Infibeam Avenues' Subsidiary Secures In-Principle Approval for Payment Services in GIFT-IFSC

Infibeam Avenues Limited has announced a significant development for its wholly owned subsidiary, IA Fintech IFSC Private Limited. The International Financial Services Centres Authority (IFSCA) has granted in-principle approval for IA Fintech to operate as a Payment Service Provider (PSP) in GIFT-IFSC, marking a notable expansion in the company's financial services offerings.

Approved Payment Services

The IFSCA's approval, conveyed through a letter dated October 27, 2025, allows IA Fintech to provide three key payment services:

Escrow Service
Cross Border Money Transfer Service
Merchant Acquisition Service

This development positions IA Fintech to play a more significant role in facilitating financial transactions within the GIFT-IFSC ecosystem.

Regulatory Compliance and Disclosure

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Infibeam Avenues has provided detailed information about this approval. The company's disclosure aligns with the SEBI Master Circular no. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Impact and Potential Opportunities

The in-principle approval is expected to have a positive impact on Infibeam Avenues Limited. It allows its subsidiary, IA Fintech, to expand its service offerings in the GIFT-IFSC, potentially opening up new revenue streams and business opportunities in the international financial services sector.

Next Steps

While the in-principle approval is a significant step, it's important to note that this is an initial stage. The company may need to fulfill additional requirements and obtain final approvals before fully operationalizing these services. Investors and stakeholders should monitor future announcements for updates on the implementation of these new service offerings.

As the fintech landscape continues to evolve, Infibeam Avenues' move into specialized payment services in GIFT-IFSC could position the company to address the growing demand for cross-border financial services and digital payment solutions.

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Infibeam Avenues , a leading fintech company, has made a significant leap in the world of digital payments with the launch of PayCentral.AI, positioning it as India's first AI-powered payment platform designed specifically for merchants. This innovative platform incorporates Google's AP2 (Agent Payment Protocol) standards, ensuring safe and verifiable transactions in the evolving landscape of digital commerce.

Revolutionary Features of PayCentral.AI

PayCentral.AI, developed by Phronetic AI (an AI tech company backed by Infibeam Avenues), introduces several groundbreaking features:

AI-Driven Transactions: The platform allows AI agents to conduct transactions on behalf of merchants and enterprises, marking a shift towards Agent-to-Agent (A2A) payments.
Seamless Integration: PayCentral.AI integrates with existing payment gateway providers and platforms, enhancing the capabilities of merchant networks.
Autonomous Merchant Services: AI agents can dynamically create payment links, handle refunds, manage subscriptions, and reconcile accounts without human intervention.
Enhanced Security: By adhering to Google's AP2 standards, the platform ensures a secure and auditable ecosystem for AI-native commerce.

Implications for the Payment Industry

The introduction of PayCentral.AI signifies a major step forward in the evolution of digital payments. Here's how it stands to impact the industry:

Feature	Impact
Universal Interoperability	Enables seamless transactions across platforms and services
Aggregator-First Architecture	Integrated with multiple RBI-approved MCP-enabled Payment Aggregators
Secure & Auditable Transactions	Every transaction is traceable through Phronetic's Agent Operating System
Sovereign Deployment	Ensures compliance by keeping sensitive data within geographical borders
Scalability	Unlocks potential for micropayments, recurring billing, and AI-driven commerce at a national scale

Future Outlook

The launch of PayCentral.AI positions Infibeam Avenues at the forefront of AI-driven financial technology. As the company continues to expand its digital payment solutions and AI capabilities, it's poised to play a significant role in shaping the future of digital commerce in India and beyond.

Infibeam Avenues' commitment to innovation is evident in its robust financial performance, having processed transactions worth INR 8.67 trillion (US$ 106.00 billion). With over 10 million clients across its digital payments and enterprise software platforms, the company is well-positioned to leverage its new AI-powered payment solution to further enhance its market presence and technological edge in the fintech sector.

As the digital payment landscape continues to evolve, PayCentral.AI represents a significant milestone in the integration of AI technology with financial services, potentially revolutionizing how businesses and consumers interact in the digital marketplace.