Segment 1: Have received Certificate of Authorization (Fully licensed) and can onboard merchants
| Sno | Online PA - License Granted | Sector (Core operations) | Website | Overall Sector | Date Granted |
|---|---|---|---|---|---|
| 1 | Cashfree | PA | https://www.cashfree.com/ | PA | 19.12.2023 |
| 2 | Decentro | Open APIs - Banking | https://decentro.tech/ | Payments | 06.02.2024 |
| 3 | Digio | Identity Verification | https://www.digio.in/#/index | Non Fintech | 01.01.2024 |
| 4 | Gpay | TPAP | https://pay.google.com/about/ | Payments | 19.12.2023 |
| 5 | Arthpay | IT Infra & Services | https://arthpay.com/ | Non Fintech | 29.01.2024 |
| 6 | Juspay | Payments Infra | https://juspay.in/ | Payments | 06.02.2024 |
| 7 | Olympus (by Enkash) | Spend Management | https://www.enkash.com/ | Non Payments Fintech | 19.12.2023 |
| 8 | Open | Neobank | https://open.money/ | Non Payments Fintech | 19.12.2023 |
| 9 | Paymentz | PA | https://paymentz.com/ | PA | 19.12.2023 |
| 10 | Reward360 | Loyalty & Rewards | https://www.reward360.co/ | Non Fintech | 19.12.2023 |
| 11 | Razorpay | PA | https://razorpay.com/ | PA | 19.12.2023 |
| 12 | Stripe | PA | https://stripe.com/in | PA | 15.01.2024 |
| 13 | Tatapay | PA | https://www.tata.com/business/tata-digital | PA | 01.01.2024 |
| 14 | Zoho | SaaS | https://www.zoho.com/ | Non Fintech | 02.02.2024 |
| 15 | Zomato | Marketplace | https://www.zomato.com/ | Non Fintech | 24.01.2024 |
Segment 2: Entities who have in principle authorized & can operate as a PA
| Name of the entity | Website Present | Payments Fintech / Non-payments Fintech / Non-Fintech | |
|---|---|---|---|
| 1 | 1Pay | https://www.1pay.in/pay-on-the-move.php#toll | PA |
| 2 | Adyen | https://www.adyen.com/ | PA |
| 3 | Airpay | https://airpay.co.in/ | Payments |
| 4 | Amazon (Pay) | https://www.amazonpay.in/ | Non Fintech |
| 5 | Bhartipay | No Website Found | PA |
| 6 | CAMS | https://www.camsonline.com/ | Non Payments Fintech |
| 7 | Easebuzz | https://easebuzz.in/ | PA |
| 8 | Finlogic Technologies India Private Limited | https://www.njtechnologies.in/ | Non Fintech |
| 9 | Futuretek Commerce Private Limited | http://futuretek.in/ | Non Fintech |
| 10 | Udaan | https://udaan.com/ | Non Fintech |
| 11 | Billdesk | https://www.billdesk.com/web/ | PA |
| 12 | CC Avenue | https://www.ccavenue.com/ | PA |
| 13 | Innoviti | https://innoviti.com/ | Payments |
| 14 | In-Solutions Global Limited | https://insolutionsglobal.com/ | PA |
| 15 | Lyra | https://www.lyra.com/in/ | PA |
| 16 | MPurse | http://www.mpurse.co.in/ | PA |
| 17 | FtCash | https://www.ftcash.com/ | Payments |
| 18 | NSDL Database Management Limited | https://ndml.in/ | Non Payments Fintech |
| 19 | NTT DATA Payment Services India Limited | https://www.nttdatapay.com/ | PA |
| 20 | Paymate | https://paymate.in/ | Non Payments Fintech |
| 21 | Paysharp | https://www.paysharp.in/ | Non Payments Fintech |
| 22 | PayPhi | https://payphi.com/ | PA |
| 23 | PhonePe | https://www.phonepe.com/ | Payments |
| 24 | Pine Labs | https://www.pinelabs.com/ | Payments |
| 25 | Jio Payments | https://www.jio.com/en-in/reliance-payment-solutions-ltd | PA |
| 26 | Sabpaisa | https://sabpaisa.in/ | PA |
| 27 | Tyche | https://www.tychepayment.com/ | PA |
| 28 | Unimoni (cannot onboard) | https://www.unimoni.in/ | PA |
| 29 | Vayana | https://vayana.com/ | Non Payments Fintech |
| 30 | Worldline | https://in.worldline.com/ | PA |
| 31 | Xsilica | https://xsilica.com/ | Non Fintech |
| 32 | Mobikwik | https://www.mobikwik.com/ | PA |
| 33 | CRED* | https://cred.club/ | Payments |
| 34 | Freecharge (cannot onboard)* | https://www.freecharge.in/mobile-recharge | Payments |
| 35 | Global Payments (cannot onboard)* | https://www.globalpayments.com/en-ap | PA |
| 36 | LivQuik (cannot onboard)* | https://livquik.com/ | Payments |
| 37 | PayU (cannot onboard)* | https://payu.in/ | PA |
| 38 | Fingpay (cannot onboard)* | https://www.fingpay.co.in/ | Payments |
| Cannot onboard (highlighed yellow) | |||
| Application under process, the ones without the () have in principle authorization granted |
Segment 3: Entities who have in principle authorization for a PA but cannot operate
| Sr No. | Name of the entity | Website Present | Sector | Overall Sector |
|---|---|---|---|---|
| 1 | Aurionpro Payment Solutions Private Limited | https://www.aurionpro.com/ | Digital Banking Solutions | Payments |
| 2 | Boku Network Services IN Private Limited | https://www.boku.com/ | Mobile Payments | Payments |
| 3 | Concerto Software & Systems Private Limited | https://www.concertosoft.com/ | IT Infra & Services | Non Fintech |
| 4 | Finacus Solutions Private Limited | https://www.finacus.co.in/ | Digital Banking Solutions | Payments |
| 5 | Groww Pay Services Private Limited | https://groww.in/bill-payments | Online Broker | Non Payments Fintech |
| 6 | Hitachi Payment Services Private Limited | https://www.hitachi-payments.com/ | Payment Solutions | Payments |
| 7 | Instanow Info Systems Private Limited | https://instapaymax.com/ | PA | PA |
| 8 | Khatabook Technologies Private Limited | https://khatabook.com/ | Accounting | Non Payments Fintech |
| 9 | MMAD Communications Private Limited | https://mmadapps.com/ | IT Infra & Services | Non Fintech |
| 10 | Mswipe Technologies Private Limited | https://www.mswipe.com/ | POS Devices (Offline) | Payments |
| 11 | Nium India Private Limited | https://www.nium.com/ | Cross Border | PA |
| 12 | Payglocal Technologies Private Limited | https://payglocal.in/ | Cross Border | PA |
| 13 | Resilient Payments Private Limited (BharatPe) | https://bharatpe.com/ | Payments (Offline QR) | Payments |
| 14 | SBI Payment Services Private Limited | https://www.sbipayments.com/ | PA | PA |
| 15 | Sodexo SVC India Private Limited | https://in.sodexo.com/home.html | Prepaid Cards | Payments |
| 16 | Toucan Payments (India) Private Limited | https://toucanus.com/ | Payment Solutions | Payments |
| 17 | Transaction Analysts (India) Private Limited | https://transactionanalysts.com/ | Expense Management | Non Payments Fintech |
| 18 | Unlimint In Private Limited | https://www.unlimint.in/ | Cross Border | PA |
| 19 | BNY Finserv Private Limited | No Website | NA | NA |
| 20 | CGB Fintek Private Limited | No Website | NA | NA |
| 21 | Digidios Payments Services Private Limited | No Website | PA | PA |
| 22 | First Data (India) Private Limited | No Website | PA | PA |
| 23 | GoKwik Commerce Solutions Private Limited | https://www.gokwik.co/ | Checkout Experience | Payments |
| 24 | Integra Micro Systems Private Limited | https://www.integramicro.com/ | SaaS | Non Fintech |
| 25 | Mewt Account Private Limited | https://mewt.in/ | Credit Card App | Payments |
| 26 | Minions Ventures Private Limited (KredX) | https://www.kredx.com/ | Supply Chain | Non Payments Fintech |
| 27 | Paygoal Business Solutions Private Limited | https://paygoal.in/ | PA | PA |
| 28 | Smart Payment Solutions Private Limited | https://www.payworldmoney.com/SiteStatic/home | Prepaid Cards | Payments |
Segment 4: List of PAs whose applications were returned / withdrawn / refused- Cannot operate
| Existing PAs were advised to stop online payment aggregation activity and close nodal / escrow account(s) within a period of 180 days from the date of return of application. | ||||||
|---|---|---|---|---|---|---|
| Sr No. | Name of the entity | Website | Whether Existing PA / New PA | Sector | Overall Sector | Remarks |
| 1 | Aggrepay Payments Solutions Private Limited | https://www.aggrepay.in/ | Existing PA | PA PG | PA / PG | Application returned on 08.02.2023 |
| 2 | Akonto Payment Solutions Private Limited | https://www.akontopay.com/ | Existing PA | Neobank | Non Payments Fintech | Application returned on 19.01.2023 |
| 3 | Appnit Technologies Private Limited | https://www.appnittech.com/ | Existing PA | SaaS | Non Fintech | Application returned on 24.03.2023 |
| 4 | BrokenTusk Technologies Private LimitedΩ (Setu) | https://setu.co/ | Existing PA | Payments infra | Payments | Application returned on 07.10.2022 |
| 5 | Dinero Payment Services Private Limited | https://www.cashlesso.com/ | Existing PA | PA PG | PA / PG | Application refused on April 18, 2023 |
| 6 | Ezetap Mobile Solutions Private LimitedΩ | https://razorpay.com/pos/ | Existing PA | Offline POS | Payments | Application returned on 10.10.2022 |
| 7 | Flexmoney Technologies Private Limited | https://www.flexmoney.in/ | Existing PA | BNPL | Non Payments Fintech | Application returned on 17.10.2022 |
| 8 | fonePaisa Payment Solutions Private Limited | No Website Found | Existing PA | Payment Collection | Payments | Application returned on 10.10.2022 |
| 9 | FSS Grameenpay Private Limited | https://www.fsstech.com/news-room/press-release/fss-assisted-model-through-smart-cash-to-reach-1000-villages-by-march | Existing PA | Rural Banking App | Non Payments Fintech | Application returned on 02.02.2022 |
| 10 | Golden Legand Leasing and Finance Limited | https://gllfl.com/ | Existing PA | BNPL | Non Payments Fintech | Application returned on 20.01.2023 |
| 11 | INSOnline India Private Limited | No Website Found | Existing PA | IT | Non Fintech | Application returned on 28.02.2023 |
| 12 | Instamojo Technologies Private Limited | https://www.instamojo.com/payment-gateway/ | Existing PA | PA PG | PA / PG | Application returned on 27.09.2023 |
| 13 | Kopayments Private Limited | https://www.kopayments.com/ | Existing PA | PA PG | PA / PG | Application returned on 29.12.2022 |
| 14 | Letzpay Solution Private Limited | https://www.letzpay.com/ | Existing PA | PA / PG | PA / PG | Application returned on 08.05.2023 |
| 15 | Marg Fintech Private LimitedΩ | https://margpay.com/about-us.html | Existing PA | PA / PG | PA / PG | Application returned on 29.03.2023 |
| 16 | Paygate India Private Limited (SafexPay) | https://safexpay.com/ | Existing PA | PA / PG | PA / PG | Application refused on April 18, 2023 |
| 17 | Paykun Payment Solutions Private Limited | https://paykun.com/ | Existing PA | PA / PG | PA / PG | Application returned on 02.02.2022 |
| 18 | Payswiff Solutions Private Limited | https://payswiff.com/ | Existing PA | Payment Acceptance | Payments | Application returned on 19.10.2022 |
| 19 | Senrysa Technologies Private Limited | https://senrysa.com/ | Existing PA | IT Services / Banking | Non Payments Fintech | Application returned on 28.02.2023 |
| 20 | Synergistic Financial Networks Private Limited (Mosambee) | https://home.mosambee.in/ | Existing PA | Payment Acceptance | Payments | Application returned on 07.10.2022 |
| 21 | Vmobo Mobile Private Limited | No Website Found | Existing PA | NA | Application returned on 08.12.2021 | |
| 22 | Volks Electronics Private Limited | https://www.volkselectronics.com/#about | Existing PA | IT Solutions for web designing | Non Fintech | Application returned on 03.12.2021 |
| 23 | Wunderbaked Technologies Private Limited | http://wbtechnology.in/ | Existing PA | Offline customer acquisition & retention | Non Fintech | Application returned on 20.01.2023 |
| 24 | Zenex E-Commerce Private Limited | No Website Found | Existing PA | Mulit Card POS | Payments | Application returned on 03.12.2021 |
| 25 | Aceware Fintech Services Private Limited | https://acewaretechnology.com/ | New PA | Payment Solutions | Payments | Application returned on 29.11.2022 |
| 26 | AGDP Fintech Private Limited | https://agdpfintech.com/ | New PA | LMS, ERP | Non Fintech | Application returned on 15.12.2021 |
| 27 | Apexpay Technologies Private Limited | https://apexpay.in/ | New PA | PA PG | PA / PG | Application returned on 07.10.2022 |
| 28 | Asian Checkout Private Limited | https://www.asiancheckout.com | New PA | PA PG | PA / PG | Application returned on 20.10.2022 |
| 29 | BeBuoy Infoservices Private Limited | https://bebuoy.com/ | New PA | Refunds / GC / Vouchers | Non Payments Fintech | Application returned on 27.11.2020 |
| 30 | Bongdeal India Private Limited | No Website Found | New PA | NA | NA | Application returned on 10.11.2022 |
| 31 | CAMS Payment Services Private Limited | https://camspay.com/ | New PA | PA / PG | PA / PG | Application returned on 25.10.2021 |
| 32 | Cash Friend Fintech Private Limited | https://payfi.co.in/ | New PA | PA / PG | PA / PG | Application returned on 18.10.2023 |
| 33 | Commonwealth Inclusive Growth Services Limited | https://www.cigs.in/ | New PA | Banking | Non Payments Fintech | Application returned on 07.10.2022 |
| 34 | Ditya Finance Private Limited | No Website Found | New PA | NA | NA | Application returned on 10.12.2021 |
| 35 | E-Meditek Global Private Limited | http://www.emeditek.co.in/ | New PA | Insurance | Non Fintech | Application returned on 30.09.2022 |
| 36 | FintechDaddy Solutions Private Limited | https://fintechdaddy.com/ | New PA | PA / PG | PA / PG | Application returned on 18.10.2023 |
| 37 | ePaisa Services Private Limited | https://www.epaisa.com/ | New PA | POS | Payments | Application returned on 27.07.2020 |
| 38 | Eutro Agro Products Private Limited | No Website Found | New PA | Transport | Non Fintech | Application returned on 10.11.2022 |
| 39 | Gonexa Instant Payment Private Limited | No Website Found | New PA | IT / Software / Services | Non Fintech | Application returned on 21.11.2023 |
| 40 | Hindon Mercantile Limited | http://hindonmercantile.com/ | New PA | NBFC | Non Fintech | Application returned on 10.01.2023 |
| 41 | InCashMe Mobile Wallet Service Private Limited | No Website Found | New PA | NA | NA | Application returned on 30.05.2022 |
| 42 | Indian Railway Catering and Tourism Corporation Limited | https://www.irctc.co.in/ | New PA | TRavel | Non Fintech | Application returned on 26.02.2021 |
| 43 | Ippopay Technologies Private Limited | https://www.ippopay.com/ | New PA | PA / PG | PA / PG | Application returned on 13.02.2023 |
| 44 | Iserveu Technology Private Limited | https://iserveu.in/ | New PA | Card issuance / banking solutions | Payments | Application returned on 23.09.2021 |
| 45 | Kashind Financiers Limited | No Website Found | New PA | Lending | Non Payments Fintech | Application returned on 10.12.2021 |
| 46 | Kedarpay Solutions Private Limited | https://www.kedarpay.com/ | New PA | PA / PG | PA / PG | Application returned on 12.01.2023 |
| 47 | KGC Infotech Private Limited | http://www.kgcinfo.com | New PA | Cloud Software / SaaS | Non FIntech | Application returned on 21.11.2023 |
| 48 | MySwadeshi Product Private Limited | No Website Found | New PA | NA | NA | Application returned on 11.12.2023 |