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fintech: Fintech is making global payments its business

Razorpay, Cashfree, PayGlocal, and new entrants rush for RBI s PA-CB licence to tap into lucrative B2B cross-border payments market. Fintechs eye big share of $250B SME exports, focusing on high margins and expanding services.

Fintech is Making Global Payments its Business

Domestic payment aggregator majors such as Razorpay and Cashfree, as well as newer fintech firms like PayGlocal and Skydo, are rushing to procure a licence for offering international payment services, multiple people aware of the matter told ET.

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