Paysharp is an existing PA, which received RBI final authorisation on 30th August 2024 Friday followed by the in-principal PA license on December 2022. Paysharp is a five years old startup, raised two rounds of funding sum of 23 crores, last funding round was on March 2023 with the valuation of Rs 200 crore.
With RBI’s final PA authorisation, Paysharp is part of Indi’s Payment System, it helps Paysharp to extend to more merchants. Paysharp is one of authorised Payment Aggregator from Tamil Nadu. As on date RBI has authorised 36 payment aggregators including Razorpay, Cashfree and Stripe.
Krishna Mani, Founder and CEO Paysharp “It is great pride to be a part of the India’s Payment system, we understand the value and responsibility of the authorization, we will continue provide simple and safe payments to business at flat price alternative to percentage based pricing”.
Paysharp also recently launched two products Link Payment and Payment Pages powered by UPI. Using link payment product merchant can create and send payment links to customers via WhatsApp, SMS and e-mail and collect payments instantly at flat price alternative to percentage pricing. Payment pages product help merchants to create custom payment pages with fields and forms to accept payments from customers with fields.
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