Current Affairs · Banking and Financial Services
In June 2025, global fintech firm Wise received RBI approval to operate as a cross-border payment aggregator. Consider the following statements: 1. Wise received in-principle approval from the RBI as a Payment Aggregator - Cross Border (PA-CB) for handling export transactions. 2. With this approval, Wise can facilitate faster and lower-cost international payments for Indian exporters. 3. Wise established its primary global headquarters in Bengaluru. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both 1 and 2✓
- 2Only 1
- 3Both 1 and 3
- 4Only 3
Correct answer
Both 1 and 2
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