Question
Skydo received in-principle approval to operate as a
Payment Service Provider (PSP) in which International Financial Service Centre (IFSC)?Solution
Skydo secured in-principle approval to operate as a Payment Service Provider (PSP) in the International Financial Service Centre (IFSC) at Gujarat International Finance Tec-City (GIFT City) in Gandhinagar, Gujarat. It also received RBI approval to support outward remittance flows under the Payment Aggregator-Cross Border (PA-CB) framework.
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