PayNearby to start cross-border remittance services by Oct - Jammu Kashmir Latest News | Tourism
New Delhi, July 26: Fintech startup PayNearby will start a facility of inward cross-border remittance by October, allowing beneficiaries to withdraw the amount as per their requirement rather than taking the whole amount in one go. “The Reserve Bank has granted us the approval under the second cohort for cross-border remittance. India gets about USD 80 billion as remittance every year which either comes in cash or in bank account,” Anand Kumar Bajaj, Founder, MD & CEO, PayNearby told PTI. […]