Skydo Secures Final RBI Authorization for Cross-Border Payment Aggregator License
18 hours agoBusiness
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Skydo Secures Final RBI Authorization for Cross-Border Payment Aggregator License

Skydo, a cross-border payments platform, has received final authorization from the Reserve Bank of India (RBI) to operate as a Payment Aggregator-Cross Border (PA-CB). This license allows Skydo to facilitate overseas payment collections for Indian MSMEs, freelancers, and startups. The company aims to simplify global collections by offering transparent pricing and faster settlements. Skydo is among several fintech firms that have secured this PA-CB license under the RBI's framework for enhanced oversight of cross-border transactions.

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