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Alert: Beware of financial scams! Always deal with IFSCA regulated entities. Check IFSCA Directory available on the website. Stay informed, stay protected!
Ancillary Service

Payments and Settlements Brochure

Regulations

Sr. No. Title View
1 Consolidated IFSCA (Payment Services) Regulations, 2024.  
2 IFSCA (Payment and Settlement Systems) Regulations, 2024  
3 IFSCA (Payments Regulatory Board) Regulations, 2025  

FAQs

Sr. No. Title View
1 FAQs on IFSCA (Payment Services) Regulations, 2024  

Circulars

Sr. No. Title Date ↓ View / Download
1 Requirements for Payment Service Providers entering into Rupee Drawing Arrangement (RDA) 10/04/2026  
2 Participation of Payment Service Providers (“PSPs”) in international payment systems 06/06/2025  
3 Fee structure for Payment System Operators / Applicants desirous to set up a PSO in IFSC 02/04/2025  
4 Format and manner of seeking authorisation to commence or carry on a Payment System in an International Financial Services Centre 23/10/2024  
5 Format for providing information by a Payment Service Provider 08/10/2024  
6 Format and manner of seeking authorisation as Payment Service Provider 06/02/2024  

Statistics

A. Foreign Currency Settlement System (FCSS)
Sr. No. Title View
1 Month-wise transaction details (up to May 2026)  
2 List of live IBUs on FCSS  

 

If you still have any further doubts and wish to connect with us, please drop in an e-mail to payment-services[at]ifsca[dot]gov[dot]in with the following details:
Full Name:
Name of the Entity:
Business Email:
Contact Number (with ISD code):
Brief query:

Should you have any queries on issues related to Payment Services, market participants and other stakeholders should not hesitate to write to Supriyo Bhattacharjee, ED, IFSCA at payment-services[at]ifsca[dot]gov[dot]in

Any applicant desirous of applying under the relevant framework shall necessarily apply through the Single Window IT System (SWIT).

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