Card issuing · Asia-Pacific
Does Rain work in India?
Rain is limited for businesses registered in India: access is invite-only, in beta, restricted to part of the product set, or limited in what can be sent or received.
What a business in India can use
Rain’s products, for a company incorporated in India.
Rain does not offer this.
Rain does not offer this.
Rain does not offer this.
Virtual and physical cards funded from stablecoin balances, for consumers or businesses, with issuing, processing and program management under one contract.
Cards settle in USDC, and users can spend from custodial or self-custodial wallets on major chains.
Rain does not offer this.
Rain issues as a principal card network member, without a sponsor bank, and reports card programs in 100+ countries. Whether a program can launch depends on where the company and its cardholders are.
Onboarding confidence: low. Source: Rain cards. Everything about Rain
Alternatives in India
Other providers that serve businesses registered there.
Accept payments
Multi-currency account
Business cards
Stablecoins
Yield on idle cash
Selling to India
How people there prefer to pay online.
- 1UPI
- 2RuPay / Visa / Mastercard
- 3Net banking
- 4Paytm / PhonePe
Stablecoin rules in India
There is no framework, so the legal position is uncertain.
Rain’s stablecoin products are available to businesses here.
Common questions
Does Rain work in India?
Partly. Rain is limited for businesses registered in India: access is invite-only, in beta, restricted to part of the product set, or limited in what can be sent or received.
Which Rain products can a business in India use?
business cards and stablecoins, with limits.
What are the alternatives to Rain in India?
Providers that onboard businesses registered in India: Adyen, Payoneer and dLocal. With limits: Stripe, PayPal, Bridge and BVNK.
Can a business in India use Rain for stablecoins?
Yes, according to our data. Stablecoin rules in India: Unclear (elevated risk). There is no regulatory framework. Crypto is taxed heavily (30% on gains, 1% withheld on transfers), and the RBI is sceptical of private stablecoins.
Rain elsewhere in Asia-Pacific