Close Menu
fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

Exploring the Enigmatic Surge of 7.5% in Semiconductors: An In-Depth Technical Analysis

July 18, 2025

Fintech investors prefer Delaware over Texas for bankruptcy proceedings.

July 18, 2025

Improving Accuracy and Efficiency with Claude Financial Services AI

July 18, 2025

AI-Powered Financial Services That Integrate Your Complete Financial Landscape for Enhanced Diligence, Modeling, and Analysis

July 18, 2025
Facebook X (Twitter) Instagram
Trending
  • Exploring the Enigmatic Surge of 7.5% in Semiconductors: An In-Depth Technical Analysis
  • Fintech investors prefer Delaware over Texas for bankruptcy proceedings.
  • Improving Accuracy and Efficiency with Claude Financial Services AI
  • AI-Powered Financial Services That Integrate Your Complete Financial Landscape for Enhanced Diligence, Modeling, and Analysis
  • A clear strategy is essential for ongoing accountability in financial services driven by AI.
  • The Upcoming Zerodha? Fintech Startups Riding the Brokerage Surge
  • Guidance for Exploring Continental Perspectives
  • Paris-based fintech platform Spiko secures 18.9 million euros to make treasury yields more accessible to everyone.
Facebook X (Twitter) Instagram Pinterest Vimeo
fintechbits
  • News

    Fintech and Global Expansion as Russia’s National Center Hosts a Major Session at SPIEF 2025 in Salt Lake City News, Weather, and Sports Updates

    July 15, 2025

    Alona Shevtsova emphasizes the importance of connection at the recent London Fintech Club event – London Business News

    July 15, 2025

    Unicorn Bank Zero represents the final achievement of his fintech journey.

    July 9, 2025

    Fintech Company Pine Labs Submits Documents to SEBI for IPO Fundraising

    July 4, 2025

    British Fintech Zilch Seeking International Tender Opportunities

    July 4, 2025
  • AI

    Improving Accuracy and Efficiency with Claude Financial Services AI

    July 18, 2025

    AI-Powered Financial Services That Integrate Your Complete Financial Landscape for Enhanced Diligence, Modeling, and Analysis

    July 18, 2025

    A clear strategy is essential for ongoing accountability in financial services driven by AI.

    July 18, 2025

    Guidance for Exploring Continental Perspectives

    July 18, 2025

    A fresh period for enhanced efficiency and investment returns

    July 17, 2025
  • Acquisitions

    African fintech leaders are shaping the industry through worldwide acquisitions.

    June 30, 2025

    Acrisure obtains significant funding to enhance its fintech strategy.

    June 14, 2025

    $200 million IPO SPAC aims for acquisitions in fintech and AI sectors.

    June 1, 2025

    Wealthsimple hires multiple teams to enhance family financial management.

    May 31, 2025

    The HPS of Morocco plans to acquire a Fintech company by 2027, referred to as CEO – TradingView News.

    May 3, 2025
  • Trends

    Market size, share, trends, and business profiles in the Fintech industry

    July 10, 2025

    Overview of the FINCH 2025 Market and Participant Profiles

    July 5, 2025

    Key Trends and Focus Areas in Fintech Payments for 2025

    June 22, 2025

    Overview of the Singapore Fintech Market: Market Size, Trends, and Growth Potential

    June 18, 2025

    Southeast Asia’s Fintech Market: Size, Trends, and Growth Potential

    June 13, 2025
  • Insights

    ICAPITAL Fintech Achieves a Valuation Exceeding $7.5 Billion in Recent Fundraising Amid Surge in Private Markets

    July 10, 2025

    Alphalésaka Technologies: The Potential Transformative Impact of Recent Fintech Acquisition

    July 9, 2025

    Surge Continuation Funds in Europe Prepared for the 2025 Records – Fintech Schweiz Digital Finance News

    July 7, 2025

    Schaeffer Investment Research Scholarships Break Through Significant Resistance Levels

    June 27, 2025

    Finance Magnates Reports: XBO Designated as Top Cryptocurrency Payment Gateway. XBO’s core principles of trust and simplicity align with cutting-edge solutions, providing customers access to an award-winning crypto payment option. 16 hours ago

    June 26, 2025
  • Rumors

    Exploring the Enigmatic Surge of 7.5% in Semiconductors: An In-Depth Technical Analysis

    July 18, 2025

    The dollar is affected by speculation about Powell in the markets.

    July 17, 2025

    Tesla has announced that the new six-seat YL model will launch in China later this year.

    July 17, 2025

    Markets experienced a chaotic day amid speculation that Trump might fire Jerome Powell.

    July 17, 2025

    Rumors suggest that Stripe is entering the L1 blockchain sector amid advancements in AI and stablecoin development.

    July 16, 2025
  • Startups

    Fintech investors prefer Delaware over Texas for bankruptcy proceedings.

    July 18, 2025

    The Upcoming Zerodha? Fintech Startups Riding the Brokerage Surge

    July 18, 2025

    Paris-based fintech platform Spiko secures 18.9 million euros to make treasury yields more accessible to everyone.

    July 17, 2025

    Updates on News, Economics, and Finance: Sensex, Nifty, Global Markets, NSE, BSE, and Live IPO Information

    July 17, 2025

    Trendyol, Baykar CEO, Adq, and Ant International collaborating to establish a Fintech platform in Turkey.

    July 16, 2025
  • finjobsly
fintechbits
Home » Fintech startup Paysharp gets RBI approval to operate as payment aggregator
Startup News

Fintech startup Paysharp gets RBI approval to operate as payment aggregator

2 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
Rmh0qygunumkqzdmqkkl.png
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

Chennai-based fintech startup Paysharp has received final approval from the Reserve Bank of India (RBI) to operate as a Payment Aggregator (PA).

The approval, which was granted on August 30, 2024, follows a license in principle the company received in December 2022.

The final approval places Paysharp among the 36 PAs approved by the RBI, which also includes major players like Razorpay, Cashfree and Stripe.

Merchant Integration

With the RBI’s permission, Paysharp can now onboard merchants and officially participate in the Indian payment ecosystem.

The startup primarily focuses on non-card-based payment solutions, offering services like Unified Payments Interface (UPI) and virtual account-based collections for NEFT, IMPS and RTGS transactions.

Paysharp’s services cater to various sectors including government, B2B enterprises, non-banking financial companies (NBFCs), small and medium enterprises (SMEs) and the emerging e-commerce sector.

Unlike other aggregators that charge percentage-based fees, Paysharp offers a flat-rate pricing model to provide a more cost-effective solution for businesses, especially those with high-volume transactions.

Innovative product offerings

Paysharp has developed innovative products such as Link Payment and Payment Pages, which are powered by UPI.

The payment link feature allows merchants to create and send payment links to customers via platforms such as WhatsApp, SMS or email, facilitating quick payments.

On the other hand, payment pages allow merchants to create customizable pages to accept payments directly from customers.

In addition to this, Paysharp also provides branded UPI IDs, dynamic QR code generation and solutions tailored to Bharat Bill Payment System (BBPS), specifically for B2B bill collections.

Management Comments

Commenting on the final approval from the RBI, Krishna Kumar Mani, Co-Founder and CEO, Paysharp, said, “It is a great pride to be a part of the Indian payment system. We understand the value and responsibility of authorisation, and will continue to provide simple and secure payments to businesses at a flat rate, an alternative to percentage-based pricing.”

Mani also highlighted that the license will enable the company to expand its operations and extend its reach in the Indian fintech space.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Fintech investors prefer Delaware over Texas for bankruptcy proceedings.

July 18, 2025

The Upcoming Zerodha? Fintech Startups Riding the Brokerage Surge

July 18, 2025

Paris-based fintech platform Spiko secures 18.9 million euros to make treasury yields more accessible to everyone.

July 17, 2025
Leave A Reply Cancel Reply

Latest news

Exploring the Enigmatic Surge of 7.5% in Semiconductors: An In-Depth Technical Analysis

July 18, 2025

Fintech investors prefer Delaware over Texas for bankruptcy proceedings.

July 18, 2025

Improving Accuracy and Efficiency with Claude Financial Services AI

July 18, 2025
News
  • AI in Finance (1,379)
  • Breaking News (157)
  • Corporate Acquisitions (65)
  • Industry Trends (178)
  • Jobs Market News (292)
  • Market Insights (191)
  • Market Rumors (251)
  • Regulatory Updates (151)
  • Startup News (923)
  • Technology Innovations (155)
  • X Feed (1)
About US
About US

FintechBits is a blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (1,379)
  • Breaking News (157)
  • Corporate Acquisitions (65)
  • Industry Trends (178)
  • Jobs Market News (292)
  • Market Insights (191)
  • Market Rumors (251)
  • Regulatory Updates (151)
  • Startup News (923)
  • Technology Innovations (155)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2025 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.