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VMPL
New Delhi [India], January 29: Chennai-based fintech firm Paysharp has secured the Reserve Bank of India's Payment Aggregator-Physical (PA-P) licence on 21 January 2026, marking a key milestone in the company's regulatory journey. Earlier, in August 2024, the company had obtained the RBI's Payment Aggregator-Online (PA-O) licence. With both licences in place, Paysharp is authorised to provide end-to-end payment acceptance services across online and offline channels. The dual approval enables the company to offer a single, compliant platform for digital payment acceptance across in-store, on-the-go and online use cases, in line with RBI regulatory and security requirements. Paysharp follows a flat-pricing model for merchants, offering an alternative to the percentagebased pricing structure prevalent in the payments industry. The company serves merchants across sectors including government, B2B enterprises, NBFCs and e-commerce. The company has raised 23.5 crore across two funding rounds to date, which has been deployed towards product development, regulatory compliance and expansion of its payments infrastructure. Commenting on the development, a company spokesperson said, "We thank our merchants, customers, employees, bankers and vendors for their continued trust and support. Securing the PA-P licence, in addition to the PA-O licence, reinforces our focus on building a compliant and scalable payments platform for India." https://www.paysharp.in/ (ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same.)
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