Which partner carries out each MuffinPay service?
Each row is one service in one market. MuffinPay builds and runs the technology; the authorised partner holds the licence.
| Service | Market | Partner | Regulator |
|---|---|---|---|
| PPI wallets and RuPay prepaid cards | India | RBI-authorised prepaid payment instrument issuer | Reserve Bank of India |
| Payment collections and gateways | India | RBI-authorised payment aggregator | Reserve Bank of India |
| Aadhaar e-KYC | India | UIDAI-authorised Sub-AUA / Sub-KUA | UIDAI |
| Digital rupee (e₹) solutions | India | Participating bank | Reserve Bank of India, subject to RBI approval |
| Stablecoin conversion and payouts | UAE, India, United States, Canada | Virtual-asset service provider licensed or registered in your market | For example VARA in Dubai, FIU-IND in India, FinCEN in the US and FINTRAC in Canada |
Every partner's authorisation is checked against the regulator's published records before we work with them. Stablecoin services are not offered in the United Kingdom.
How can I check an authorisation myself?
You can check payment authorisations in India on the Reserve Bank of India's list of authorised payment system operators, and virtual-asset licences on each regulator's public register.
Does MuffinPay hold customer money?
No. Customer money stays with the regulated partner, for example in an escrow account at a scheduled commercial bank for rupee wallets. Our Security page explains more.