Unlimit Secures RBI Cross-Border Payment Aggregator Licence
Unlimit has received final authorisation from the Reserve Bank of India (RBI) to operate under a Payment Aggregator – Cross Border (PA-CB) licence, marking a significant expansion of its regulated capabilities in one of the world’s quickest-growing digital economies. The approval enables Unlimit to facilitate cross-border transactions for both Indian and international merchants within India’s regulatory framework.
With the PA-CB licence, Indian merchants can now accept international payments, while global businesses gain the ability to serve Indian customers using UPI, cards, and local payment methods. The licence also allows Unlimit to manage end-to-end payment flows, including acceptance, settlement, and foreign platform, across import and export use cases.
This milestone follows Unlimit’s domestic Payment Aggregator licence granted just a year ago, reinforcing the company’s long-term commitment to the Indian market and strengthening its position as a provider.
Expanding Global Reach for Indian and Overseas Merchants
The cross-border licence allows Unlimit to support Indian businesses looking to scale internationally without the operational complexity of integrating multiple payment providers. Through a single platform, merchants gain access to more than 1,000 payment methods across 150+ currencies and 180+ economies.
For overseas merchants, the licence removes a key barrier to entering India’s vast digital economy. Global companies can now accept payments from Indian customers without establishing a local entity, simplifying market entry and accelerating time to revenue.
By operating fully within RBI guidelines, Unlimit can provide compliant, transparent while addressing the growing demand driven by e-commerce, digital exports, and international trade.
Strategic Timing as India’s Digital Economy Accelerates
The continues to expand rapidly. E-commerce growth is running at approximately 27% annually, with the $163 billion by 2026. India also became the world’s second-largest e-retail market in 2024, supported by widespread UPI adoption and rising internet penetration.
Kirill Eves, CEO and Founder of Unlimit, said: “Receiving the cross-border licence from the RBI is a significant achievement that enables our customers in India to unlimit their business growth and expand into international markets without borders or artificial barriers, while providing our to the strategically significant Indian market.”
As cross-border trade and digital payments volumes continue to rise, Unlimit’s expanded regulatory footprint positions it to play a central role in connecting Indian businesses with global consumers and assisting international merchants tap into India’s rapidly growing digital population.
