In a significant development for India's digital payment landscape, the Reserve Bank of India (RBI) has authorised Worldline ePayments India to operate as an Export-Import Payment Aggregator – Cross-Border (PA-CB E&I). This authorisation empowers Worldline to facilitate and process cross-border online payments related to the import and export of goods and services.
Worldline received the RBI’s official approval on May 21, 2025, under the Payment and Settlement Systems Act, 2007. This new licence will allow the company to play a crucial role in streamlining international payment flows for Indian exporters and importers.
Acting as a digital intermediary, Worldline will help ensure that global transactions comply with RBI’s evolving regulatory framework for cross-border payments.
The PA-CB E&I licence enables Worldline to offer secure, compliant, and efficient cross-border payment solutions. T
This is especially vital for businesses engaged in global trade, as the platform will help simplify complex foreign exchange processes, maintain compliance with due diligence norms, and meet strict settlement timelines.
Worldline already holds approvals to function as a domestic Payment Aggregator (PA) and a Bharat Bill Payment Operating Unit (BBPOU). These enable it to provide digital payment solutions across various sectors, including:
With the addition of the PA-CB E&I licence, Worldline is now poised to become an even more integral part of India’s digital commerce and cross-border ecosystem.
As per news reports, Ramesh Narasimhan, CEO – India, Worldline, shared his perspective on the RBI’s latest approval, describing it as a strategic milestone in the company’s growth journey:
“This authorisation is a significant milestone in our journey. It affirms our long-term commitment to India’s digital payment ecosystem and our focus on providing secure, seamless, and regulated solutions,” he stated.
Worldline, which has been operational in India for over two decades, has steadily expanded its footprint across the digital payments landscape.
Introduced in 2021, the RBI’s framework for cross-border Payment Aggregators ensures digital transactions across borders are conducted under strict oversight. Entities operating as PA-CB must meet comprehensive requirements related to:
This framework was designed to improve transparency and trust in the growing volume of digital cross-border transactions.
Read More: RBI Proposes Easier Access to Inoperative Bank Accounts; Public Feedback Open Until June 6, 2025.
Worldline’s PA-CB E&I authorisation marks a pivotal advancement in India's digital payment infrastructure. It not only strengthens Worldline’s capabilities but also boosts confidence among Indian exporters and importers navigating the complexities of international trade. As cross-border commerce continues to grow, this move underscores the RBI’s commitment to supporting innovation while maintaining regulatory integrity.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: May 28, 2025, 9:21 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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