It will now be very easy to pay cross -border from India. The Reserve Bank of India (RBI) on Wednesday gave principle approval to the Indian subsidiary of Peepal Holdings Inc. Peepa Payments Private Limited (Paypal) to work as a payment aggregator-cross border-export (PA-CB-E). According to PTI news, the company said that it is an important milestone in India’s continuous support for the operation of Peepal in India and its constant support for Indian small businesses. This will make it possible to make safe cross border payment in about 200 markets.
Paypal approved at the time of India’s strong export
According to the news, this approval from the central bank was received at a time when India’s exports have reached US $ 73.8 billion in April 2025, which outlines the growing pace in cross -border trade. Senior Director in PayPal India-Government Relations, Nath Parameswaran said that the theoretically PA-CB-E acceptance by RBI is an important milestone for Peepal. This reflects the strength of the regulatory vision of India and the progress towards uninterrupted, safe border transactions.
To make global sales easier for Indian small businesses
As India is developing as a global export center, Peepal is committed to empower Indian businesses with reliable digital payment solution. Paypal focuses on simplifying global sales for Indian small businesses, with increasing suits of local offers such as paypal checkout, paypal invoicing and no-code checkout tools. Abid Murshed, the head of sales head in Paypal India, said that Paypal has a track record of innovating at every major turn in commerce in the last 25 years.
Peepal said- We stand with our customers
We have been working in India for more than a decade, making small businesses and freelancers capable of participating in global commerce through reliable and safe payment solutions. As the dynamics of business changing, new challenges and opportunities are coming out, we are standing with our customers, as they are expanding in new business corridors and fulfilling the changing expectations of global customers.
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