NasdaqGM:PAYODiversified Financial
Why Payoneer (PAYO) Is Up 14.3% After RBI Clears Its India Cross-Border Aggregator Move
In recent days, Payoneer India Pvt Ltd, a subsidiary of Payoneer Global Inc., received in-principle authorization from the Reserve Bank of India to operate as a Payment Aggregator – Cross Border, enabling it to facilitate both inward and outward transactions for Indian importers and exporters.
This regulatory milestone, alongside Payoneer’s ongoing platform expansion through acquisitions and its focus on end-to-end solutions for small and mid-sized businesses, reinforces its push to embed...