{"id":962659,"date":"2025-09-18T12:15:50","date_gmt":"2025-09-18T06:45:50","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=962659"},"modified":"2025-09-18T12:51:28","modified_gmt":"2025-09-18T07:21:28","slug":"phonepe-paytm-cred-shut-down-rent-payment-feature-after-rbi-curbs-report","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/09\/18\/phonepe-paytm-cred-shut-down-rent-payment-feature-after-rbi-curbs-report\/","title":{"rendered":"PhonePe, Paytm, Cred shut down rent payment feature after RBI curbs: Report"},"content":{"rendered":"<p>The Reserve Bank of India\u2019s move to tighten regulations for payment aggregators has prompted some of India\u2019s largest fintech firms, including PhonePe, Paytm and Cred, to stop rent payments on their platforms, according to a Moneycontrol report.<\/p>\n<p>Rent payments have become a large-volume business with significant topline impact for fintech firms as users relied on credit cards to pay rent and earn rewards, Moneycontrol quoted industry sources as saying, but the central bank\u2019s new rules prohibit payment aggregators from acting as marketplaces\u2014which previously allowed them to process rent payments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Reserve Bank of India\u2019s move to tighten regulations for payment aggregators has prompted some of India\u2019s largest fintech firms, including PhonePe, Paytm and Cred, to stop rent payments on their platforms, according to a Moneycontrol report. Rent payments have become a large-volume business with significant topline impact for fintech firms as users relied on credit cards to pay rent and earn rewards, Moneycontrol quoted industry sources as saying, but the central bank\u2019s new rules prohibit payment aggregators from acting as marketplaces\u2014which previously allowed them to process rent payments.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15,51,4],"tags":[],"class_list":["post-962659","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-it-2-hindustantimes","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/962659","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=962659"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/962659\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=962659"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=962659"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=962659"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}