On January 9, 2026, Skydo, a cross-border payments platform, received final authorization from the Reserve Bank of India (RBI) to operate as a Payment Aggregator-Cross Border (PA-CB) entity.
- What? RBI granted final authorization
- Entity: Skydo
- Purpose: To operate as a PA-CB entity
- Function: To legally collect and remit cross-border payments for Indian businesses
About PA-CB License:
Overview: PA-CB license enables a company to collect and remit payments from foreign customers to Indian businesses.
Regulated Payments: With this move, Skydo can now legally facilitate international payment collections for Indian exporters and businesses under RBI supervision.
Expanded Services: The license enables Skydo to deepen and broaden its offerings, including local collections from overseas clients, invoicing tools, Enterprise Resource Planning (ERP) and accounting integrations, and fast settlements with access to compliance documentation like Foreign Inward Remittance Certificates (FIRCs).
About Skydo: Founded in 2022 in Bengaluru(Karnataka), Skydo builds cross-border payment infrastructure for Indian businesses and received in-principle approval from the RBI in 2025.
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