Razorpay, one of India’s leading fintech innovators, has reached a major milestone in its global expansion journey by securing the Payment Aggregator–Cross Border (PA-CB) licence from the Reserve Bank of India (RBI). This regulatory approval marks a significant breakthrough for the company as it accelerates its mission to build a world-class payments infrastructure originating from Asia.
The newly granted PA-CB licence empowers Razorpay to facilitate both inward and outward cross-border payments, enabling seamless global transactions for Indian businesses of all sizes. This development is particularly crucial at a time when digital-first enterprises, e-commerce brands, SaaS companies, and exporters are increasingly relying on international customers and markets. By enabling smoother and more compliant cross-border transactions, Razorpay is positioning itself as a preferred partner for businesses aiming to expand globally.
In an enthusiastic announcement on social media, Shashank Kumar, cofounder and Managing Director of Razorpay, emphasized the strategic importance of this regulatory nod. He noted that the licence brings Razorpay one step closer to realizing its vision of developing a robust global payments network rooted in Asia. Kumar highlighted that the organization has long focused on simplifying payments for Indian businesses, and the PA-CB licence now opens the doors to deeper international integration and broader financial accessibility.
Razorpay’s cross-border division, Razorpay International Payments, has been specifically designed to help Indian businesses effortlessly accept and receive payments from customers around the world. With this licence, the platform is now better equipped to offer secure, compliant, and efficient transaction flows that meet global standards. This includes enabling businesses to accept payments in multiple international currencies, offering flexible settlement options, and ensuring greater transparency in cross-border money movement.
The Bengaluru-based fintech giant has been steadily expanding its international presence, investing heavily in technology, compliance, and infrastructure to support global trade. The PA-CB licence further strengthens its ability to empower Indian exporters, freelancers, SaaS startups, and D2C brands who depend on smooth cross-border payment processing to fuel growth. With increasing globalization and growing consumer demand across borders, reliable payment solutions have become a necessity rather than a luxury.
Razorpay’s achievement is also significant for India’s broader fintech ecosystem. As global digital commerce expands, the ability of Indian fintech companies to comply with international standards and offer world-class solutions determines the nation’s competitiveness on the global stage. Razorpay’s approval showcases the confidence of regulators in India’s fintech capabilities and signals promising momentum for the sector.
With the PA-CB licence now in hand, Razorpay is poised to transform the way Indian businesses participate in the global economy—bringing them closer to international customers, opportunities, and markets in a secure, compliant, and frictionless manner.
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