Razorpay has received the Payment Aggregator Cross Border (PA–CB) license from the Reserve Bank of India, placing the Bengaluru-based FinTech among a small group of entities authorised to facilitate both inward and outward cross-border payments under full regulatory supervision.
The approval strengthens the company’s position in serving Indian exporters, SaaS firms, freelancers, D2C brands and global enterprises operating in the country. Its international payments infrastructure is already used by companies including Airbnb, Agoda, Klook, Shopify and Hostinger.
The company said the licence reinforces its regulatory alignment and focus on compliance as Indian businesses increasingly cater to global markets and overseas companies expand into India.
Shashank Kumar, Managing Director and Co-Founder, Razorpay, noted that businesses now require financial rails that make serving customers abroad as seamless as domestic transactions. He said Razorpay International Payments aims to simplify cross-border money movement through a unified and trusted solution.
Razorpay’s platform enables Indian exporters to accept payments in more than 130 currencies via cards, wallets and local bank transfers, with optimised flows that the company says deliver high transaction-success rates.
For foreign companies entering India, the firm offers a single integration for UPI, RuPay, EMIs, netbanking and over 100 local payment methods, allowing them to operate without establishing a local entity.
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