Airpay Bags Cross Border Payment Aggregator Licence From RBI

With the regulatory approval, Airpay will facilitate digital payments for Indian merchants domestically and globally

The company is expecting a 30-40% increase in transaction processing volumes (TPV) over the next 6-12 months

The startup primarily focusses on SME and MSME businesses operating in sectors like education, hospitality, retail and BFS

Fintech startup airpay Payment Services has become the latest entity to secure the Reserve Bank of India’s (RBI) cross-border payment aggregator (PA-CB). 

With the…