
In-Solutions Global Ltd has obtained authorisation from the Reserve Bank of India to operate across all 3 payment aggregator segments, strengthening its position in India’s evolving digital payments ecosystem, as per PTI report.
The approval covers online (PA-O), physical or offline (PA-P), and cross-border (PA-CB) categories under the RBI Master Directions 2025-26.
With these licences, ISG becomes one of the select non-bank players permitted to enable merchant payments across domestic and international channels within a single framework.
The combined authorisations allow ISG to provide enterprises, banks, marketplaces and digital platforms with a unified payment aggregation stack that supports online transactions, in-store payments and cross-border import-export flows through integrated onboarding and settlement systems.
Through the PA-O and PA-P approvals, the company will expand omnichannel merchant acceptance across digital and physical environments. This includes Soft POS deployment, proximity-based payment solutions, and advanced integrations for marketplaces covering tokenisation, payouts, refunds, chargebacks and reconciliation.
The framework also supports bank-led and fintech-led acquiring programmes built on ISG’s global switching and payment infrastructure.
The PA-CB licence, along with the company’s IFSCA licence and international regulatory capabilities, enables compliant cross-border payment flows across multiple jurisdictions.
Adelia Castelino, Co-founder and Managing Director, ISG, said, “As India's digital commerce and cross-border trade accelerate, merchants and financial institutions need partners that are fully compliant and future-ready. ISG is proud to deliver exactly that.”
Read More: Phonepe Eyes Growth Across Payments and New Platforms Ahead Of IPO!
With authorisation across 3 payment aggregator categories, ISG is positioned to offer a consolidated payments infrastructure spanning online, offline and cross-border commerce under a unified operational framework.
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Published on: Feb 17, 2026, 12:03 PM IST

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