Economy, Banking and Finance · 31 January 2026
Reserve Bank of India (RBI) grants Paysharp Payment Aggregator-Physical licence
Exam-focused facts from the 31 January 2026 current affairs briefing.
Key facts
- Chennai-based fintech Paysharp received RBI Payment Aggregator-Physical (PA-P) licence on 21 January 2026.
- Paysharp had earlier obtained RBI Payment Aggregator-Online (PA-O) licence in August 2024.
- The company follows a flat-pricing model for merchants across government, B2B enterprises, NBFCs and e-commerce sectors.
- Paysharp has raised ₹23.5 crore across two funding rounds for product development, regulatory compliance and payments infrastructure expansion.