GVP Infotech Receives RBI Authorization for Cross-Border Payment Aggregation
GVP Infotech Limited (formerly Fourth Dimension Solutions Limited) has received authorization from the Reserve Bank of India (RBI) to operate as a Payment Aggregator for Online, Physical, and Cross-Bo...
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Why is GVP Infotech Limited in the news today?
GVP Infotech Limited (GVPTECH) is in the news due to the company has received a significant regulatory approval from the rbi, expanding its operational capabilities in the payment aggregation sector. this is a positive development for business growth and service offerings.
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GVP Infotech Receives RBI Authorization for Cross-Border Payment Aggregation
December 18, 2025, 06:59 AM
GVP Infotech Limited (formerly Fourth Dimension Solutions Limited) has received authorization from the Reserve Bank of India (RBI) to operate as a Payment Aggregator for Online, Physical, and Cross-Border transactions, facilitating both inward and outward movements. This expands upon the company's earlier authorization for online payment aggregation granted on January 29, 2024.
The new certificate of authorization was received by the company on December 17, 2025. The RBI's authorization is granted under the Payment and Settlement Systems Act, 2007. This approval is crucial for the company's digital payments services, allowing it to handle a broader range of transactions.
The RBI has stipulated that GVP Infotech must maintain a minimum net-worth of ₹25.00 crore by March 31, 2026, and on an ongoing basis. The company is also required to launch its PA-Cross Border services within six months from the date of the Certificate of Authorization, which was issued on December 16, 2025. This revised authorization replaces the previous CoA granted on January 29, 2024.
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