Easebuzz, a full-stack payment solutions provider, has received final authorisation from the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator (PA) under the Payment and Settlement Systems Act, 2007. This landmark approval reinforces Easebuzz’s credibility as a trusted digital payment platform, facilitating seamless transactions across key sectors, including eCommerce, Education, Real Estate; and Travel and Tourism.
With this authorisation, Easebuzz joins an elite group of RBI-licensed payment aggregators, enhancing its ability to process online payments within a regulated and secure framework. The company currently handles an annualised Gross Transaction Value (GTV) of USD 30 billion, serving over 2,00,000 businesses, including SMEs and startups.
Rohit Prasad, MD & CEO, Easebuzz, shared his thoughts on this achievement. He stated, “Receiving final authorisation from the Reserve Bank of India to operate as an Online Payment Aggregator is a significant milestone for us. It stands as a testament to Easebuzz’s commitment to building safe, secure and compliant digital payment solutions. We remain dedicated to empowering businesses, especially SMEs, by providing cutting-edge financial technology solutions that enable them to digitise, formalise and grow. Easebuzz will continue to drive innovation and contribute to India’s rapidly expanding digital economy with affordable, easy-to-integrate, and user-friendly payment solutions.”
Expanding its footprint beyond payments, Easebuzz is evolving into a full-stack financial operating system. The company has recently entered the B2B payments space by launching an invoice management and payments platform in collaboration with NPCI Bharat BillPay (NBBL). Additionally, it has been certified as a Biller Operating Unit (BOU) on the Bharat Bill Payment System (BBPS).
The company has witnessed remarkable growth in FY24, with revenues surging to Rs 290 crore, and is projected to exceed Rs 600 crore in FY25. The platform’s daily transaction volume has crossed 1 million transactions, and the company has maintained profitability since its inception.
With this RBI approval, Easebuzz is set to further strengthen India’s digital payments ecosystem and drive financial inclusion for businesses nationwide.
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