Easebuzz gets RBI's in-principle nod for Payment Aggregation Authorisation

In March 2020, RBI issued guidelines to regulate the Payment Aggregators and Payment Gateways that facilitate payments in the online space

Payments Solutions Platform Easebuzz Pvt. Ltd. on Wednesday confirmed that it has received in-principle approval from Reserve Bank of India (RBI) for Payment Aggregator (PA) Authoristion. 

Easebuzz is a digital platform where businesses can include “technology-based solutions”, which are integrated with payments so as to digitise collections with ease, said the firm. Over the years, the company has created an affordable and easy to use APIs based platform to offer small businesses “solutions”, which could solve their collection related problems and also bring value in terms of subsidised pricing, easy to integrate API’s and availability of all payment modes for