By embedding governance into scale, India is now sharing global standards for secure, efficient and compliant cross-border transactions: PayGlocal Compliance Report
FinTech BizNews Service
Mumbai, Novmber 3, 2025: PayGlocal, India’s leading cross-border payments solution provider, today announced the release of its comprehensive research report, “Navigating Compliance in Cross-Border Payments: The Evolving Regulatory Landscape.”
India’s emergence as a global trade and payments hub is anchored in compliance-first regulatory philosophy. Over the past few years, the RBI and allied regulators have built robust frameworks setting global benchmarks for transparency, fund security and operational integrity.
These measures have materially reduced settlement risks, strengthened auditability, improved traceability, and elevated trust in India-led payment infrastructure.
With inward remittances touching USD 135.46 billion in FY 2025, the highest globally -, and
outward flows rising 17 percent year-on-year, India’s regulatory rigor has become not just a
supervisory safeguard but a strategic enabler of global payments leadership. By embedding
governance into scale, India is not sharing global standards for secure, efficient and compliant
cross-border transactions.
Key takeaways from the report:
● Export diversification: High-value export categories such as electrical machinery (up 45
percent), dairy products (up 41 percent), and fish and crustaceans (up 17 percent) grew
sharply in early 2025, reflecting India’s shift from commodity to value-added exports.
● Robust services trade: India maintained a services trade surplus of USD 132.5 billion,
led by IT, digital, and consulting exports that continue to offset merchandise trade
deficits.
● Compliance-driven competitiveness: The Payment Aggregator Cross-Border (PA-CB)
framework and IFSCA capital norms are driving global confidence by enforcing fund
segregation, capital adequacy, and settlement transparency.
● CBDC adoption: The retail e-rupee crossed 1 million daily transactions by December
2023, with circulation reaching ₹1,016 crore by March 2025, reinforcing India’s digital
leadership and sovereign control over cross-border payments.
● Regulatory credibility: The RBI’s stance with policy driven and thoughtful approach
towards stablecoins underscores India’s focus on monetary sovereignty and systemic
stability, establishing it as a benchmark for compliant digital currency ecosystems.
● Operational efficiency: Settlement timelines in India now average 2–3 business days,
aligning with global peers and improving exporters’ liquidity cycles.
● Infrastructure readiness: With regulatory sandboxes and international PSP frameworks,
India is emerging as a regional hub for compliant cross-border fintech innovation.
The report covers a comparative analysis of eight jurisdictions, India emerges among the most
progressive, demonstrating robust regulatory harmonization alongside measurable gains in
financial inclusion.
Speaking on the findings, Prachi Dharani, CEO of PayGlocal, said, “India’s export landscape
is entering a decisive new phase powered by digital trust, compliance-driven financial
innovation, and growing sectoral diversification. The report highlights how resilient regulatory
frameworks and payment modernization are reinforcing India’s global competitiveness. With
growing adoption of secure digital rails, India is steadily positioning itself as one of the world’s
most trusted export ecosystem. ”
The report also contextualizes India’s progress against leading global benchmarks. Jurisdictions
such as Singapore and Australia already facilitate near real-time settlement through PayNow
and NPP systems., India ’is steadily aligning its regulatory architecture towards similar
frictionless, compliant digital payment rails. The RBI’s stance against private stablecoins,
combined with the development of the e-rupee, reflects a calibrated policy approach that
safeguards monetary sovereignty while enabling innovation.
