Payoneer India Pvt Ltd, a subsidiary of Payoneer International Inc, was granted In-Precept authorisation from the Reserve Financial institution of India (RBI) to function as a Cost Aggregator – Cross Border (PA-CB) for facilitating Inward and Outward transactions.

Payoneer mentioned that the authorisation will allow it develop its operations in India and supply end-to-end cross-border fee options to Indian importers and exporters for inward and Outward cross-border transactions.

Indian SMBs will be capable to use a broader vary of Payoneer merchandise, together with accounts payable options, and expertise streamlined onboarding and “Know Your Buyer” (KYC) processes.

“Our in-principle authorization from the Reserve Financial institution of India is a testomony to our greater than decade-long presence within the native market and help of India’s thriving export economic system, which is projected by the India Division of Commerce to exceed $850 billion in 2026,” mentioned Rohit Kulkarni, CEO, Payoneer India.

“With the PA-CB authorization, we can be outfitted to offer complete cross-border fee options for each import (Outward) and export (Inward) transactions, serving to Indian companies faucet into new alternatives and scale globally.”

“This in-principle authorization is a vital step towards additional increasing Payoneer’s world regulatory infrastructure and strengthening our regulatory basis in India, reflecting our long-term dedication to the market,” mentioned Tsafi Goldman, Chief Authorized and Governance Officer, Payoneer.

“With our rising group on the bottom, we’re persevering with to put money into India whereas on the identical time empowering SMBs throughout the area to scale their companies globally by means of our regulated platform.”

Over the trailing 12 months as of Q3 2025, the corporate served practically two million lively clients and processed over $80 billion in transaction quantity.

Payoneer operates as a regulated entity throughout main monetary jurisdictions, together with america, Europe, the UK, Hong Kong, Japan, Singapore, China and Australia, enabling SMBs, enterprises, and marketplaces to securely transact globally.