{"id":4693,"date":"2026-01-22T07:23:18","date_gmt":"2026-01-22T07:23:18","guid":{"rendered":"https:\/\/razorpay.com\/newsroom\/?p=4693"},"modified":"2026-06-15T07:28:58","modified_gmt":"2026-06-15T07:28:58","slug":"razorpay-pos-receives-rbi-approval-for-offline-payment-aggregator-licence","status":"publish","type":"post","link":"https:\/\/razorpay.com\/newsroom\/razorpay-pos-receives-rbi-approval-for-offline-payment-aggregator-licence\/","title":{"rendered":"Razorpay POS Receives RBI Approval for Offline Payment Aggregator Licence"},"content":{"rendered":"<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><i><span style=\"font-weight: 400;\">Razorpay now holds all three key foundational RBI authorisations &#8211; online, offline, and cross-border &#8211; making it one of the few companies licensed to operate end-to-end across India\u2019s payments landscape.<\/span><\/i><\/li>\n<\/ul>\n<p><b>INDIA, Bengaluru \u2013 22 January 2026:<\/b> <a href=\"https:\/\/razorpay.com\/pos\/\"><b>Razorpay POS<\/b><\/a><span style=\"font-weight: 400;\">, the offline payments arm of the fintech major, today announced that it has <\/span><b>secured the Payment Aggregator \u2013 Physical (PA-P) License from the Reserve Bank of India (RBI).<\/b><span style=\"font-weight: 400;\"> The approval marks a significant milestone in Razorpay\u2019s regulatory journey.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With this authorisation, Razorpay POS endeavours to position itself as one of India\u2019s trusted payment infrastructures. The license adds critical regulatory depth to Razorpay POS\u2019s stack, enabling it to support high-volume, in-store payments for businesses across sectors, from large retail chains and enterprises to fast-growing SMEs. Already operating at a significant scale, Razorpay POS is trusted by leading brands across India\u2019s physical commerce ecosystem.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Commenting on the milestone, <\/span><b>Shashank Kumar, MD &amp; Co-founder, Razorpay<\/b><span style=\"font-weight: 400;\">, said<\/span><i><span style=\"font-weight: 400;\">, \u201cIn-store commerce continues to power a large part of India\u2019s economy, and building payment infrastructure for it begins with trust and regulatory alignment. For us, regulation isn\u2019t an afterthought; it\u2019s core to how we build. Securing the RBI\u2019s Offline Payment Aggregator License further strengthens our ability to support businesses with scalable, compliant in-store payments as they expand their omnichannel presence. This milestone reflects our long-term commitment to building a single, reliable payments backbone that works seamlessly across online and in-store commerce.\u201d<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">As India sees a rapid expansion of omnichannel commerce, driven by D2C brands, retail, and enterprise players, the demand for a unified and compliant payments backbone continues to grow. With the PA-P (Payment Aggregator \u2013 Physical) license, Razorpay now holds <\/span><b>all three key RBI authorisations for payments, online, offline, and cross-border (secured in December 2025), making it one of the few players in the ecosystem to do so and among the early recipients of the payment aggregator licence from the RBI in December 2023<\/b><span style=\"font-weight: 400;\">. By combining regulatory depth with scalable infrastructure, Razorpay is uniquely positioned to support Indian businesses across every stage of their growth, both online and offline.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Razorpay now holds all three key foundational RBI authorisations &#8211; online, offline, and cross-border &#8211; making it one of the few companies licensed to operate end-to-end across India\u2019s payments landscape. INDIA, Bengaluru \u2013 22 January 2026: Razorpay POS, the offline payments arm of the fintech major, today announced that it has secured the Payment Aggregator<\/p>\n","protected":false},"author":14,"featured_media":4513,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"no","_lmt_disable":"no","footnotes":""},"categories":[27],"tags":[33,216,215,113,205],"class_list":["post-4693","post","type-post","status-publish","format-standard","has-post-thumbnail","category-corporate","tag-razorpay","tag-razorpay-offline-license","tag-razorpay-offline-payments","tag-razorpay-pos","tag-razorpay-rbi"],"modified_by":"Anu Saraswat","_links":{"self":[{"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/posts\/4693","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/comments?post=4693"}],"version-history":[{"count":1,"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/posts\/4693\/revisions"}],"predecessor-version":[{"id":4694,"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/posts\/4693\/revisions\/4694"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/media\/4513"}],"wp:attachment":[{"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/media?parent=4693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/categories?post=4693"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/razorpay.com\/newsroom\/wp-json\/wp\/v2\/tags?post=4693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}