Cross-border Online Transactions Given Green Light by RBI for Import-Export: Worldline Approved
Digital payments firm Worldline ePayments India has secured authorization from the Reserve Bank of India (RBI) to operate as an Export-Import Payment Aggregator - Cross-Border, a move that significantly boosts the company's role in facilitating international transactions, particularly for Indian businesses.
Based on a statement from parent company Worldline India, this authorization allows Worldline ePayments India to process online payments related to the import and export of goods and services across borders. The communication from the RBI was received on May 21, 2025.
Ramesh Narasimhan, the CEO of Worldline India, stated, "We have established a leadership position across various sectors and serve merchants in diverse segments such as eCommerce, banking, retail, utilities, education, travel, and hospitality."
He further remarked that this approval from the RBI underscores Worldline's commitment to the Indian market and adherence to regulatory standards, emphasizing the importance of a secure and well-regulated payments ecosystem.
In addition to the newly granted Payment Aggregator - Cross-Border (PA-CB) license, Worldline ePayments India is also authorized to operate as an online payment aggregator (PA) and Bharat Bill Payment Operating Unit (BBPOU), facilitating digital payments for domestic merchants across the country.
Worldline ePayments India has been a leading omnichannel payments technology player in India for over two and a half decades. The company partners with more than 30 leading public and private sector banks, NBFCs, insurance firms, e-commerce businesses, startups, retail brands, hotel chains, and other sectors.
This license aligns with India's efforts to formalize and regulate cross-border payment flows, supporting the growth of international trade involving Indian businesses. Worldline ePayments India's expanded capabilities will contribute significantly to enhancing India's digital payment infrastructure and the growth of the export and import sectors.
- Worldline ePayments India, with its authorization as an Export-Import Payment Aggregator - Cross-Border, is now better positioned to facilitate international transactions for various sectors like education, travel, and hospitality.
- The company's CEO, Ramesh Narasimhan, pointed out that this RBI approval signifies Worldline's dedication to adhering to regulatory standards in the technology and finance industry.
- With this newly acquired Payment Aggregator - Cross-Border (PA-CB) license, Worldline ePayments India can process online payments for businesses across diverse fields such as eCommerce, banking, retail, and startups.
- As a long-standing technology player in India's digital payments industry for over two and a half decades, Worldline ePayments India partners with numerous entities, including banking institutions, insurance firms, e-commerce businesses, startups, and travel industries, bolstering India's domestic and cross-border payment infrastructure.
