Why Payment Companies Are Choosing India's GIFT City GIFT City, a Special Economic Zone (SEZ) in Gujarat, India, has become an attractive destination for payment companies from around the world.
This phenomenon is not unique to payment companies alone; several global financial institutions have already set up shop in GIFT City. So, what makes this Indian SEZ so appealing?
Setting Up Shop in India: Key Benefits for Foreign Payment Companies The competitive tax regime in GIFT City is a primary reason payment companies are drawn to it.