Getepay Secures Final RBI Approval to Operate as Online Payment Aggregator

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Introduction: A Landmark Moment in Indian Fintech

In a significant regulatory milestone, Jaipur-based fintech company Getepay has received final authorization from the Reserve Bank of India (RBI) to operate as an online Payment Aggregator (PA) under the RBI’s payment regulatory framework. This development positions Getepay as the first company from Rajasthan to obtain this prestigious license, reinforcing its role as a critical player in India’s digital commerce and financial inclusion narrative.

Merchant-Centric Model from Inception

Since its establishment in 2016 by fintech entrepreneur Pravin Sharma, Getepay has been focused on providing integrated payment and commerce solutions to small and medium-sized enterprises (SMEs) and micro-merchants across India. The platform currently serves over 1.5 million merchants, including:

• Kirana shops

• Micro-retailers

• E-commerce stores

• Educational institutions

• Service providers

• Small-scale manufacturers

Its mission has consistently revolved around bridging the digital divide, enabling merchants in Bharat (Tier 2, Tier 3 cities, and rural areas) to adopt secure, scalable, and simplified digital tools.

Scaling Across Bharat with RBI’s Final Approval

With the final Payment Aggregator license secured, Getepay is now poised to expand its operations nationwide. The company aims to onboard millions of MSMEs and offer them a unified platform for digital payments and commerce. CEO Pravin Sharma stated:

“This is more than just a regulatory milestone; it’s a validation of our commitment to building a truly inclusive digital economy.”

He emphasized Getepay's vision to empower merchants from the remotest parts of India, providing them with tools for payment acceptance, business management, and digital commerce.

Strategic Objectives and Future Roadmap

1. Merchant Empowerment Beyond Payments

Getepay plans to go beyond digital transactions by offering:

• Digital store setup tools

• Inventory management systems

• GST-compliant billing solutions

• Business management dashboards

This positions Getepay as a comprehensive business platform, not just a payment gateway.

2. Economic Formalization and MSME Support

The platform has set an ambitious goal to formalize over 10 million MSMEs in the coming years. This move is expected to:

• Increase the GDP contribution from India’s unorganized sector

• Unlock regional economic opportunities

• Create stronger compliance and credit frameworks for small businesses

3. Employment Generation Across India

Getepay anticipates the creation of thousands of direct and indirect jobs through its:

• Merchant onboarding teams

• Support functions

• Partner and agent network

• Field operations in Tier 2 and 3 cities

4. Promoting Digital Inclusion and Financial Dignity

The company is committed to supporting:

• Women-led businesses

• Micro-merchants

• Rural entrepreneurs

By enabling them with digital financial tools, Getepay seeks to foster financial equality and economic empowerment.

5. Tech Built for Bharat

Getepay’s platform is designed to be:

• Mobile-first

• Language-agnostic

• Lightweight and bandwidth-optimized

This ensures seamless functionality in low-connectivity regions, increasing accessibility for users in remote and underserved areas.

Endorsement from the Investor Community

Mahavir Pratap Sharma, an angel investor, highlighted Getepay’s ground-level impact and structural approach to solving real economic issues. He stated:

“Getepay isn’t just another fintech. The RBI license reinforces their credibility, and I believe they are poised to reshape how small merchants participate in India’s digital economy.”

About Getepay

Founded in 2016 and headquartered in Jaipur, Rajasthan, Getepay is a digital payments and commerce enablement platform serving the evolving needs of SMEs and professionals across India. As an RBI-authorized Payment Aggregator, it provides merchants with a unified digital infrastructure that includes:

• Digital payment acceptance

• Custom storefronts

• CRM tools

• Real-time transaction monitoring

• Business digitization workflows

With a clear mission to promote financial inclusion, digital commerce, and credit formalization, Getepay continues to strengthen its role in India’s fintech revolution.

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