Fintech company Easebuzz has received full authorisation from the Reserve Bank of India (RBI) to function as a payment aggregator for online, offline, and cross-border transactions according to a report by Business Standard.
With this approval, the Pune-based firm joins a small group of players, such as PayU, Pine Labs and Concerto, that now hold all three key licences required to manage payment flows across these segments.
Unified Payments Stack Across Online, Offline & Cross-Border
The latest RBI approval allows Easebuzz to provide a unified digital payment infrastructure to businesses. This includes online payment acceptance, point-of-sale (PoS) devices, UPI soundboxes for in-store collections, and inward as well as outward cross-border payments.
Notably, before this approval, the company operated with partial licences. It received its final online payment aggregator clearance in February 2025, after obtaining an in-principle nod earlier.
At the time of receiving this final authorisation, Easebuzz had also been certified as a Biller Operating Unit (BOU) on the Bharat Bill Payment System (BBPS), and had already crossed the $30 billion mark in terms of Gross Transaction Value (GTV): reflecting strong compliance readiness and merchant adoption even before it became a full-stack aggregator. The offline (PA-P) and cross-border permissions were obtained later, completing its full regulatory spectrum.
Elsewhere in September 2024, Easebuzz partnered with NPCI Bharat BillPay Ltd. (NBBL) to launch a B2B (business-to-business) invoice management and payments platform, which demonstrated cross-platform interoperability for B2B payments: highlighting the company’s focus on digitising complex business transactions even before its full-stack PA approval.
Scale of Operations and Financial Performance
Easebuzz claims to work with more than 250,000 merchants and process around 3 million transactions each day. Its annualised Gross Transaction Value (GTV) is estimated at over $50 billion. Furthermore, the company reported revenue of Rs 656 crore and a net profit of Rs 19 crore in FY25. Notably, the revenue here doubled from Rs 294 crore in the previous financial year.
The expanded licence will allow the company to serve exporters, D2C (direct-to-consumer) brands, SaaS (software-as-a-service) platforms, and other businesses that collect payments from customers outside India. Its cross-border suite includes multi-currency acceptance, foreign exchange routing, settlements, and reconciliation tools.
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Easebuzz also provides payment APIs (application programming interfaces) and workflow-based tools for sectors such as education, insurance, travel, NBFCs (non-banking financial companies), real estate, e-commerce, and government services. Its major clients include Zepto, Bigbasket, Bajaj Finserv, IRCTC, Star Health Insurance, Symbiosis University and DLF.
In April 2025, Easebuzz raised $30 million in a Series A…
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