Curated News
By: NewsRamp Editorial Staff
April 28, 2026

Payfuture and Profee Partner to Streamline INR Payouts in India

TLDR

  • Payfuture's partnership with Profee enables fast, compliant INR payouts into India, giving them a competitive edge in high-volume markets.
  • Profee integrates Payfuture's infrastructure to access local Indian banking systems, enabling faster INR settlement and higher delivery rates.
  • This partnership helps expats send money to India more reliably, supporting families and businesses with quicker fund access.
  • India is the world's largest remittance recipient, yet its payout market is fragmented and highly regulated.

Impact - Why it Matters

This partnership matters because it addresses the critical need for efficient, compliant cross-border payments into India, one of the world's largest and most complex payout markets. By leveraging Payfuture's local infrastructure, Profee can offer faster, more reliable INR payouts, which directly benefits millions of individuals and businesses relying on remittances from abroad. This move signals a shift towards deeper local integration in emerging markets, improving financial inclusion and reducing friction for consumers and businesses alike.

Summary

LONDON, UNITED KINGDOM - Payfuture, a global payments company building financial infrastructure in emerging markets, has announced a strategic partnership with Profee, an international payments platform serving consumers across Europe and beyond. Through this collaboration, Profee will leverage Payfuture’s infrastructure to enable INR-denominated payouts into India, supporting fast, reliable delivery of funds to both individual and business recipients via local payment rails. India is one of the world’s largest and most complex payout markets, where high transaction volumes are matched by strict regulatory requirements and a fragmented mix of banks and local payment methods. By integrating Payfuture’s infrastructure, Profee gains direct access to local banking and payment systems, enabling faster settlement in INR, improved delivery rates, and lower operational friction across this key corridor. Building on this initial rollout, the partnership is designed to scale across the wider Indian subcontinent, where demand for efficient, compliant cross-border payouts continues to grow.

Manpreet Haer, Co-Founder and CEO of Payfuture, emphasized the critical nature of reliable fund delivery: “As cross-border volumes into India grow, the ability to deliver funds locally and reliably becomes critical. By connecting directly to local banking and payment systems, we enable Profee to ensure funds reach both individuals and businesses quickly and consistently.” Sergey Romanov, Chief Commercial Officer at Profee, added: “India has been the world’s largest international transfer recipient for years. At Profee, we launched transfers to India in 2023 and had the destination in focus since then: we strived to provide competitive FX rates to INRs, added UPI as a receiving option, and carried out high-impact marketing campaigns. We are always open to new partnerships to help us operate more efficiently, and with Payfuture’s infrastructure we are sure that the funds reach recipients quickly and predictably.”

The partnership reflects a broader shift across the fintech landscape. As cross-border payments enter high-growth markets, providers are increasingly prioritizing payout performance, local execution, and regulatory compliance over broad but shallow global coverage. Infrastructure partners like Payfuture are playing a central role in enabling this shift, helping rapidly growing services like Profee expand into markets that have traditionally been difficult to serve. This collaboration underscores the importance of local expertise and compliant settlement infrastructure in navigating the regulatory, operational, and payment challenges of cross-border commerce. For more information, visit Payfuture at https://www.payfuture.net/ and Profee at https://www.profee.com/. The original release can be found on NEWMEDIAWIRE.

Source Statement

This curated news summary relied on content disributed by NewMediaWire. Read the original source here, Payfuture and Profee Partner to Streamline INR Payouts in India

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