How can an India-based prop firm accept international payments?
Quick answer
Options include an overseas entity with its own payment processor, a high-risk card processor that accepts prop firms, crypto payment gateways, and merchant-of-record services where they accept the business. Money flowing into India from abroad is export income with banking and reporting requirements, so plan the flow with a chartered accountant.
Detailed answer
General information, not legal, tax or regulatory advice. Rules differ by country and change over time; confirm your position with a qualified professional before acting on it.
Common setups:
- Overseas entity plus processor: the evaluation business sits in another jurisdiction with its own merchant account.
- High-risk card processors: some accept prop firms with reserves and higher fees.
- Crypto gateways: used widely in the industry, with their own compliance checks.
- Domestic methods such as UPI: suitable only where serving Indian customers is legally sound for your product.
Points to settle:
- Which entity receives the money.
- How funds reach an Indian bank account, and the documentation banks require for export proceeds.
- GST and income tax treatment.
PropExecutor does not process your traders' payments, so you can use whichever compliant provider fits your structure. This is general information, not legal advice.
Keep records
Banks may ask for invoices and service descriptions for incoming foreign payments, so keep each sale documented with its customer country and product.
Agree the structure with your chartered accountant before the first sale, not after.
PropExecutor team · Updated
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