In a bit of good news, Getepay—a digital payments and merchant enablement platform—received the green light from the Reserve Bank of India (RBI) to operate as a Payment Aggregator (PA) under the RBI’s payment regulatory framework. Already loaded with around 1.5 million merchants across the sectors, Getepay aims to scale its operations pan-India, deepen its merchant offerings, and onboard millions of small businesses, especially from Tier 2, Tier 3, and rural India, under one platform.

The company works across sectors, including Kirana stores, micro-retailers, e-commerce stores, educational institutions, service providers, and small-scale manufacturers. The company intends to bring to life integrated payment solutions to different categories of merchants, especially SMEs. 

Simple and Scalable Digital Tools 

Pravin Sharma, founder & CEO of Getepay, said in a statement, “We started Getepay with the belief that every small merchant in India, whether in a remote village or a bustling city, deserves access to simple, secure, and scalable digital tools. With this RBI license, we are now ready to deepen that impact, scale across Bharat, and empower MSMEs with not just payments but complete commerce enablement. This is about building a digital foundation for India’s next wave of economic growth.”

To read about Fisdom's acquisition by Groww and its subsequent impact on the fintech space in India, click here! 

A Testament of Credibility

Mahavir Pratap Sharma, angel investor, said in a statement, “Getepay isn’t just another fintech; it’s a company that’s grounded in Bharat and solving real, structural problems. The RBI license reinforces their credibility, and I believe Getepay is poised to become a key force in reshaping how small merchants participate in India’s digital economy.” 

To read about Mobikwik's latest performance figures and how it managed to hit a loss, click here!

Getepay is committed to empowering grassroots entrepreneurs by expanding its range of solutions beyond payments. The platform will offer digital store creation, inventory management, GST billing, and more. Its goal is to help formalize over 10 million MSMEs in the coming years.