ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/paypal” target=”_blank”>PayPal Payments (PayPal), the Indian subsidiary of PayPal Holdings, has received in-principle approval from the Reserve Bank of India ( ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/markets/rbi”>RBI) to operate as a ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/cross-border-payment-aggregator” target=”_blank”>cross-border payment aggregator (PA), the company said in a statement.

Another fintech company, ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/worldline” target=”_blank”>Worldline ePayments India, announced that the central bank has approved its licence to operate as a cross-border PA under the ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/payment-and-settlement-systems-act” target=”_blank”>Payment and Settlement Systems Act, 2007.

This authorisation enables the companies to facilitate cross-border ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/online-transactions” target=”_blank”>online transactions for the import and export of goods and…

ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/paypal” target=”_blank”>PayPal Payments (PayPal), the Indian subsidiary of PayPal Holdings, has received in-principle approval from the Reserve Bank of India ( ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/markets/rbi”>RBI) to operate as a ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/cross-border-payment-aggregator” target=”_blank”>cross-border payment aggregator (PA), the company said in a statement.

Another fintech company, ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/worldline” target=”_blank”>Worldline ePayments India, announced that the central bank has approved its licence to operate as a cross-border PA under the ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/payment-and-settlement-systems-act” target=”_blank”>Payment and Settlement Systems Act, 2007.

This authorisation enables the companies to facilitate cross-border ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/online-transactions” target=”_blank”>online transactions for the import and export of goods and…