The Reserve Bank of India’s latest FEMA 2026 reforms may quietly become one of the biggest shifts in India’s cross-border financial ecosystem over the next few years. By allowing AD Category-II entities to process foreign trade transactions up to ₹25 lakh per transaction, along with broader non-trade outward remittances, RBI has effectively expanded the forex […]
RBI Introduces a New Era for Forex and Cross-Border Transactions India’s cross-border payments ecosystem is entering a major transformation phase. With the introduction of the Foreign Exchange Management (Authorised Persons) Regulations, 2026, the Reserve Bank of India (RBI) has reshaped the regulatory architecture governing authorised dealers, forex entities, money changers, and foreign exchange intermediaries. The
Russia has long been a preferred destination for Indian students pursuing MBBS, and even in 2026, it continues to attract strong interest. The reasons are clear—affordable education, globally recognized universities, and a relatively simple admission process make it a practical choice for thousands of aspiring doctors. However, while the academic opportunity remains strong, the financial
MBBS in Russia: Challenges & How Pay2Remit Solves Cross-Border Payments Read More »
In an increasingly globalized world, travel and education companies are no longer limited to offering bookings or admissions—they are evolving into end-to-end service providers. One of the most strategic opportunities in this transformation is integrating forex and cross-border payment solutions into their offerings. The Shift Towards Seamless Customer Experience Today’s customers expect convenience, speed, and
Why Travel & Education Companies Should Offer Forex Solutions Read More »
For anyone planning to study abroad, seeking medical treatment overseas, or simply booking a long-awaited international vacation, the Union Budget 2026 has brought some of the most taxpayer-friendly news in years. Effective from April 1, 2026, the rules governing Tax Collected at Source (TCS) under the Liberalised Remittance Scheme (LRS) have been significantly rationalized. The
The New LRS Landscape: Decoding TCS Changes for FY 2026-27 Read More »
In today’s interconnected world, sending money across borders has become a routine part of global life. Whether it’s students paying university fees abroad, families sending support to loved ones, or businesses paying international partners, cross-border payments are more important than ever. Traditionally, international transfers were slow, expensive, and often lacked transparency. However, advancements in financial
How Technology is Making Cross-Border Payments Faster Than Ever Read More »
As overseas education continues to grow among Indian students, the way tuition fees and living expenses are paid internationally has evolved significantly. Traditional remittance methods—characterized by branch visits, paperwork, delayed processing, and unclear exchange rates—are rapidly being replaced by digital cross-border payment platforms. For both students and education consultants, this shift is creating meaningful advantages
In today’s digital-first economy, businesses don’t just compete on products or services — they compete on experience, trust, and speed. For fintechs, edtech platforms, travel companies, and global service providers, payments are no longer a backend function. They are a core part of the brand promise. This is where the philosophy of “Your Brand. Our
Your Brand. Our Technology. Powering the Future of Cross-Border Payments Read More »
The Liberalised Remittance Scheme (LRS) is a core regulatory framework introduced by the Reserve Bank of India (RBI) to monitor and control how foreign exchange is used by resident individuals in India. While LRS is commonly associated with sending money abroad, its scope is much broader. It applies to all eligible foreign exchange transactions, including:
In today’s global mobility ecosystem, students and travellers expect more than guidance—they expect convenient, digital, and reliable forex services from the education consultants and travel companies they trust. Pay2Remit’s White-Label Digital Forex Solution enables Education Consultants and Travel Companies to offer Foreign Currency Notes and Forex Cards under their own brand, delivering a seamless and
