Worldline ePayments India and PayPal Payments have secured regulatory approvals from Reserve Bank of India (RBI) to operate as cross-border payment aggregators. 

The authorisation to Worldline ePayments India to operate as an Export-Import Payment Aggregator – Cross-Border (PA-CB E&I)  

enables the company to facilitate online cross-border transactions for both import and export of goods and services.  

Additionally, Worldline is also authorised to operate as an online Payment Aggregator (PA) and as a Bharat Bill Payment Operating Unit (BBPOU). 

Worldline offers the advanced payments technology that helps global customers realise their goals. 

In India, Worldline is the preferred partner for more than 30 leading public and private sector banks, leading sectors like NBFCs, insurance firms, e-commerce businesses, startups, retail brands, hotel chains and several others. 

Worldline India CEO Ramesh Narasimhan said: “We’ve been present in the Indian market for over two decades and have established a leadership position across sectors. We serve merchants in diverse segments such as eCommerce, BFSI, Retail, Utilities, Education, Travel, and Hospitality. This authorisation from the RBI is a strong endorsement of our unwavering commitment to the Indian market. It reaffirms our focus on regulatory compliance and underscores the importance of a secure and well-regulated payments ecosystem.” 

PayPal Payments, the Indian subsidiary of PayPal Holdings, has secured in-principle approval from the RBI to operate as a Payment Aggregator – Cross Border – Exports (PA-CB-E).  

PayPal India Government Relations senior director Nath Parameshwaran stated: “The in-principle PA-CB-E approval by RBI is a significant milestone for PayPal. It reflects the strength of India’s regulatory vision and the progress toward seamless, secure cross-border transactions. As India grows into a global export hub, PayPal remains committed to empowering Indian businesses with trusted digital payment solutions.”  

With the in-principle approval, PayPal can continue providing cross-border payment services within a regulated framework, supporting Indian merchants with improved consistency, transparency, and security in their global transactions.  

PayPal said the move opens new avenues for localised product innovations, improved customer experiences, and enhanced access to the company’s worldwide payment network for large enterprises, small businesses, and freelancers in India. 

In 2017, PayPal launched domestic services in India.  

Although it had offered cross-border payments for years, it couldn’t process transfers between Indian accounts until then.  

The launch enabled it to support both customers and merchants with domestic payment options.