EbixCash World Money secures perpetual RBI licence for trade and family remittances
The perpetual AD-II licence lets EbixCash World Money process eligible trade remittances of up to Rs 25 lakh per transaction and family-maintenance transfers, extending its cross-border payments proposition for Indian MSMEs through branches, airports and digital touchpoints.
EbixCash World Money received a perpetual RBI AD-II licence with authority to handle eligible trade remittances up to Rs 25 lakh and family-maintenance remittances, expanding its cross-border payments offering for Indian MSMEs through its nationwide branch, airport and digital network.
Why this matters
No related recent signals were provided, making the perpetual licence a standalone expansion of EbixCash World Money’s cross-border payments capability.
Retail-company signals are accelerating, up 217300% QoQ.
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