Paysharp
Paysharp is an RBI-authorised Payment Aggregator (PA-O and PA-P licensed) headquartered in Chennai that provides an API-first payment-gateway platform for Indian B2B enterprises, NBFCs, e-commerce and government entities, differentiated by a flat ₹5-per-transaction pricing model.
- Company typePrivate
- Founded2021
- HeadquartersChennai, India
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Paysharp does
Paysharp Private Limited is an RBI-authorised Payment Aggregator (Certificate of Authorisation No. 289/2026) headquartered in Chennai, India, that provides a payment-gateway platform targeting Indian B2B enterprises, NBFCs, e-commerce merchants and government entities. Founded in February 2021, the company differentiates on a flat-fee pricing model (₹5 per successful transaction, with volume-based tiers of less than ₹1 for very high volumes) rather than the percentage-based model used by mainstream Indian gateways, which it claims saves merchants 80–95% on transaction costs relative to competitors. The company operates under dual RBI authorisations — PA-O (online, August 2024) and PA-P (physical/offline, January 2026) — and holds ISO 27001:2022 (October 2023) and SOC 2 Type 2 (February 2024) certifications.
The platform is built API-first on REST APIs with JSON payloads, Bearer-token authentication, sandbox and production environments, and webhook-driven real-time notifications. Core products include the UPI Payment Gateway (Intent URL, Dynamic QR, Collection Request, Order Status, VPA Validation), a Virtual Account Solution backed by Yes Bank, Link Payments and Payment Pages (no-code collection surfaces), UPI Refunds, an Automatic Reconciliation System and a Settlement API; products are documented at developer-API level with Postman collections downloadable from the merchant dashboard. Distribution runs through three channels — direct enterprise sales via the website (request-a-callback), API-driven self-serve for developers, and earned media across Business Standard, Moneycontrol, Inc42, The Hindu and PYMNTS — operating solely within the Indian market. The leadership team comprises founder and Chairman Krishna Kumar Mani, CEO Karthick R (appointed April 2026, former banker), CTO and co-founder Sathish S, and CISO and co-founder Kannadas Muthusamy; the company has raised ₹23.5 crore across two undisclosed rounds (April 2023 and August 2024) and announced plans for a further VC round in April 2026.
Revenue is generated primarily through per-transaction fixed fees with pay-as-you-go billing, plus a tiered refund fee (₹3–₹8 per refund depending on amount) and volume-tier discounts. Headcount is reported at 1–10 employees, consistent with a pre-scale stage, and revenue, transaction volume, paying customer counts and investor identities are not publicly disclosed. As of the most recent reporting, the company is operating, fully licensed and entering a scaling phase under recently-installed banking-industry leadership.
Paysharp firmographics
Firmographics- Name
- Paysharp
- Legal name
- Paysharp Private Limited
- Website
- https://paysharp.in
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Paysharp is an RBI-authorised Payment Aggregator (PA-O and PA-P licensed) headquartered in Chennai that provides an API-first payment-gateway platform for Indian B2B enterprises, NBFCs, e-commerce and government entities, differentiated by a flat ₹5-per-transaction pricing model.
- Ownership category
- akta.pro rank
Paysharp industry classification
Industry- Product category
- Payment Gateway & Aggregation
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- akta.pro primary industry
- Integrated Payment Processors (PSP/Acquirer) (FSAMABAA)
Keywords
Where Paysharp is headquartered
LocationHeadquarters
- HQ city
- Chennai
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Paysharp business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Infrastructure, Operations, Personnel, Marketing or Sales
Revenue model
- Transaction Fees: Paysharp charges a flat fixed fee per successful transaction. The primary revenue stream comes from transaction processing fees where merchants pay a fixed amount per transaction rather than a percentage of the transaction value. This model is particularly attractive for B2B businesses processing large transaction values.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Standard Flat Pricing: ₹5 per transaction |
| Unit Pricing | Pay-as-you-go | B2B UPI/NEFT/IMPS/RTGS: ₹5 per transaction |
| Unit Pricing | Pay-as-you-go | UPI Refund Pricing: ₹3-8 per refund |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Paysharp product offering
Product offeringCore offering
Paysharp is an RBI-authorized Payment Aggregator that provides a flat-fee payment gateway platform for businesses, processing UPI, NEFT, IMPS, and RTGS transactions. The company offers REST APIs, payment links, customizable payment pages, virtual accounts, automatic reconciliation, and refund processing, targeting B2B enterprises, NBFCs, e-commerce merchants, and government bodies with a fixed ₹5 per-transaction pricing model.
Product overview
Paysharp is an RBI-authorized Payment Aggregator (Certificate No. 289/2026) headquartered in Chennai, offering a unified payment platform with flat pricing as the primary differentiator. The platform consists of core products including the UPI Payment Gateway and Virtual Account Solution, supplemented by add-on modules for Link Payments, Payment Pages, UPI Refunds, Settlement API, Automatic Reconciliation System, and B2B Payment Gateway. The architecture is API-first with REST-based integration, supporting webhooks for real-time notifications and a merchant dashboard for transaction management.
Differentiator
Problem solved
Functional benefit
Products and services
- UPI Payment Gateway Core UPI payment gateway enabling merchants to collect payments via mobile intent, dynamic QR codes, and collection requests from any UPI app (Google Pay, PhonePe, BHIM).
- Virtual Account Solution Virtual Account Number (VAN) solution for collecting payments via NEFT, IMPS, and RTGS with automatic reconciliation and instant webhook notifications.
- Link Payments Payment link creation and sharing solution allowing merchants to create shareable payment links delivered via email, SMS, and WhatsApp for instant collection with zero integration.
- Payment Pages Customizable no-code payment page builder with form fields (textbox, dropdown, lookup) for collecting payments without any coding or integration.
- B2B Payment Gateway Specialized B2B payment gateway for high-value transactions with flat pricing model supporting NEFT, IMPS, RTGS, and UPI payment modes without upper limit on transaction amount.
Quantifiable outcome
- Merchants save 80-95% on transaction fees compared to other payment gateways
- +2 more outcomes
Companies that use Paysharp
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
Paysharp technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature9 records
Paysharp partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Yes BankcoreYes Bank provides the underlying banking infrastructure for Paysharp's virtual account solution. Virtual accounts are mapped to Yes Bank with IFSC code YESB0CMSNOC.
- NPCI (National Payments Corporation of India)coreNPCI provides the Unified Payments Interface (UPI) infrastructure that powers Paysharp's UPI payment solutions. Paysharp's UPI APIs enable payments through GPay, PhonePe, BHIM, and other UPI apps.
- Acquiring BankscoreRBI-authorized acquiring banks provide payment collection services in various modes and channels. Paysharp works with multiple acquiring banks for payment processing and settlement.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Paysharp competitors and assessment
Company assessmentDirect peers
- Cashfree Payments: Bangalore-headquartered payment gateway and payout specialist serving enterprises and developers. Closely mirrors Paysharp's API-first, automated reconciliation, and B2B payment positioning, with broader product scope (payouts, BNPL, lending).
- Easebuzz: Gujarat-headquartered RBI-authorized payment aggregator offering payment gateway, payouts, and collections for Indian SMBs and enterprises. Similar scope to Paysharp with overlapping API-first UPI and virtual account products.
- Airpay Payment Services: Mumbai-based digital payment service provider for SMB merchants covering payment gateway, POS, and omnichannel collections. Comparable as a flat-fee-adjacent aggregator with multi-mode Indian payment acceptance.
- Razorpay: India's largest full-stack payment aggregator offering payment gateway, payment links, payouts, and neobanking to B2B and B2C merchants. Directly competes with Paysharp across UPI, NEFT/IMPS/RTGS, payment links, and virtual accounts, with a much larger capital base and merchant footprint.
- PayU India: Prosus-backed payment aggregator in India offering gateway, checkout, recurring, and lending products for SMB and enterprise merchants. Direct overlap with Paysharp on B2B payment acceptance, UPI, and virtual accounts.
- BharatPe: Mumbai-based fintech offering QR-based UPI collections and merchant lending to SMBs. Comparable to Paysharp in B2B payment acceptance and merchant-facing products, with stronger offline retail penetration.
Broad incumbents
- PhonePe Business: Walmart-backed payments platform offering merchant acquiring, UPI collection, and POS commerce services. Overlaps with Paysharp on UPI payment collection, payment links, and merchant QR, at significantly greater scale.
- CCAvenue: One of the oldest Indian payment gateways supporting a wide range of payment instruments for SMB and enterprise. Comparable to Paysharp on payment aggregation, with a much broader legacy product set and ISV partner network.
Emerging players
- Zoho Payments: Zoho's India payment gateway integrated with its broader SMB SaaS suite. Competes with Paysharp's payment pages and B2B gateway positioning for SaaS-embedded merchants, but at earlier scale and stage.
- SabPaisa: RBI-authorized payment aggregator aggregator focused on digital collections for billing, education, and government. Adjacent overlap with Paysharp's government-fee and B2B virtual account use cases.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Paysharp social profiles
Digital presencePaysharp compliance and trust
Trust signalCompliance2 records
Paysharp financial estimates
Financial estimateRevenue estimate
Valuation estimate
Paysharp leadership team
Management profileNumber of profiles
Profiles4 records
Paysharp funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Paysharp M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Paysharp
What does Paysharp do?
Paysharp is an RBI-authorized Payment Aggregator that provides a flat-fee payment gateway platform for businesses, processing UPI, NEFT, IMPS, and RTGS transactions. The company offers REST APIs, payment links, customizable payment pages, virtual accounts, automatic reconciliation, and refund processing, targeting B2B enterprises, NBFCs, e-commerce merchants, and government bodies with a fixed ₹5 per-transaction pricing model.
Is Paysharp a public or private company?
Paysharp is a private company. It is classified as venture growth investor backed and is currently operating.
When was Paysharp founded?
Paysharp was founded in 2021. It employs 1 to 10 people.
Where is Paysharp based?
Paysharp is headquartered in Chennai, India, in the Asia region.
How does Paysharp make money?
One revenue line is on record: transaction Fees.
Who are Paysharp's main competitors?
Direct peers on record are Cashfree Payments, Easebuzz, Airpay Payment Services, Razorpay, PayU India and BharatPe. Broad incumbents are PhonePe Business and CCAvenue. Emerging players are Zoho Payments and SabPaisa.
Does Paysharp have an API?
Yes. Paysharp provides REST APIs with JSON-formatted requests and responses, using standard HTTP verbs, response codes, and Bearer token authentication. APIs are available in both sandbox (testing) and production (live) environments with separate base URLs and API tokens. The API suite includes UPI APIs (Intent URL, Dynamic QR Code, Collection Request, Order Status, VPA Validation), Link Payment APIs, UPI Refund APIs, Virtual Account APIs, and Settlement APIs. Webhooks are supported for real-time payment status notifications. Postman collections are available for download from the merchant dashboard. Developer documentation is at www.paysharp.in/developer/api/v1/upi/reference.
What industry is Paysharp in?
Paysharp's product category is Payment Gateway & Aggregation. Its primary akta.pro industry code is FSAMABAA, Integrated Payment Processors (PSP/Acquirer). Its NAICS code is 52232.