PayPal Boosts Indian Exports with New RBI Approval

PayPal Payments Private Limited, the Indian arm of global payments giant PayPal, has received an important approval from the Reserve Bank of India (RBI). This "in-principle" approval allows PayPal to operate as a Payment Aggregator for Cross Border Exports (PA-CB-E). This is a big step for PayPal in India and good news for Indian businesses looking to sell their products and services worldwide.

What Does This Approval Mean?

Previously, companies like PayPal operated under different guidelines for cross-border payments. The RBI introduced the PA-CB framework to bring all entities facilitating cross-border payments for import and export under direct regulation. This ensures greater transparency, security, and a standardised approach to these transactions.

With this PA-CB-E approval, PayPal can now officially continue to help Indian businesses send money from about 200 international markets back to India. This means simpler and more secure international payments, especially for India's growing export sector, which saw exports hit $73.8 billion in April 2025.

Empowering Indian Businesses Globally

This approval marks a "significant milestone for PayPal". He emphasised PayPal's dedication to supporting Indian businesses as the country becomes a major global export hub.

PayPal already offers several tools tailored for Indian businesses, such as PayPal Checkout, PayPal Invoicing, and easy-to-use No-Code Checkout options. These services make it easier for businesses to accept payments from international customers.

A Gateway to New Opportunities

This regulatory nod means PayPal can offer its cross-border payment services within a clear and regulated system. This will bring more consistency, openness, and security to global transactions for Indian merchants. It also opens doors for PayPal to create new local payment solutions, improve customer experiences, and offer better access to its vast global payment network for all types of Indian businesses, from large companies to small businesses and even freelancers.

Read more on: India’s GDP Doubles in a Decade to $4.27 Trillion: IMF 

Conclusion 

This approval from the RBI solidifies PayPal's role in India's booming cross-border trade. By making international payments easier and more secure, PayPal is helping Indian businesses of all sizes connect with customers around the world and contribute to India's economic growth.
 
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