Indian exporters look abroad to manage payment risks

He said there are three general reasons for this: Some industries, including crypto platforms, social media apps, dating apps and video calling businesses, are creating alternative operating structures as a hedge against regulatory uncertainty; Consumer internet companies expanding into Southeast Asia need local entities to access local payment methods; and many software and software-as-a-service (SaaS) startups want access to global payments firms like Stripe that do not operate in India.