Infibeam Avenues Approved for Offline Payment Aggregation

Infibeam Avenues has secured final regulatory approval from the Reserve Bank of India, allowing it to function as an offline payment aggregator. This new capability enables the company to facilitate in-store card and QR-based transactions through POS devices. Already holding licenses for online payment aggregation, prepaid payment instruments, and Bharat Bill Pay, the firm has recently also gained in-principle approval from the RBI to issue prepaid payment instruments (PPIs).

Deployment of POS Machines

With this new approval, Infibeam Avenues is now positioned to deploy and manage POS machines throughout merchant outlets under its CCAvenue brand. The company operates a comprehensive digital platform that predominantly focuses on digital payment services and e-commerce solutions.

Transaction Volumes and Market Reach

For the financial year ending 2025, Infibeam Avenues has reported processing a staggering Rs 8.67 lakh crore in transactions across its payments and platform divisions, catering to over 10 million merchants both in India and in international markets. This robust activity underscores the company’s significant presence and influence in the digital payments landscape.

Financial Performance

This recent regulatory approval comes in the wake of other regulatory advances for Infibeam, including its subsidiary obtaining an in-principle PSP license from the IFSCA at GIFT City. Various sources indicate that Infibeam’s operational revenue climbed to Rs 1,965 crore in Q2 FY26, up from Rs 1,017 crore in Q2 FY25. Concurrently, the profit surged by 45% to reach Rs 68 crore, compared to Rs 47 crore in Q2 FY25.