Xflow Sets Milestone to Revolutionize Cross-Border Payments

India’s Xflow aims to scale its payment processing volumes tenfold in 18 months, leveraging demand from IT exporters and fintech platforms. The company, now an RBI-authorized payment aggregator, focuses on providing transparent and reliable international payments, featuring innovative tools like FX AI Analyst for better currency conversion decisions.

Xflow, one of India's fastest-growing cross-border payment platforms, is on a bold mission to increase its processing volumes by nearly tenfold over the next 18 months. The strategic expansion focuses on Indian IT/ITES exporters, fintech platforms, and the company's recent in-principle authorization from the Reserve Bank of India for its PA-CB license.

The fintech company has seen a surge in adoption from SMEs and enterprises seeking transparent and compliant international payment solutions, moving away from outdated forex systems. The establishment of black-and-white standards for transaction speed and transparency is shifting the expectations of Indian businesses involved in cross-border dealings.

In line with its rapid growth, Xflow introduced 'Compliance Desk' for seamless compliance and 'FX AI Analyst' for data-driven FX decisions, further driving its agenda. The company's international expansion will bolster banking partnerships, enhance its FX intelligence, and contribute to reliable infrastructure development, thus empowering India's digital economy.

(With inputs from agencies.)