Resumen
Open Money is a payment aggregator operating in India. An aggregator connects a merchant to several payment methods under one contract and one integration instead of working with each bank separately.
How aggregators work in India
Payment aggregators in the country are regulated by the Reserve Bank of India, which sets rules on capital, safeguarding merchant funds and customer checks. For businesses this means predictable onboarding and settlement rules.
Coverage
The operating market is India.
Legal entity
The operator is Open Financial Technologies Private Limited. The payment acceptance contract is signed with this company.
Onboarding
The provider has a dedicated form for reaching its sales team, where business needs are discussed and a commercial offer is prepared. Payment methods, pricing and settlement times are not detailed publicly; they are given during that conversation. Have turnover figures, your business sector and Indian company registration details ready.
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