Economy, Banking and Finance · 23 January 2026

Reserve Bank of India (RBI) grants Payoneer India in-principle PA-CB approval

Exam-focused facts from the 23 January 2026 current affairs briefing.

Key facts

  • Payoneer India has received in-principle approval from the Reserve Bank of India (RBI) to operate as a Payment Aggregator – Cross Border (PA-CB).
  • The RBI has already fully authorised 19 entities with a PA-CB licence.
  • Payoneer Global claims to support customers in more than 190 countries and territories.
  • Over the trailing 12 months as of the third quarter of 2025, Payoneer Global served nearly two million active customers and processed over $80 billion in transaction volume.