Worldline Gets RBI Nod To Facilitate Cross-Border Online Transactions For Import-Export
New Delhi: Digital payments firm Worldline ePayments India Private Limited on Tuesday announced that it has received authorisation from the Reserve Bank of India (RBI) to operate as an Export-Import Payment Aggregator - Cross-Border.
According to a statement from its parent firm, Worldline India, this authorisation enables Worldline ePayments India to facilitate cross-border online transactions for the import and export of goods and services. Worldline ePayments India received the official communication from the RBI on May 21, 2025.
Ramesh Narasimhan, Chief Executive Officer - India, Worldline, 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 e-commerce, 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,' added Narasimhan.
In addition to the newly granted Payment Aggregator - Cross-Border (PA-CB) licence, the company statement said Worldline ePayments India is also authorised to operate as an online payment aggregator (PA) and a Bharat Bill Payment Operating Unit (BBPOU), enabling digital payments for domestic merchants across the country.
In India, Worldline is a leading omnichannel payments technology player, building a robust payment ecosystem for over 26 years. Worldline said it is the preferred partner for over 30 leading public and private sector banks, as well as key sectors such as NBFCs, insurance companies, e-commerce businesses, startups, retail brands, and hotel chains, among others.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
6 minutes ago
- Business Standard
Racing against the clock: Why US, India can't miss window for a trade deal
The negotiation is unfolding in real time. The US is using tariffs as leverage; India, for its part, is signalling unusual flexibility Anushka Shah Listen to This Article Time is running out for Washington and New Delhi. On July 9, a 90-day pause on new American tariffs will expire, ending a brief truce meant to enable a limited trade deal. In April, President Donald Trump announced two steep tariffs: A 10 per cent universal tariff on all imports and a 16 per cent reciprocal tariff targeting Indian goods. While the United States temporarily suspended the latter to allow negotiations, that window is quickly closing. The negotiation is unfolding in real time. The US is using tariffs as leverage; India, for its part, is signalling unusual flexibility. More than
&w=3840&q=100)
Business Standard
6 minutes ago
- Business Standard
30 years on, India's telecom sector still needs a tariff correction
Mobile subscribers in the country are close to 1.2 billion, out of 9.1 billion globally. Internet subscribers in India are pegged at over 970 million Listen to This Article The Indian telecom story, seen through numbers, could dazzle anyone. But, is it a happy story, 30 years after the first mobile call was made in India in July 1995? First, the numbers. Mobile subscribers in the country are close to 1.2 billion, out of 9.1 billion globally. Internet subscribers in India are pegged at over 970 million, compared to 5.56 billion around the world. India's broadband subscribers stand at more than 940 million, against the global figure of 5.3 billion. On the handset side, the stats are equally impressive. From importing 75 per cent of the handsets till not
Mint
16 minutes ago
- Mint
State-run GRSE inks ship building deals with German firm
New Delhi: State-run defence manufacturer Garden Reach Shipbuilders and Engineers Ltd (GRSE) has tied up with Germany's Carsten Rehder Schiffsmakler und Rehder GmbH & Co. KG, for building four vessels, the ports, shipping and waterways ministry said on Thursday. The deal for building four 7,500-deadweight tonnage (DWT) vessels was signed in Oslo on 4 June in the presence of Union ports, shipping and waterways minister Sarbananda Sonowal, the statement said. These vessels will have hybrid propulsion and will be adhering to the latest cyber security norms. This is in addition to an existing order for eight such vessels currently being built at GRSE's Kolkata yard. GRSE also signed deals with UAE-based Aries Marine LLC for building offshore platforms and vessels. This move is expected to help modernize port facilities, improve multimodal logistics, and enable port-led industrial growth, said Sonowal. Another deal was signed between India's Larsen & Toubro (L&T) group and Norway's DNV for collaboration in areas including shipbuilding, said the statement. Speaking on the occasion, Sonowal said, 'As two proud maritime nations with extensive coastlines and rich oceanic traditions, we understand that the future of the blue economy hinges not just on development—but on sustainable, inclusive, and resilient growth. It gives me immense pleasure that many Indian companies are signing MoUs including those from Norway, further deepening our commitment to collaborate in maritime sector.' Sonowal added, 'Our governments are also working closely on green shipping corridors, decarbonization efforts, ship recycling, and capacity building. The India-Norway Task Force on Blue Economy stands as a cornerstone of this deepening engagement.' Mint reported on 29 April that the expenditure finance committee had cleared a ₹ 25,000-crore Maritime Development Fund for FY26, a project to lend long-term, low-cost financial support for indigenous ship-building and other blue water infrastructure projects. On 5 June, GRSE shares opened at ₹ 3,399, up from the previous close of ₹ 3,358.50, and surged 4.80% to reach a record high of ₹ 3,520.
