PayU secures RBI approval to run online, offline & global payments

By Vriti Gothi

PayU, a diversified and technology-forward FinTech platform, has received integrated authorisation from the Reserve Bank of India (RBI) to function as a Payment Aggregator across online, offline and cross-border transactions under the Payment and Settlement Systems (PSS) Act. The approval covers both inward and outward cross-border flows, positioning PayU to deliver a unified, compliant and seamless suite of payment acceptance, settlement and international transaction capabilities to merchants across all touchpoints.

The authorisation marks a significant strategic milestone for PayU as India accelerates its shift toward a secure, interoperable and digitally enabled payment infrastructure. It reinforces the company’s long-term commitment to supporting the country’s evolving financial ecosystem with resilient technology, trusted compliance frameworks and customer-centric product design.

“We are honoured to receive the Reserve Bank of India’s continued trust and authorisation to operate as a Cross-Border (Both Inward & Outward) Payment Aggregator, in addition to online and offline PA. This milestone reinforces our commitment to building a resilient and innovation-driven payments ecosystem, enabling us to offer secure, transparent, and customer-first payment solutions, including seamless omni-channel experiences for merchants of all sizes,” said a PayU spokesperson.

With this approval, PayU further strengthens its position as a full-stack digital payments provider, enabling businesses to streamline online, in-store and international transactions through a single, robust platform. The integrated licence enhances the company’s ability to support enterprises, eCommerce leaders, and SMBs with a scalable, compliant, and future-ready payment infrastructure that meets the needs of an increasingly borderless digital economy.