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CROSS BORDER PAYMENTS
Payoneer India Cross-Border Excellence Awards: A diverse winner list reflects India’s growing cross-border tradeServices exports in India have surged to a record $421.3 billion, surpassing estimates, in FY26, as total exports hit an unprecedented $863...- As SMEs digitise and expand globally, foreign banks have a crucial role to play: DBS Bank India’s Divyesh DalalDBS Bank India is enhancing its support for SMEs with the launch of its new Collections Orchestration platform, aiming to streamline paymen...
- PhonePe gets in-principle nod from UAE for first locally licensed overseas payments businessWalmart-backed PhonePe has received in-principle approval from the UAE central bank for two payments licences, paving the way for its first...
- PhonePe gets in-principle approval for two UAE payment licencesPhonePe has secured in-principle approval from the UAE central bank for two payment licences, marking its first international market entry....
- RNFI Money gets RBI approval to undertake cross-border trade remittancesRNFI Money, a wholly owned subsidiary of RNFI Services, has received RBI approval to undertake cross-border trade remittances. The licence ...
- India must rethink cross-border payments beyond corridors, put customers first: DeloitteA shift from corridor-led expansion to customer-centric design forms the core principle needed to drive the next stage of India's cross-bor...
- Making a dollar detour: Why BRICS isn’t breaking up with the dollarThe latest BRICS declaration emphasizes interoperable payment systems and local currency settlement. It explicitly avoids proposing a commo...
- BRICS urges IMF, World Bank reforms, condemns unilateral tariffs, secondary sanctionsBRICS leaders adopted the New Delhi Declaration, expressing serious concerns over unilateral trade measures. They called for the eliminatio...
- BRICS declaration vows cooperation to dismantle cross-border scam networksBRICS countries on Saturday voiced “serious concern” over organised scam networks, including cross-border fraud operations and scam compoun...
- BRICS leaders push faster, cheaper cross-border payments, deeper use of local currenciesBRICS leaders are calling for faster and cheaper cross-border payments among member nations. They also support greater interoperability bet...
- PayU unveils AI-powered fraud liability protectIn a move to safeguard Indian merchants, PayU has launched its groundbreaking AI-driven Fraud Liability Protect solution. This offering is ...
- De-dollarisation: BRICS takes a measured route, focuses on payments and not on common currencyThere is no mention of a common BRICS currency or a formal call for replacement of the US dollar. Instead, the document sticks to the more ...
- BRICS finance chiefs flag tariff risks, push cross-border paymentsBRICS finance ministers voiced concerns over unilateral trade actions and tariffs. They endorsed efforts for cross-border payment interoper...
- BRICS fin mins, central bank chiefs raise concerns on unilateral trade and finance-related measuresBRICS finance ministers and central bank governors voiced concerns over unilateral trade measures. They backed efforts for cross-border pay...
- India, Russia explore digital currency payments for trade in cross-border breakthroughIndia and Russia are exploring digital currency payments for bilateral trade, potentially opening a faster route for cross-border settlemen...
- BRICS finance ministers discuss possibility of efficient cross-border payment mechanismsBRICS finance ministers and central bank governors are exploring faster and cheaper cross-border payment systems, including greater use of ...
- PayU launches AI-powered fraud protection for cross-border card paymentsPayU introduced an AI fraud solution for Indian merchants accepting international card payments. This new Fraud Liability Protect uses AI t...
- India seeks payment-system links in every FTA, Commerce Secy says: ReportIndia aims to link its payment systems with trading partners in new agreements. This strategy seeks to make cross-border payments faster an...
- UPI still has 'lot of scope' to grow, rural and offline access key challenges: NPCI CTOUPI has significant room for growth, especially in rural areas. Developing offline payment solutions remains a key challenge for the platfo...
- Jio Payment Solutions launches cross-border payments to connect exporters with global marketsJio Payment Solutions has launched a new cross-border payment platform. This facility helps Indian exporters receive international payments...
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