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

Banking & Finance

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.


      - 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.

     

     

Main Point :-   (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.

          ____________________________