Payments & Banking Technology · Commission-only · India ↔ EU
55Payments & Banking Technology — India to EU
India's UPI (Unified Payments Interface) is the world's largest real-time payment system — 10B+ transactions monthly. Indian payment technology, banking software, and RegTech companies are entering EU markets.
UPI InternationalSWIFTISO 20022PSD2Open BankingCore BankingFintech APIRegTechWealthTechInsurTechNPCI InternationalRuPay Global
USD 3B+ Indian payments and banking technology exports — corPayments & Banking Technology — India Export Value
+30% CAGR for Indian payment and banking technology exports
FTA duty impact
Technology services — no tariffs. EU PSD2, GDPR, and financial regulatory compliance are key market entry requirements for Indian payment technology companies.
Bilateral trade flow
India ↔ EU · the directions.
India to EU (Exports)
Core banking software (Infosys Finacle — 1 billion+ bank accounts worldwide), payment processing platforms, open banking APIs, RegTech compliance tools, digital banking white-label solutions
EU to India (Imports)
EU payment infrastructure (SEPA, Swift), EU core banking systems, EU open banking aggregators
Sector risk framework
Risks · assessment · mitigation.
Risk
Assessment
Mitigation
Market access and regulatory compliance
Medium / Medium
Engage EU-qualified compliance advisors and ensure all documentation meets destination market requirements.
Composite intelligence scores across seven dimensions · Updated April 2026 · Data sourced from bilateral trade statistics, EU Commission, MCI India, UNCTAD, and principal commercial experience.
Strategic Position
↑ Rising↑ Accelerating
⏱ Typical first deal: 9 months
Trade Corridor Heat
India → EU72/100
EU → India68/100
Dimension Detail
Market Size75
Growth Rate85
Entry Ease52
Regulatory Safety45
Market Openness38
Commission Yield82
FTA Boost72
Costing Intelligence
EU Import Duty (avg)0% (services)
CBAM ExposureExempt
Typical Commission3–5% transaction value
Incoterm (typical)N/A
Working Capital Cycle1 days
Deal Count (target/yr)3
Data UpdatedApril 2026
Logistics Efficiency98/100
Compliance Simplicity40/100
Scores explained: All 0–100. Higher = more favourable. Entry Ease: 100 = no barriers. Regulatory Safety: 100 = low risk. Market Openness: 100 = low intermediary competition.
Multilateral Corridor Comparison — Global Overlay
Six global trade corridors plotted simultaneously on one radar. Outer polygon = stronger opportunity. Use this to compare which markets to prioritise for principal origination, route selection and mandate structuring.
India–EU bilateral trade data alongside India's total global export position — and how India ranks as an EU supplier vs the world's top competing nations.
India ↔ EU · Bilateral
India → EU ExportsUSD 2,200M
EU → India ImportsUSD 3,500M
Trade Balance−USD 1,300M
Bilateral CAGR22.5%
EU's share of India's total exports: 29.3%
India · Global Picture
Total India ExportsUSD 7,500M
Total India ImportsUSD 14,500M
India World Share2.8%
Non-EU Opportunity70.7% of exports
India in EU Market
EU Market Share4.5% of EU imports
EU Supplier Rank#5 supplier
Trend↑ Gaining share
FTA est.: Rank #3 within 3 yrs of India-EU FTA implementation.
EU Market Share — India vs Top Competitors (% of EU imports in this vertical)
Competitive Intelligence — India vs Competing Nations in the EU Market
EU import market share by supplier nation. India's trajectory vs key competitors for this vertical. Source: UN Comtrade · Eurostat 2023/2024.
Supplier Nation
EU Share
Trend
India Edge / Context
Share Bar
USA
28.5%
→
Stripe/PayPal/Swift
UK
15.5%
↑
London fintech
Singapore
10.5%
↑
MAS hub
India ⭐
4.5%
↑
—
EU/NL
6.5%
→
Amsterdam hub
India currently ranks #5 among EU suppliers for this vertical — trend: gaining. India-EU FTA expected to improve rank by 2–3 positions within 3 years.
India-EU FTA Duty Saving Estimator
Indicative duty savings when India-EU FTA enters into force (target 2026+). Current EU MFN duty: 0% (services). FTA target: 0% (phased).
On USD 1M FOB
Nil
annual duty saving
On USD 5M FOB
Nil
annual duty saving
On USD 10M FOB
Nil
annual duty saving
FTA saving = EU MFN duty × shipment value. Applies when India-EU FTA is in force. Phased tariff schedules may reduce Year 1 saving vs full rate. Use the FTA Savings Estimator tool for HS-code specific calculations.
Every Direction. Every Configuration. Commission-Only.
Not just bilateral India↔EU. AJG brokers all directions — Unilateral, Bilateral, Trilateral, Multilateral.
Each route below is an active mandate configuration we work across both principals.
TRILATERAL
India → UAE → EU
Via: Dubai JAFZA
UAE CEPA gives 0% duty for Indian goods into UAE. UAE-EU trade then routes finished goods to Europe. Significant duty + logistics advantage.
💡 8–15% duty saving on select HS codes vs direct India→EU