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Home Financial system Payment and Settlement Systems Online Payment Gateway Service Providers (OPGSPs)

Online Payment Gateway Service Providers

In view of the growing role of the services provided by the Online Payment Gateway Service Providers (OPGSPs), it has been decided to allow the Authorized Dealers (ADs) to offer the facility of repatriation of remittances against small value service exports in non-physical form such as data entry/data process, off-shore IT service, business process outsourcing etc. Under this initiative, the exporters of the above services will be able to receive their overseas payments through the OPGSPs such as Paypal, Moneybookers, Best Payment Gateway and Virtual Pay online platforms.

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