EximPe Gets RBI Approval for Cross-Border Payment Aggregator License:
EximPe has received in-principle approval from the Reserve Bank of India (RBI) to operate as a Payment Aggregator – Cross Border (PA-CB). This move is expected to bolster cross-border digital transactions and e-commerce trade, particularly in the India-Asia corridor. As cross-border payments become more integral to global trade and digital services, such regulatory approvals mark a shift toward enhanced infrastructure and compliance in the digital economy.The PA-CB framework by RBI governs the operation of payment aggregators facilitating cross-border transactions, ensuring secure and regulated movement of funds across international borders. Companies applying for this licence must meet stringent norms around compliance, data security, transaction monitoring, and capital requirements
