Archive · 18 Nov 2025
PayU Expands Payment Services with RBI Approval
PayU, a big fintech company in India, got a special permission from the Reserve Bank of India.
This lets PayU help businesses take payments in many ways: online, in stores, and even from people in other countries.
It's like getting a multi-tool for payments!
This approval means PayU can handle money coming in and going out of the country.
It helps businesses accept payments safely and easily, whether customers are shopping online or in a physical store.
PayU offers over 100 ways to pay, like credit cards, UPI, and digital wallets.
This is a big step for PayU to help all kinds of businesses manage their money smoothly.
PayU receives RBI approval for online, offline, and cross-border payment aggregation
Approval covers both inward and outward transactions under the PSS Act
Strengthens PayU's role as a full-stack digital payments provider
Empowers businesses with secure, compliant, and seamless payment solutions
PayU serves over 4.5 lakh businesses and offers 100+ online payment methods
- Who
- PayU, India's leading diversified fintech platform
- What
- Received integrated authorization from the Reserve Bank of India to operate as a Payment Aggregator across online, offline, and cross-border transactions.
- When
- November 17
- Where
- India
- Why
- To offer secure, compliant, and seamless payment acceptance, settlement, and cross-border solutions for merchants, and to enable seamless omni-channel experiences.
Existing Summary
New Information
Scope of Approval
Existing Summary
PayU receives RBI approval for online, offline, and cross-border payment aggregation.
New Information
PayU receives integrated authorization from RBI to operate as a Payment Aggregator across online, offline (physical) and cross-border transactions, including both Inward and Outward.
Regulatory Framework
Existing Summary
Approval is under the Payment and Settlement Systems (PSS) Act.
New Information
Approval is under the Payment and Settlement Systems (PSS) Act.
Impact on Business Offerings
Existing Summary
Strengthens PayU's position as a full-stack digital payments provider; Empowers businesses with secure, compliant, and seamless payment solutions.
New Information
Enables PayU to offer secure, compliant, and seamless payment acceptance, settlement and cross-border solutions for merchants across channels; Reinforces commitment to building a resilient and innovation-driven payments ecosystem; Enables seamless omni-channel experiences for merchants.
Investor Information
Existing Summary
Investor: Prosus
New Information
Prosus is an investor in PayU, described as India’s leading diversified fintech platform.
Number of Businesses Empowered
Existing Summary
4.5 lakhs+
New Information
Empowered 4.5 lakhs+ businesses, including leading enterprises, e-commerce giants and SMBs.
Payment Methods
Existing Summary
Offers 100+ online payment methods, including cards, net banking, UPI, and wallets.
New Information
Collects digital payments across 100+ online payment methods such as Credit Cards, Debit Cards, Net Banking, EMIs, pay-later, QR, UPI, Wallets, and more.
- Company
- PayU
- Regulatory Body
- Reserve Bank of India (RBI)
- Approval Type
- Integrated authorization as Payment Aggregator
- Transaction Types
- Online, Offline (Physical), Cross-border (Inward & Outward)
- Legal Basis
- Payment and Settlement Systems (PSS) Act
- Investor
- Prosus
- Businesses Empowered
- 4.5 lakhs+
- Payment Methods Offered
- 100+ online methods
