Fintech firm Easebuzz receives RBI nod for full-service payment aggregator operations

Easebuzz has secured authorisation from the Reserve Bank of India (RBI) to operate as a full-service Payment Aggregator across online, offline and cross-border transactions, placing it among only three Indian payment fintechs to hold all three key licenses.

With this approval, Easebuzz can now provide merchants with end-to-end payment capabilities, including online payment acceptance, in-person payments through POS devices and UPI soundboxes, and cross-border inward and outward transactions.

Rohit Prasad, MD & CEO of Easebuzz, said that the move stresses the RBI’s “progressive approach” in enabling innovation across integrated payment ecosystems.

Easebuzz currently serves more than 2.5 lakh merchants, processing around 3 million transactions per day. Its annualised Gross Transaction Value stands at over $50 billion.

For FY2024-25, the company reported revenue of ₹656 crore and a net profit of ₹19 crore.

Easebuzz continues to focus on sector-specific SaaS integrations as part of its long-term strategy. Its verticalised solutions cater to sectors such as education, insurance, NBFCs, travel, e-commerce, retail, government and real estate, embedding payment capabilities via SaaS APIs to digitise and streamline financial workflows.