Neutral impactEconomy
India must rethink cross-border payments beyond corridors, put customers first: Deloitte
Economic Times 2 hrs ago·20 Sept 2026, 7:18 am
Deloitte released a report urging India to move away from a corridor‑centric model for cross‑border payments and instead design the system around end‑user needs. The current approach groups countries into fixed corridors, which can limit flexibility and increase costs for businesses and migrants sending money abroad.
For investors, a shift toward a more customer‑focused framework could open opportunities for fintech firms, banks and payment processors that can offer faster, cheaper, and more transparent services. Keep an eye on regulatory updates from the RBI, any new standards for interoperability, and partnerships that aim to broaden payment networks beyond traditional corridors, as these could shape the next wave of growth in the cross‑border payments market.
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- Category: Economy.
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