Razorpay Gets IFSCA Licence to Simplify Cross-Border Payments
New Delhi, Nov. 3 -- Fintech company Razorpay has received its final Payment Service Provider (PSP) licence from the International Financial Services Centres Authority (IFSCA) to operate from GIFT City.
The approval allows Razorpay to expand its cross-border payment capabilities through a regulated infrastructure supporting international collections, settlements, foreign currency transactions, and multi-currency accounts.
The development follows the company's in-principle approval in April 2026 and marks a further step in its efforts to build payment infrastructure for businesses facilitating international financial transactions.
For an Indian investment platform looking to offer global equities, the payment process can involve several...
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