PayGlocal taps Banking Circle to simplify international payment collections

By Vriti Gothi

PayGlocal, a cross-border payments partner for Indian exporters and digital businesses, has partnered with Banking Circle S.A. to strengthen its international collection capabilities.

The collaboration will enable PayGlocal to offer faster, compliant and more cost-efficient cross-border receivables, supporting a broad base of Indian exporters, freelancers, direct-to-consumer brands and marketplace sellers, including merchants using Amazon Global Selling. Through Banking Circle’s infrastructure, PayGlocal’s customers will gain access to local collection services in key currencies, with the Australian Dollar (AUD) now added to its network alongside the US Dollar, Euro, Pound Sterling and Canadian Dollar.

Built to address the complexities of global trade, PayGlocal provides enterprise-grade cross-border payment solutions underpinned by Reserve Bank of India licensing. The partnership with Banking Circle extends this capability by combining local clearing networks and virtual account services across major markets such as Europe, the UK and Australia.

Rohit Sukhija, Co-founder & Chief Product Officer at PayGlocal, said, “PayGlocal helps Indian businesses expand globally by enabling them the ability to move money quickly, compliantly, and without friction, which is critical. This tie-up with Banking Circle strengthens that foundation by combining trusted infrastructure, regulatory alignment, and a shared commitment to solving real merchant challenges at scale without making them handle the complexities themselves.”

Mishal Ruparel, Chief Commercial Officer at Banking Circle, said, “Our collaboration with PayGlocal is a significant step in reducing friction for Indian exporters and enhances our presence in India. By combining our local clearing network with PayGlocal’s merchant-focused platform, we’re enabling faster, cost-effective cross-border payments that support India’s growing role in global trade.”

The move aligns with both companies’ efforts to simplify international payment flows and bolster India’s position in global commerce. As cross-border trade becomes increasingly central to India’s digital economy, PayGlocal and Banking Circle aim to extend their partnership further, expanding access to a regulated, scalable payments infrastructure in additional markets and currencies.

The partnership reflects a shared focus on building robust, merchant-centred payment solutions that help businesses in India and beyond trade internationally with greater speed and reliability.