Yes, paisa is in the scrabble dictionary

...and is worth 8 points by itself.

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Paisa Definition

noun

See Table at currency.
from The American Heritage Dictionary of the English Language, 4th Edition

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Top Words by points

Points

paisa

7

2 letter words with PAISA

Points

ai

2

as

2

aa

2

is

2

pa

4

pi

4

si

2

3 letter words with PAISA

Points

spa

5

sip

5

sap

5

psi

5

pis

5

pia

5

pas

5

asp

5

ais

3

aas

3

4 letter words with PAISA

Points

pias

6

5 letter words with PAISA

Points

paisa

7

Found 19 words in 0.12799 seconds