PhonePe launches Account Aggregator (AA) services after acquiring RBI licence
Shortpedia
Content Team
Image Credit: business standard
After receiving the NBFC-AA licence from RBI, PhonePe Group has announced the launch of its Account Aggregator (AA) services through its wholly-owned subsidiary PhonePe Technology Services. Through this service, the users will be able to share their financial data including bank statements, insurance policies, etc for several purposes such as application for loans, purchase of new insurance, etc.
