EximPe Gets RBI In-Principle Nod for PA-CB Licence
Why in the news
The RBI gave fintech start-up EximPe an in-principle go-ahead for a cross-border payment aggregator licence, backing its plans around India’s rising digital exports and global trade.
About the PA-CB licence
- Issued under RBI’s rules for cross-border payment aggregation.
- Lets fintechs handle pay-ins (inbound) and pay-outs (outbound) for digital services, e-commerce and B2B trade.
- Part of RBI’s push to regulate and standardise cross-border digital money flows.
About EximPe
- Founder and CEO: Arjun Zacharia.
- Reach: more than 5,000 SME clients; over $450 million processed.
- Goal: 10X growth by FY26 using the new licence.
Entities with full PA-CB licences (6)
| No. | Entity |
|---|---|
| 1 | Adyen India |
| 2 | Amazon Pay India |
| 3 | Cashfree Payments |
| 4 | BillDesk |
| 5 | Pay10 |
| 6 | Worldline ePayments India |
Exam angle
- Regulator: Reserve Bank of India.
- Stage of approval: in-principle, not final.
- Full form: PA-CB means Payment Aggregator-Cross Border.