BSECompany Update5d ago · 3 Aug 2026, 12:22 pm
Press Release - Global Pay broadens its position as a Leading Cross-Border Payments Fintech with Expanded RBI AD Category II Authorisation
WSFx Global Pay Ltd · 511147
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WSFx Global Pay Ltd has received an expanded Authorised Dealer Category II (AD II) licence from the Reserve Bank of India (RBI) under FEMA 2026, allowing it to offer a broader suite of regulated foreign exchange and cross-border payment services.
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WSFx Global Pay Ltd - 511147 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Date: August 03, 2026
The Manager,
Department of Corporate Services,
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Fort,
Mumbai – 400 001
Subject: Submission of Press Release – Global Pay broadens its Position as a Leading Cross-
Border Payments Fintech with Expanded RBI AD Category II Authorisation
Scrip ID: WSFX
Scrip Code: 511147
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, please find enclosed press release issued by the Company titled Global
Pay broadens its Position as a leading Cross-Border Payments Fintech with Expanded RBI
AD Category II Authorisation.
Kindly take the same on record.
Thanking You,
Yours faithfully,
For WSFx Global Pay Limited
Khushboo Doshi
Company Secretary
Encl: As above
WSFx Global Pay Limited
Registered Office: 6th Floor, C Wing, Corporate Avenue, Chakala, Andheri (East), Mumbai – 400 093
+91 22 62709600 | info@wsfxglobalpay.com | www.wsfxglobalpay.com |
CIN No. L99999MH1986PLC039660
GlobalPay Broadens Its Position as a Leading Cross-Border Payments Fintech
with Expanded RBI AD Category II Authorisation
The enhanced licence enables GlobalPay to offer a wider suite of trade and remittance services,
reinforcing its leading position as India's trusted cross-border payments partner.
Mumbai, 3 August, 2026: WSFx Global Pay Ltd. (GlobalPay) (BSE: 511147), trusted standard in
global payments and India's leading fintech in foreign exchange and cross-border payments, today
announced that it has received an expanded Authorised Dealer Category II (AD II) licence from the
Reserve Bank of India (RBI) under FEMA 2026 (Notification No. FEMA 401/2026), significantly
broadening the scope of foreign exchange and cross-border payment services it is authorised to
offer.
The enhanced authorisation marks a significant milestone in GlobalPay's journey as one of India's
leading fintech companies in the foreign exchange and cross-border payments space. With the
Reserve Bank of India issuing a perpetual Authorised Dealer Category II (AD II) licence with an
enhanced scope of transactions under FEMA 2026 (Notification No. FEMA 401/2026), GlobalPay is
now authorised to offer a broader suite of regulated foreign exchange and cross-border payment
services. The approval enables the company to support a wider range of customer requirements
across international trade, remittances and foreign exchange, while further strengthening its
commitment to delivering secure, compliant and seamless global payment solutions.
Under the expanded licence, GlobalPay is now authorised to:
Undertake all eligible non-trade current account transactions (except gift and donation)
Facilitate inward and outward trade remittances up to INR 25 lakh
Appoint Forex Correspondent Agencies to expand the reach of regulated foreign exchange
services across the country
The approval significantly enhances GlobalPay's ability to cater to individuals, students, travellers,
corporates, exporters, importers and financial institutions through a comprehensive suite of RBI-
regulated foreign exchange and cross-border payment services.
Srikrishna Narasimhan, CEO & Whole-Time Director, GlobalPay, said,
"This expanded Authorised Dealer Category II licence marks an important milestone in
GlobalPay's growth journey and reinforces our vision of building India's most trusted cross-
border payments platform. As global mobility, international education, outbound travel and
cross-border trade continue to accelerate, customers increasingly expect seamless, secure and
compliant forex and remittance solutions. This enhanced authorisation allows us to meet
these evolving needs through a broader suite of regulated services while maintaining the
highest standards of governance, transparency and customer trust. We believe this approval
further strengthens our ability to support individuals, businesses and partners with innovative
solutions that simplify cross-border financial transactions and contribute to India's rapidly
expanding global payments ecosystem."
WSFx Global Pay Limited
Registered Office: 6th Floor, C Wing, Corporate Avenue, Chakala, Andheri (East), Mumbai – 400 093
+91 22 62709600 | info@wsfxglobalpay.com | www.wsfxglobalpay.com |
CIN No. L99999MH1986PLC039660
The enhanced licence comes at a time when India's cross-border payment landscape is witnessing
rapid growth, fuelled by increasing international travel, overseas education, expanding global trade
and rising demand for seamless international payment solutions. With its strengthened regulatory
authorisation, GlobalPay is well positioned to support these evolving needs while continuing to
drive innovation and trust in the country's foreign exchange ecosystem.
About WSFX Global Pay Ltd:
WSFx Global Pay Ltd (GlobalPay) is a RBI AD II, BSE-listed company with trusted standards in Global
Payments, forex cards, and international money transfer with a strong emphasis on trust,
innovation, compliance, and customer-centricity. GlobalPay is committed to delivering secure,
efficient, and transparent financial products to empower individuals and businesses alike with 25+
Branches Pan India and robust network of 850+ corporates and 650+ agents.
For more details, please visit: http://www.wsfxglobalpay.com
For further information, please contact:
Prutha Rupareliya | Adfactors PR | rupareliya.prutha@adfactorspr.com
WSFx Global Pay Limited
Registered Office: 6th Floor, C Wing, Corporate Avenue, Chakala, Andheri (East), Mumbai – 400 093
+91 22 62709600 | info@wsfxglobalpay.com | www.wsfxglobalpay.com |
CIN No. L99999MH1986PLC039660