Paysharp Gets RBI PA-P Licence for Offline Payments
Why in the news
Fintech Paysharp secured the RBI’s PA-P licence, adding in-person processing to its online aggregator permission.
Key facts
- PA-P (Payment Aggregator-Physical) lets an entity pool and process merchants’ face-to-face, offline digital payments.
- Paysharp obtained PA-O (Payment Aggregator-Online) in August 2024 and PA-P in January 2026.
- Both licences give online plus offline acceptance on one RBI-regulated platform.
Implications
| Area | Effect |
|---|---|
| Unified payments | One stack for e-commerce and in-store payments |
| Omnichannel reach | Serves merchants in-store, mobile and online without third-party aggregators |
About Paysharp
- Founded 2019; based in Chennai, Tamil Nadu; flat-fee pricing per transaction.
Exam angle
- PA-P = physical; PA-O = online.