Easebuzz gets RBI approval for all three payments licences
19 Nov 2025, 05:23 PMRecently, newly listed fintech major Pine Labs and PayU India also got RBI's approval for the three licenses.
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Easebuzz, which is backed by Bessemer Venture Partners, has received the approval from the Reserve Bank of India (RBI) to function as a full-service payment aggregator (PA), covering online, offline, and cross-border payment operations.
The fintech platform joins an exclusive group of just three companies in India to obtain all three critical payment licenses from the central bank so far. Recently, newly listed fintech major Pine Labs and PayU India also got RBI's approval for the three licenses.
The RBI approval enables Easebuzz to provide merchants with comprehensive payment solutions encompassing online payment acceptance, in-person transactions via point-of-sale (POS) terminals and UPI Soundbox devices, and both inward and outward cross-border payment processing.
Easebuzz, which was founded by Rohit Prasad, specializes in providing vertically-focused payment solutions tailored to specific industry requirements around collections and disbursements.
Currently, Easebuzz serves more than 2.5 lakh merchants, handling 3 million transactions daily, with an annualized Gross Transaction Value surpassing $50 billion.
Commenting on the development, Rohit Prasad, MD and CEO of Easebuzz, stated that the milestone demonstrates the company's sustained focus on developing compliant, scalable, and secure payment infrastructure for Indian enterprises.
Earlier in April, Easebuzz raised $30 million in its Series A funding round led by Bessemer Venture Partners.
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