Fintech Firm Easebuzz Receives RBI Nod for Full-Service Payment Aggregator Operations

Fintech major Easebuzz has secured authorisation from the Reserve Bank of India (RBI) to function as a full-service payment aggregator, marking a major expansion in its operational capabilities across digital and cross-border payment infrastructure.  

The approval aligns with RBI’s ongoing efforts to strengthen India’s digital payments ecosystem through regulated and compliant intermediaries. 

Key Development – RBI Approval and Expanded Scope 

The latest approval enables Easebuzz to offer a full-stack payment suite, covering online payments, PoS-based in-person transactions and UPI soundbox acceptance. With this authorisation, the firm has also gained permission to process cross-border inward and outward transactions, widening its reach to export-oriented businesses.  

This development follows similar approvals granted to Infibeam Avenues and PayU under the PA-P category, which specifically covers physical transaction devices. RBI defines a payment aggregator as an entity that enables transactions where both the acceptance device and the payment instrument are present physically during the payment process. 

Company Strategy and Market Presence 

As per the news reports, Managing Director and CEO Rohit Prasad described the approval as validation of the company’s focus on compliance, security and scalable digital infrastructure. The firm stated that RBI’s progressive regulatory stance is reducing entry barriers and supporting innovation-led growth.  

Easebuzz claims to currently serve over 2.5 lakh merchants, handling 3 million transactions per day, with an annualised GTV of over $50 billion. For FY2024–25, the company reported revenue of ₹656 crore and a net profit of ₹19 crore, reflecting strong operational momentum. 

Read More: RBI Approves PayGlocal for Comprehensive Cross-Border Payment Aggregator Operations! 

Conclusion 

Easebuzz’s full-service PA authorisation marks a meaningful shift in its capabilities, positioning the firm to play a stronger role in both domestic and cross-border digital payments.  

The approval also signals growing regulatory openness towards fintech-led payment infrastructure, potentially enabling greater innovation and inclusion in India’s financial ecosystem. 

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