Decentro secures final payment service provider licence at GIFT City

Fintech infrastructure platform Decentro announced it has received final approval for a Payment Service Provider (PSP) licence from the International Financial Services Centres Authority (IFSCA) at GIFT City, strengthening its presence in the cross-border payments space.

With this, Decentro has become the first Indian payment aggregator to secure the approval.

With the licence, Decentro has established an entity in GIFT City and plans to offer a full-stack cross-border payments infrastructure for global businesses.