Easebuzz Approved as a Payment Aggregator by RBI
Easebuzz has obtained approval from the Reserve Bank of India to operate as a Payment Aggregator for a diverse range of payments, including online, offline, and cross-border transactions. This development positions Easebuzz among the select payment fintech firms in India permitted to offer all three critical payment functionalities within a singular framework. Recently, other prominent companies, such as PayU and Pine Labs, also secured integrated authorisation from the Reserve Bank of India (RBI).
Functions Enabled by RBI License
The RBI license empowers Easebuzz to assist merchants in several areas: accepting online payments, processing in-person payments via POS devices and UPI soundboxes, as well as managing cross-border payment processes for both inward and outward transactions.
Merchant Support and Transaction Volume
Currently, Easebuzz supports over 250,000 merchants and handles more than 3 million transactions daily. The company’s Gross Transaction Value (GTV) on an annual basis surpasses $50 billion. According to various reports, Easebuzz’s operational revenue surged nearly 2.3 times, reaching Rs 656 crore in FY25, up from Rs 289 crore in FY24. The firm reported a profit of Rs 18.77 crore, a significant increase from Rs 37.7 lakh in FY24.
Addressing Shifts in Payment Behaviour
As payment preferences evolve between online and offline platforms, businesses increasingly need cohesive systems for payment acceptance, reconciliation, and compliance. The authorization to serve as a cross-border Payment Aggregator enhances Easebuzz’s capability to assist exporters, D2C brands, SaaS companies, and service providers that engage with international clients, by facilitating multi-currency acceptance, compliant foreign exchange routing, quicker settlements, and comprehensive reconciliation.
Sectors Served by Easebuzz
Easebuzz currently caters to various sectors including education, insurance, non-banking financial companies (NBFCs), travel, ecommerce, retail, government, and real estate. The company employs embedded APIs that streamline financial workflows from start to finish.