\"><\/span>Are Payment Gateways Secured\nEnough?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>An online payment gateway service company goes through an exhausting and lengthy process in order to approve the communication with the payment processors. Further, this reduces the liability of the business and helps in ensuring that the payment made through these gateways are completely safe and secured.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_Does_It_work\"><\/span>How Does It work?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Once\nan order has been placed by the customer from any online portal or website,\nthere are numerous tasks that are to be conducted by the Payment Gateway. Some\nof these tasks are mentioned below:<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter is-resized\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/swaritadvisors.com\/learning\/wp-content\/uploads\/2020\/10\/image_2020_10_26T12_19_37_261Z.png\" alt=\"How Payment Gateway Works\" class=\"wp-image-14903\" width=\"452\" height=\"418\" srcset=\"https:\/\/swaritadvisors.com\/learning\/wp-content\/uploads\/2020\/10\/image_2020_10_26T12_19_37_261Z.png 541w, https:\/\/swaritadvisors.com\/learning\/wp-content\/uploads\/2020\/10\/image_2020_10_26T12_19_37_261Z-300x277.png 300w\" sizes=\"(max-width: 452px) 100vw, 452px\" \/><\/figure><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Encryption_of_Data\"><\/span>Encryption of Data:<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The web page used by the customer encrypts the data must be sent to vendor\u2019s server. Further, the payment gateway sends the transaction data for the process of payment.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Request_for_Authorization\"><\/span>Request for Authorization<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>After\nreceiving the transactional data from the payment processor, the same transmits\nthe data to the card association. The Bank which has issued the card will\nfurther check for the transaction and will accordingly move forward.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Filling_of_the_Order\"><\/span>Filling of the Order<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Once the Bank agrees for the transaction, the authorization in relation to the consumer and the merchant is further forwarded to the processor of these payment gateways. Moreover, after receiving the response from the processor, the same is transmitted to the website for processing of the payment. It may only take few seconds for the completion of this method.<\/p>\n\n\n\n<p><b>Also, Read:<\/b> <mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/swaritadvisors.com\/learning\/top-5-best-payment-gateway-systems-in-india\/\">Top 5 Best Payment Gateway Systems in India<\/a><\/mark><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Components_of_Payment_Gateway\"><\/span>Components of Payment Gateway<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The\nvital components of any online payment gateway are mentioned below:<\/p>\n\n\n\n<ul><li>Merchant Agreement<\/li><li>Secure Electronic Transaction(SET)<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"License_for_Online_Payment_Gateway_in_India\"><\/span>License for Online Payment Gateway in India<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>As\nmentioned in <strong>Section 4<\/strong> of the <strong>PSS Act<\/strong>, no other person except the RBI\ncan either operate or commence a payment system until it has been authorized\nfrom the RBI. Further, it is stated that such application for authorization to\nthe RBI is to be made under <strong>Section 5<\/strong>\nof the PSS Act.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Basic_Requirements_for_Online_Payment_Gateway_in_India\"><\/span>Basic Requirements for Online Payment Gateway in India<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In order to obtain an online payment gateway license in India there are some of requirements which must be fulfilled. These are mentioned as:<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter is-resized\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/swaritadvisors.com\/learning\/wp-content\/uploads\/2020\/10\/image_2020_10_26T12_12_47_261Z.png\" alt=\"Payment Gateway basic Requirement\" class=\"wp-image-14901\" width=\"846\" height=\"425\"\/><\/figure><\/div>\n\n\n\n<ul><li>Any company applying for online payment gateway license must be registered under the Companies Act, 2013.<\/li><li>There should be at least two member or directors in the company. <\/li><li>A complete business plan for five years is required for a company to have in order to apply for the online payment gateway license.<\/li><li>Address proof of the business to be conducted.<\/li><li>A company must have a registered service tax registration number.<\/li><li>Code testing report must be submitted from the Software Certifying Agency in order to apply for the online payment gateway license.<\/li><li>Optimization of the security must be done for the online payment gateway under the rules laid down in Payment Card Industry Data Security Standard (PCI DSS).<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Documents_Required_to_Grant_Payment_Gateway_Licence\"><\/span>Documents Required to Grant\nPayment Gateway Licence&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Following\nare the set of documents required to obtain an online payment gateway licence:<\/p>\n\n\n\n<ul><li>Copy of Certificate of <a href=\"https:\/\/swaritadvisors.com\/private-limited-company-registration\" class=\"text-primary\"><strong>Incorporation of company <\/strong><\/a>received from the Registrar of the company.<\/li><li>Copy of PAN Card details.<\/li><li>Address proof of the Directors of the company.<\/li><li>Digital Signature Certificate (DSC) along with the Director\u2019s Identification Number (DIN) of the Directors must be provided.<\/li><li>Bank Account details of the company.<\/li><li>Five year business plan of the company.<\/li><li>Code testing report to be submitted by the Software Agency.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Methods_for_Obtaining_Licence_for_Online_Payment_Gateway\"><\/span>Methods for Obtaining Licence\nfor Online Payment Gateway <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>As explained in PSS Act, any willing company or an entity should apply or file for an application to the <strong>Reserve Bank of India (RBI)<\/strong><sup><a href=\"https:\/\/www.rbi.org.in\/\" class=\"text-primary\"><strong><em>[1]<\/em><\/strong><\/a><\/sup> for obtaining the license. Some of the steps involved in the process of obtaining licence for payment gateway are as follows:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_1_Filing_of_Application\"><\/span>Step 1: Filing of Application<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>As\nmentioned under Section 5 (1) of the PSS Act, the entity or a company must file\nan application to the Chief General Manager of the Department of PSS or to any such\nother offices of RBI as authorised by Reserve Bank of India on a timely basis.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_2_Credentials_to_be_checked\"><\/span>Step 2: Credentials to be checked<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>As\nmentioned under section 6 of the PSS Act, RBI has the power to hold inquires\nregarding the credibility of the details submitted by the applicant entity.\nThis is done in order to be confirm and sure for the involved entities.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_3_Verification_of_other_details_by_RBI\"><\/span>Step 3: Verification of other\ndetails by RBI<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Before granting of license, the RBI shall take into account following conditions:<\/p>\n\n\n\n<ul><li>Need for such online payment gateway system.<\/li><li>Medium through which the transfer of such payments will take place.<\/li><li>Terms and conditions required for such online payment gateway system.<\/li><li>Financial status of the company must be checked before the license to be granted.<\/li><li>Integrity of the company or an entity must be checked before granting of licence.<\/li><li>Methods of payment instructions.<\/li><li>Time period for any such authorization.<\/li><li>Credit as well as monetary policies of the entity.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The payment gateway system or outlook is changing rapidly in India. Apart from the authentic traditional payment methods, the customers now can accept money from various online wallets also. These online payment gateways play a vital role during the authorization of any transaction to be made online. Thus, there are multiple parties involved in the payment gateway, keeping these methods to be hassle free in nature.<\/p>\n\n\n\n<p><b>Also, Read our Article:<\/b> <mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/swaritadvisors.com\/learning\/rbi-new-guidelines-for-payment-aggregators\/\">RBI new guidelines for Payment Aggregators<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Online payment has become an integral part of our life in no time. Today when everything is just a click away from the consumers, every online business platform provides the service of an online payment gateway. This is not only considered to be a simple way for the payment to be made but also a [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":14823,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[552],"tags":[967],"_links":{"self":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts\/14822"}],"collection":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/comments?post=14822"}],"version-history":[{"count":32,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts\/14822\/revisions"}],"predecessor-version":[{"id":18324,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts\/14822\/revisions\/18324"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/media\/14823"}],"wp:attachment":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/media?parent=14822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/categories?post=14822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/tags?post=14822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}