Easebuzz wins RBI nod to unify online, offline, and cross-border payments
Easebuzz has secured approval from the Reserve Bank of India (RBI) to operate as a full-service Payment Aggregator. The company can now handle online, offline, and cross-border payments under one unified system. This milestone places it among a select group of firms with such comprehensive payment capabilities.
The RBI’s authorisation allows Easebuzz to serve over 2.5 lakh merchants, processing more than three million daily transactions. Its annualised Gross Transaction Value already exceeds $50 billion. The company’s expanded services now include online payment acceptance, POS devices, UPI soundboxes, and international transactions.
The cross-border approval extends Easebuzz’s reach to exporters, direct-to-consumer brands, SaaS companies, and service businesses with global customers. Its international payments stack supports multi-currency acceptance, compliant foreign exchange routing, faster settlements, and detailed reconciliation.
Founder and CEO Ashish Aggarwal highlighted the significance of managing all three payment methods—online, offline, and cross-border—under a single infrastructure. MD and CEO Rohit Prasad credited the achievement to the company’s focus on compliant and scalable payment solutions. Easebuzz now joins PayU and Pine Labs as one of the few firms with integrated RBI approvals.
With this approval, Easebuzz strengthens its position in India’s payment ecosystem. Merchants can now access a broader range of payment services through a single provider. The move is expected to streamline transactions for businesses operating both domestically and internationally.
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