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Offline Merchant Payments Business

MobiKwik gets RBI approval for offline PA license

MobiKwik gets RBI approval for offline PA license

26 May 2026, 16:27 PM

MobiKwik said it is targeting a 10x expansion in its merchant payments segment by FY28.

BharatPe ropes in Himanshu Verma from Pine Labs as head of POS biz

BharatPe ropes in Himanshu Verma from Pine Labs as head of POS biz

19 Mar 2026, 13:42 PM

In his new role, Verma will focus on driving merchant adoption, strengthening distribution, and scaling the company’s offline payments ecosystem.

After PayU walked away, BillDesk steps in to acquire Worldline

After PayU walked away, BillDesk steps in to acquire Worldline

25 Feb 2026, 13:10 PM

BillDesk is one of the few major payment aggregators in the country with no offline play.

Razorpay gets offline PA license from RBI

Razorpay gets offline PA license from RBI

22 Jan 2026, 13:44 PM

With the PA-P license, Razorpay now holds all three key RBI authorisations for payments, online, offline, and cross-border.

Exclusive: Bajaj Finance reworks PoS strategy as regulatory landscape shifts

Exclusive: Bajaj Finance reworks PoS strategy as regulatory landscape shifts

27 Nov 2025, 14:18 PM

The shift in strategy comes as Bajaj Finance looks to reduce capital expenditure and avoid the regulatory obligations.

Exclusive: Fiserv India looks to sell its fuel payments business

Exclusive: Fiserv India looks to sell its fuel payments business

25 Nov 2025, 01:59 AM

Fiserv has been reaching out to payments companies and banks since past few weeks, industry insiders informed.

Exclusive: PayU India in final talks to acquire PoS player

Exclusive: PayU India in final talks to acquire PoS player

27 Oct 2025, 23:10 PM

PayU has been seriously exploring a buyout in offline space for quite some time now. It also had talks with two other companies.

Paytm parent restructures to bring entities under direct ownership

Paytm parent restructures to bring entities under direct ownership

15 Oct 2025, 20:34 PM

Paytm has also approved the transfer of its offline merchant payments business to its wholly-owned subsidiary, Paytm Payments Services Ltd.

RBI brings the wild west under regulatory fold; Hello, AI friend

RBI brings the wild west under regulatory fold; Hello, AI friend

30 Sep 2025, 14:10 PM

Sep 19th Edition: We look at the RBI’s unified master directions on payment aggregators and what it means; and how AI companions could be the next big bets for Indian VCs.

Exclusive: Razorpay

Exclusive: Razorpay's offline payments head Kunal Gothivarekar moving out

29 Sep 2025, 14:10 PM

The exit comes at a time when Razorpay has been aggressively pushing its offline payments vertical in its overall portfolio.

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