RBI · SRO register

Self-Regulated PSO Association SRPA

Payment system operators: payment aggregators, wallets/PPIs, POS

Recognised (RBI)2025-11-11

StatusActive SRO (PSO)

Listed members18 (13 Payments / PSO · 2 Fintech / LSP · 2 Tech / TSP · 1 Forex / Remittance)

Sitesrpa.org.in

Why it matters if you borrow or pay

Founded by the people who run India's payment rails at the merchant end: CCAvenue's Vishwas Patel and BillDesk's M N Srinivasu.
Expected to police member PSOs on settlement reliability, outage handling, merchant onboarding fraud and RBI payment-circular compliance.

Website is skeletal ('more details coming soon') — no code of conduct, grievance process or member list published yet.
18 members vs ~30+ licensed payment aggregators: check who is and isn't covered.

Name	Role	Affiliation
Vishwas Patel	Director	Joint Managing Director - Infibeam Avenues (CCAvenue)
M N Srinivasu	Director	Co-founder - BillDesk

Name	Role	Affiliation
Secretariat	Mumbai secretariat - Info@srpa.org.in

Captured from https://srpa.org.in/ on 2026-09-10. Marketing rosters, not filings — see methodology.