Easebuzz buzz has received authorisation from the Reserve Bank of India (RBI) to operate as a Payment Aggregator across online, offline and cross-border payment flows. The approval places the company among a select group of fintech players permitted to provide all three services under a single infrastructure. PayU and Pine Labs recently secured similar integrated permissions, as per media reports.
The licence enables Easebuzz to support merchants with online acceptance, in-person payments through POS devices and UPI soundboxes, along with inward and outward cross-border transactions. The expanded capability strengthens its offering for exporters, D2C brands, SaaS firms and service providers working with international customers by enabling multi-currency acceptance, compliant FX routing, faster settlements and detailed reconciliation.
Easebuzz currently serves over 2.5 lakh merchants and processes more than three million transactions daily. Its annualised Gross Transaction Value stands at over USD 50 billion. According to TheKredible, revenue from operations rose nearly 2.3 times to Rs 656 crore in FY25 from Rs 289 crore in FY24, while profit increased to Rs 18.77 crore from Rs 37.7 lakh.
With payment behaviour increasingly shifting between online and offline channels, the firm said unified systems for acceptance, reconciliation and compliance are becoming essential for businesses. Easebuzz also works with education, insurance, NBFCs, travel, ecommerce, retail, government and real estate sectors through embedded APIs that digitise financial workflows end-to-end. |
