Razorpay gets RBI's cross-border license to boost global payments from India

Razorpay Secures Payment Aggregator – Cross Border (PA-CB) License from RBI

Razorpay for Businesses, a leading payments and banking platform, has announced that it has secured the Payment Aggregator – Cross Border (PA-CB) license from the Reserve Bank of India (RBI). This authorisation places Razorpay among a select cohort of fintechs permitted to facilitate both inward and outward cross-border payments with complete regulatory oversight.

• This new license cements Razorpay's position as one of India's most trusted and regulation-forward infrastructures for global money movement.
• Razorpay's platform powers all kinds of businesses, from high-growth exporters and SaaS companies to freelancers, D2C brands, and global firms entering India's digital economy.

Razorpay's existing partnerships with leading global leaders such as Airbnb, Agoda, Klook, Shopify, and Hostinger will continue to benefit from the PA-CB license, which adds "regulatory depth" to Razorpay's stack.

Shashank Kumar's Statement

"A growing number of Indian businesses today are being built for global customers from day one, just as a rising wave of global companies are choosing India as one of their most important growth markets. What these businesses need are financial rails that make it just as easy to serve a customer in New York or Singapore as it is in Mumbai." - Shashank Kumar, MD and Co-founder, Razorpay

"With Razorpay International Payments, we're taking the complexity out of cross-border payments and creating one trusted solution for ambitious businesses on both sides. Further, receiving the PA-CB license reinforces our deep focus on compliance, our partnerships with banks and regulators, and our commitment to helping Indian businesses participate in the global economy with confidence." - Shashank Kumar

Razorpay International Payments

Razorpay International Payments is designed to reflect how money actually moves in a global, digital-first economy. The platform offers:

• Acceptance of payments in 130+ currencies through familiar methods like cards, wallets, and local bank transfers.
• Optimised flows delivering success rates of 95 per cent on international transactions.
• UPI, RuPay, EMIs, netbanking, and 100+ local methods through a single integration.
• INR-native pricing, OTP-led checkout, and India-based support.

Razorpay aims to be the default operating system for global money movement for Indian businesses, providing the financial rails that allow Indian innovation to reach customers in every part of the world.

About Razorpay

Established in 2014, Razorpay provides technology payment solutions to businesses. It was founded by alumni of IIT Roorkee, Shashank Kumar and Harshil Mathur.