Key Points
Razorpay, Cashfree, PayGlocal, and new entrants rush for RBI's PA-CB licence to tap into lucrative B2B cross-border payments market..
Domestic payment aggregator majors such as Razorpay and Cashfree, as well as newer fintech firms like PayGlocal and Skydo, are rushing to procure a licence for offering international payment services, multiple people aware of the matter told ET...
There is thus a huge opportunity in big-ticket cross-border merchant payments, though the volume of international consumer payments too is growing at a steady trot...
Razorpay is building a solution for cross-border business payments, a senior industry executive said.. Discover the stories of your interest..
Since 2021, when PayPal shut down its India payments business, it has focused on cross-border transactions for Indian merchants goods and services exports...
