India's One Mobikwik Systems gains after getting offline payment aggregator license

One Mobikwik Systems

26/05/2026 08:22

** Shares of One Mobikwik Systems ONEM.NS jump 6% to 202.58 rupees

** Fintech co receives in-principle approval for offline payment aggregator license from Reserve Bank of India

** License will enable co to deepen its offline merchant payments business across India

** Co targeting 10x growth in merchant business by FY28

** YTD, ONEM down ~13%

(Reporting by Vijay Malkar)

((VijayDattaram.Malkar@thomsonreuters.com;))