1. Jio Payment Solutions launches cross-border payments for Indian exporters

Jio Payment Solutions launches cross-border payments for Indian exporters

Business

  • Jio Payment Solutions has launched a cross-border payments platform to help Indian exporters receive international payments.
  • Exporters can accept payments through virtual accounts, international cards and local payment rails.
  • The service follows RBI approval for Jio to operate as a Payment Aggregator for Cross-Border transactions.
  • The platform aims to simplify global collections, reduce paperwork and support compliance for businesses expanding overseas.

Source: economictimes.indiatimes.com

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