A. Certificates of Authorisation issued by the Reserve Bank of India under the Payment and Settlement Systems Act, 2007 for Setting up and Operating Payment System in India The Payment and Settlement Systems Act, 2007 along with the Board for Regulation and Supervision of Payment and Settlement Systems Regulations, 2008 and the Payment and Settlement Systems Regulations, 2008 have come into effect from 12th August, 2008.
AlertPay hasnow( on 14th May) merged with larger Payza. Read this AlertPay blog here. The result of this is that now AlertPay users will have larger payment options and currencies supported world-wide. Payza is among a few select international payment gateway companies allowing you to receive payments in Indian Rupees . Given Paypal's non-stop woes in India, Payza now is the simplest international payment gateway to receive credit card payments online & also in Indian Rupees.