PSP vs Aggregator Kya Hai
Payment Service Provider (PSP) aur Payment Aggregator (PA) dono RBI-regulated entities hain jo digital payments enable karte hain — but unka role aur license different hai. PA merchant onboarding aur fund holding kar sakta hai, PSP sirf payment processing infrastructure provide karta hai. 2020 me RBI ne PA license framework introduce kiya.
Payment Service Provider (PSP) aur Payment Aggregator (PA) dono RBI-regulated entities hain jo digital payments enable karte hain — but unka role aur license different hai. PA merchant onboarding aur fund holding kar sakta hai, PSP sirf payment processing infrastructure provide karta hai. 2020 me RBI ne PA license framework introduce kiya.
PSP vs Aggregator Ka Detailed Explanation
domestic payment gateway, domestic payment gateway, domestic payment gateway, Indian UPI/wallet platform Business — yeh sab kaun se category me aate hain — Aggregator ya PSP? Iska samajhna business owner ke liye important hai because regulations, charges, settlement timeline aur features all differ.
PSP vs Aggregator Kaise Kaam Karta Hai
Step-by-step working aur key technical aspects:
- Payment Aggregator (PA): RBI-licensed entity that aggregates merchant transactions, holds funds in escrow, settles to merchants
- PA License Requirements: Net worth ₹15 crore (initial), ₹25 crore (after 3 years), Authentication credentials, Compliance with PCI-DSS
- Examples of PA: domestic payment gateway, domestic payment gateway, domestic payment gateway, domestic payment gateway (Infibeam), domestic payment gateway, Indian payment platform
- PSP (Payment Service Provider): Generally banks aur companies that provide technology infrastructure without holding funds
- PSP examples: Major banks (private sector bank, leading private sector bank), TSPs (third-party service providers) under PA
- Key difference: PA can directly onboard merchants and hold funds. PSP cannot — usually works behind a PA or bank
- Merchant onboarding: PA handles complete KYC, agreement, settlement account. PSP supports PA's infrastructure
- Settlement: PA settles to merchant. PSP settles to PA or bank
- Fund holding: PA can hold funds in escrow (up to T+1). PSP cannot hold funds
- Pricing: PA pricing generally lower (volume play), PSP pricing for tech infrastructure
- Compliance: PA — full RBI PA compliance + PCI-DSS. PSP — generally PA-bound or bank-bound compliance
PSP vs Aggregator Ke Common Myths vs Truth
Yeh aam galat fehmiyaan hain PSP vs Aggregator ke baare me — sahi samajh ke liye yeh clear karna important hai:
PSP vs Aggregator Ke Baare Me Aur Help Chahiye?
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💬 Free Advisory — WhatsApp KareinFrequently Asked Questions — PSP vs Aggregator
Kya PA aur PSP same hai?
Different regulatory categories. PA has fund-holding rights, PSP does not
Kya domestic payment gateway is a PSP?
domestic payment gateway is a licensed Payment Aggregator (PA) under RBI's PA framework
Kya Small businesses ko PA-specific kuch consider nahi karna chahiye?
PA license-holders directly merchant onboard kar sakte hain. Non-PA entities ko PA ke through ya bank ke through onboard karna padta hai
PSP vs Aggregator ke baare me ProWiderKart kaise help karta hai?
ProWiderKart financial facilitation platform hai jo PSP vs Aggregator se related advisory free me provide karta hai. Hum 50+ banks, NBFCs aur insurers ke saath connect karte hain. Service WhatsApp ke through deliver hoti hai. Final approval respective institution ki discretion par. T&C applicable.
PSP vs Aggregator ke liye kya documents chahiye?
Specific documents PSP vs Aggregator ke type aur lender ki underwriting policy par depend karte hain. General KYC me PAN, Aadhaar, income proof, bank statements include hote hain. Detailed checklist application start hone par share ki jaati hai.
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