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PayPal receives RBI nod for cross-border payments in India

PayPal Payments Pvt Ltd (PayPal), the Indian subsidiary of PayPal Holdings Inc, has received in-principle approval from the Reserve Bank of India (RBI) to operate as a Payment Aggregator-Cross Border-Exports (PA-CB-E). This marks a key milestone in PayPal’s operations in...

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New Delhi, Updated At : 04:39 AM May 29, 2025 IST

PayPal Payments Pvt Ltd (PayPal), the Indian subsidiary of PayPal Holdings Inc, has received in-principle approval from the Reserve Bank of India (RBI) to operate as a Payment Aggregator-Cross Border-Exports (PA-CB-E).

This marks a key milestone in PayPal’s operations in India and its continued support for Indian small businesses, enabling secure cross-border payments to approximately 200 markets, the company said in a statement.

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PayPal receives RBI nod for cross-border payments in India

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