Easebuzz has received a significant green light from the Reserve Bank of India (RBI), granting it the authorization to operate as a Payment Aggregator (PA) for online, offline, and cross-border payments.

This comprehensive license places Easebuzz among an elite group of Indian fintech companies, including recent recipients like PayU and Pine Labs, that are authorized to provide all three key payment capabilities under a single, unified infrastructure.

Key Capabilities and Merchant Support

The RBI authorization allows Easebuzz to significantly expand its service offerings and support for its merchants:

• Online Payment Acceptance: Facilitating digital transactions through various online channels.

• In-Person Payments: Enabling physical transactions via Point-of-Sale (POS) devices and UPI soundboxes.

• Cross-Border Payments: Processing both inward and outward international payments.

This unified approach is crucial for businesses that experience shifting consumer payment behavior across online and offline channels, providing them with simplified acceptance, reconciliation, and compliance.

Impact on Cross-Border Trade

Crucially, the approval to operate as a cross-border PA enhances Easebuzz’s ability to serve a wide range of businesses dealing with international customers, including:

• Exporters

• D2C brands

• SaaS companies

• Service providers

This will be facilitated through:

• Multi-currency acceptance

• Compliant Foreign Exchange (FX) routing

• Faster settlements

• Detailed reconciliation

Company Scale and Financial Performance

Easebuzz currently serves over 2.5 lakh merchants and processes more than 3 million transactions daily. Its annualized Gross Transaction Value (GTV) has surpassed $50 billion.

Financially, the company has demonstrated strong growth:

• Revenue from Operations surged nearly 2.3X to Rs 656 crore in FY25 from Rs 289 crore in FY24.

• It posted a profit of Rs 18.77 crore, compared to Rs 37.7 lakh in FY24.

Easebuzz leverages embedded APIs to digitize financial workflows for sectors like education, insurance, NBFCs, travel, e-commerce, retail, government, and real estate.

By: Sandhya Bharti