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Resilient Payments, a BharatPe Company Receives RBI Approval to Operate as Online Payment Aggregator.

Banking & Finance | Dated: 11 Apr 2025

In April 2025, the Reserve Bank of India (RBI) granted final authorization to Resilient Payments Private Limited, a New Delhi (Delhi)-based subsidiary of the BharatPe Group, to operate as an Online Payment Aggregator (PA). This follows the in-principle approval given in January 2023.

🎯 Key Highlights:

  • - With this authorization, Resilient Payments will soon launch its online PA platform under the brand name 'BharatPe X', aiming to expand BharatPe’s digital payment services, especially across Tier 2 and Tier 3 cities in India.

💡 Other Important Facts:

  • (i) The PA license allows companies to facilitate online transactions for e-commerce, bringing them under RBI’s regulatory framework. It also enables them to offer early settlements, a form of short-term credit, and partner with NBFCs and banks to provide term loans.
  • (ii) BharatPe has become the only fintech company in India to possess a unique combination of financial authorizations—holding an NBFC license through Trillion Loans, a stake in Unity Small Finance Bank (SFB), and now, the Payment Aggregator (PA) authorization from the Reserve Bank of India (RBI).
  • (iii) As of April 2025, the RBI has granted PA authorization to 41 companies, while over 28 firms have received in-principle approval to operate as payment aggregators in India.

📚 Test Your Knowledge:

Which company was recently granted final RBI approval to operate as an online payment aggregator under the brand 'BharatPe X'?

Correct Answer: Resilient Payments

🚀 Quick Recap: