Earthport, the leading payment network for cross-border transactions, has signed an agreement with Axis Bank, India’s third largest private sector bank, to enable outbound cross-border payments for its clients through Earthport’s global payments network. Following the recent approval by The Reserve Bank of India (RBI), which allows Earthport to provide outbound cross-border payment services to banks in India, Axis Bank will become the first bank in India to connect with Earthport’s global payments network, which spans over 60 countries. Read more: finextra.com
