{"id":964533,"date":"2025-09-26T09:30:12","date_gmt":"2025-09-26T04:00:12","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=964533"},"modified":"2025-09-26T09:36:51","modified_gmt":"2025-09-26T04:06:51","slug":"ettech-exclusive-rbi-orders-bnpl-firm-simpl-to-halt-payment-services","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/09\/26\/ettech-exclusive-rbi-orders-bnpl-firm-simpl-to-halt-payment-services\/","title":{"rendered":"ETtech Exclusive: RBI orders BNPL firm Simpl to halt payment services"},"content":{"rendered":"<p>The Reserve Bank of India (RBI) has asked Bengaluru-based fintech startup Simpl to halt all payment operations. <\/p>\n<p>In a letter dated September 25, a copy of which was reviewed by ET, the central bank stated: \u201cThe entity is directed to immediately stop the business of payment systems carried out by involving functions of payment, clearing, and settlement.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Reserve Bank of India (RBI) has asked Bengaluru-based fintech startup Simpl to halt all payment operations. In a letter dated September 25, a copy of which was reviewed by ET, the central bank stated: \u201cThe entity is directed to immediately stop the business of payment systems carried out by involving functions of payment, clearing, and settlement.\u201d<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-964533","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/964533","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\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=964533"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/964533\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=964533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=964533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=964533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}