The Reserve Bank of India (RBI) has granted Easebuzz formal approval to operate as a Payment Aggregator (PA) for online, offline, and cross-border transactions, marking a major milestone in the company’s growth trajectory. This authorization allows the fintech firm to expand its payment services across a wider merchant base and strengthen its footprint in India’s rapidly evolving digital payments ecosystem.
Key Highlights
- Easebuzz gets final RBI authorisation to operate as an online payment aggregator, enabling compliant digital payments.
- The platform serves over 200,000 businesses, processing an annualised gross-transaction value of USD 30 billion.
With the newly approved license, Easebuzz can now facilitate digital payments for online merchants, support in-store transactions through point-of-sale devices, and enable international payment flows for businesses dealing with overseas clients. This includes the ability to accept payments in multiple currencies, streamline foreign exchange routing, and offer quicker settlement cycles—capabilities that are expected to significantly benefit exporters, SaaS companies, D2C brands, and service providers involved in global trade.
Easebuzz currently powers payments for more than 2.5 lakh merchants across India and processes nearly 3 million transactions per day, indicating its growing influence as a payment infrastructure provider. The company also records an annualized Gross Transaction Value (GTV) exceeding $50 billion, showcasing its strong operational scale.
The RBI approval is expected to accelerate Easebuzz’s expansion and enhance the reliability of its services, especially after the regulator tightened norms for payment aggregators. Businesses across sectors—from retail and education to logistics and manufacturing—will now be able to leverage Easebuzz’s unified platform for seamless collections, billing, invoicing, and cross-border settlements.
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The fintech firm has also demonstrated strong financial performance, reporting a 2.3× jump in revenue to ₹656 crore in FY25, alongside improved profitability. The PA license is expected to further boost its growth momentum as it continues to build compliant and secure payment infrastructure for India’s digital economy.
