Adyen Expands in India with RBI Approval for Online Payment Aggregation

Adyen, a global payments platform, has expanded its
operations in India. This follows the authorization from the Reserve Bank of
India (RBI) to function as an Online Payment Aggregator.

The company can now process both domestic and cross-border
payments within India. As part of this development, Adyen plans to establish a
technology hub in Bengaluru and launch local payment processing capabilities.

Local Payment Processing Expansion

Ingo Uytdehaage, Co-CEO, Adyen, Source: LinkedIn

Adyen’s local payment processing will help merchants in
India optimize transactions. This is part of the company’s broader all-in-one
payment platform, which integrates various services into a single system.

Adyen is establishing a technology hub in
Bengaluru. The hub will allow Adyen to be
closer to its merchants in India. It will also enable the company to leverage
India’s skilled tech workforce to support its global and local payment
products.

Adyen’s platform handles the entire payment process, from
gateway to risk management and acquiring services. This allows brands to expand
globally while maintaining efficient payment processes.

“The continued push for a Cashless India presents an
opportunity for businesses to offer new customer journeys in the fastest
growing e-commerce market in the world,” said Ingo Uytdehaage, Co-CEO,
Adyen.

Direct Connections for Transactions

The company offers businesses insights into local payment
methods and schemes. Adyen processes transactions through direct connections
with major card networks like Visa, Mastercard, Rupay, and UPI. This allows
merchants to use a single platform for all key payment methods in India,
including credit and debit cards and local payment systems.

“We are looking to help transform digital payments in
India with our global full-stack solution and local payment processing
capabilities, optimizing transactions so our merchants can focus on
opportunities to scale in India,” said Aditya Khullar, Country Manager,
India, Adyen.

Adyen, a global payments platform, has expanded its
operations in India. This follows the authorization from the Reserve Bank of
India (RBI) to function as an Online Payment Aggregator.

The company can now process both domestic and cross-border
payments within India. As part of this development, Adyen plans to establish a
technology hub in Bengaluru and launch local payment processing capabilities.

Local Payment Processing Expansion

Ingo Uytdehaage, Co-CEO, Adyen, Source: LinkedIn

Adyen’s local payment processing will help merchants in
India optimize transactions. This is part of the company’s broader all-in-one
payment platform, which integrates various services into a single system.

Adyen is establishing a technology hub in
Bengaluru. The hub will allow Adyen to be
closer to its merchants in India. It will also enable the company to leverage
India’s skilled tech workforce to support its global and local payment
products.

Adyen’s platform handles the entire payment process, from
gateway to risk management and acquiring services. This allows brands to expand
globally while maintaining efficient payment processes.

“The continued push for a Cashless India presents an
opportunity for businesses to offer new customer journeys in the fastest
growing e-commerce market in the world,” said Ingo Uytdehaage, Co-CEO,
Adyen.

Direct Connections for Transactions

The company offers businesses insights into local payment
methods and schemes. Adyen processes transactions through direct connections
with major card networks like Visa, Mastercard, Rupay, and UPI. This allows
merchants to use a single platform for all key payment methods in India,
including credit and debit cards and local payment systems.

“We are looking to help transform digital payments in
India with our global full-stack solution and local payment processing
capabilities, optimizing transactions so our merchants can focus on
opportunities to scale in India,” said Aditya Khullar, Country Manager,
India, Adyen.

This post is originally published on FINANCEMAGNATES.

  • Related Posts

    EC Markets Opens Mexico City Office After Launching in Cyprus and Mauritius

    EC Markets has opened a new office in Mexico City, expanding its global operations into Latin America. The move marks the firm’s first physical presence in the region. The new…

    FCA Prosecutes for Facebook-Based £1.3 Million Ponzi Scheme Targeting Retail Investors

    Join EXANTE’s Global Head of Research, Dr Renée Friedman, on FMTalks as she discusses the value of market insights for finance professionals and unpacks key macro topics like U.S. tariffs,…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    What Is the Difference Between Bid Price and Offer Price in Forex?

    • August 8, 2025
    What Is the Difference Between Bid Price and Offer Price in Forex?

    EC Markets Opens Mexico City Office After Launching in Cyprus and Mauritius

    • August 8, 2025
    EC Markets Opens Mexico City Office After Launching in Cyprus and Mauritius

    What Is Loss Aversion in Forex and Why It Hurts Performance?

    • August 8, 2025
    What Is Loss Aversion in Forex and Why It Hurts Performance?

    What Is Position Bias in Trading and How to Avoid It?

    • August 8, 2025
    What Is Position Bias in Trading and How to Avoid It?