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Payoneer Moves Closer to Full Licensing in India With In-Principle Approval
Summary by Fintech Singapore
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1 Articles
Payoneer Moves Closer to Full Licensing in India With In-Principle Approval
Payoneer has received in-principle approval from the Reserve Bank of India to operate as a cross-border payment aggregator. The authorisation enables Payoneer to expand its operations in India and offer end-to-end cross-border payment services to Indian importers and exporters. The company said SMEs will be able to access a wider range of its products, including accounts payable services, alongside simpler onboarding and customer verification pr…
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