Geographic Deep Dives25 min read
How Foreign Platforms Should Scope RBI Payment Aggregator Licensing in India
For many foreign platforms, the first India decision is scope, not speed. You need to identify the correct RBI Payment Aggregator - Cross Border, or PA-CB, route before launch work spreads. RBI introduced this category on 31 October 2023. The PA Directions took effect on 15 September 2025.
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