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RBI Cracks Down on Default Loss Guarantees with Stricter Rules | Corpzo In the era of digital commerce, payment gateways have become the foundation of India’s online financial ecosystem. Every online business—from small retailers to large e-commerce platforms—relies on secure and efficient payment gateways to process customer transactions. However, behind the convenience of digital payments lies a strong regulatory framework governed by the Reserve Bank of India (RBI). Any company planning to establish or operate a payment gateway in India must comply with RBI guidelines and obtain the necessary registration or license before going live. This article provides a comprehensive guide to RBI license requirements, eligibility, and the step-by-step registration process for payment gateways in India.