EximPe Secures RBI Approval for Cross-Border Payment Aggregator License

Cross-border payments firm EximPe has obtained regulatory clearance that allows it to directly operate under India’s cross-border payment aggregation framework, as per news reports. 

Authorisation Under PA-CB Framework 

EximPe has received final Payment Aggregator – Cross Border authorisation from the Reserve Bank of India.  

The approval permits the company to facilitate collections for global merchants from Indian customers using UPI and other domestic payment methods, with settlement routed to offshore accounts. 

The licence enables EximPe to function directly as a cross-border payment aggregator under the PA-CB framework. 

Transition From Technology Provider to Licensed Aggregator 

Before receiving the authorisation, EximPe operated as a technology service provider to banking partners and facilitated over $500 million in cross-border trade payments across key Asia corridors. With the new approval, the company can now independently offer aggregation services covering UPI, cards, wallets and local bank transfers. 

EximPe is among a limited number of PA-CB licence holders to secure approval without previously holding a domestic payment aggregator licence or running an online payment gateway. 

About EximPe 

Founded by Arjun Zacharia, EximPe is headquartered in Singapore and maintains offices in Bengaluru and Mumbai. In 2022, the company raised $5 million in seed funding from Leo Capital along with other venture funds and angel investors. 

Read More: UPI January 2026 Data: PhonePe Maintained Dominance with 9.91 Billion Transactions! 

Conclusion 

With RBI’s PA-CB authorisation in place, EximPe can directly enable cross-border collections for global merchants using India’s widely adopted digital payment methods. 

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