Skyline Digital announces new local payment rails for SAR, INR, and AED

As part of our ongoing mission to provide truly global crypto-to-fiat infrastructure, Skyline Digital has launched local currency payment rails for Saudi Riyal (SAR), Indian Rupee (INR), and UAE Dirham (AED). With these rails, clients can now send payments via native domestic networks, unlocking faster, more cost-effective, and more compliant flows across key growth markets.

Local payment rails are networks that enable customers to transact in through a country’s domestic banking, a vital lever for financial efficiency and risk mitigation. Traditional cross-border transfers often rely on correspondent banking or multi-hop foreign-exchange (FX) rails, which introduce latency, cost, and reconciliation complexity.

As Skyline Digital expands globally, we are building a single platform that adapts to different markets. By adding SAR, INR, and AED rails, we are empowering high-net-worth individuals and businesses, especially those operating in Web3, fintech, and global treasury, to tap on-the-ground liquidity. This means faster settlement, reduced FX friction, greater transparency, and tighter alignment with local banking partners and regulations.

Why these new local rails matter

• SAR (Saudi Riyal): According to SAMA’s 2023 Payments Usage Study, Saudi Arabia saw ~17.2 billion payment transactions totaling SAR 18.75 trillion, reflecting strong digital adoption across retail and corporate segments. In contrast, businesses generated 7.7% of the payment volume, while the government sector contributed only 0.3%.
  
• INR (Indian Rupee): India remains the world’s top remittance destination, with an estimated $129 billion in inflows in 2024. And according to a PwC report, even today, cross-border payment costs into India remain relatively high, with a projection of growth for the future.
  
• AED (UAE Dirham): The UAE’s instant system Aani processed 64.1 million transactions worth AED 164.7 billion in 2023 (representing an increase from the previous year), highlighting rapid domestic payments growth.

Having native access to these networks lets Skyline Digital clients move funds faster and more predictable, while ensuring compliance with local laws and regulations. All of this within a unique, all-in-one platform.

Key characteristics of SAR, INR, and AED

While these three currencies share some dynamics (e.g., remittance-driven flows and Gulf links), their infrastructures and rules differ:

SAR (Saudi Arabia)

‍Significant remittance and wage activity (expatriate workforce). Domestic rails operate under SAMA oversight, with growing digitization in payroll and consumer payments.

INR (India)

‍A sophisticated domestic ecosystem (UPI, IMPS, NEFT/RTGS). Cross-border INR flows require careful onboarding, FX handling, and RBI compliance (e.g., remittance rules and documentation).

AED (UAE)

‍Advanced, real-time infrastructure. Aani supports instant payments, WPS supports high-frequency salary payments, and institutional transfers are well-established. AED's USD peg can reduce FX volatility, though local banking relationships and message standards remain critical.

How Skyline Digital clients use these local rails

1. Account setup: Add a local-currency account (SAR, INR, or AED) in your Skyline Digital dashboard. This account is linked to a local bank or payout partner that supports domestic payment networks.
   
2. Creating a payment: When sending funds, choose SAR, INR, or AED, select the local rail, add beneficiary bank details (or pick a saved counterparty), enter the amount and reference/remittance info. Alternatively, you can upload an invoice, which will fill in the required fields automatically.
   
3. Funding & execution: Skyline Digital handles the crypto-to-fiat conversion and routes the payment through the appropriate domestic system. Local rails typically improve settlement speed and reconciliation thanks to structured data.
   
4. Reporting & reconciliation: Track all transactions in your Skyline Digital dashboard. Export detailed payment reports, including local transaction identifiers, to sync with ERP/treasury systems, using the Account Statement feature.

Benefits for Skyline Digital’s clients

The introduction of local SAR, INR, and AED rails unlocks significant advantages:

Lower cost & latency

‍Local rails avoid multiple correspondent banks, reducing counterparty fees and settlement times while simplifying payments flows.

Better liquidity management

‍Holding a local-currency account means you can receive, hold, and disburse in that currency, minimizing unnecessary FX conversion and extra complexities.‍

Enhanced compliance & transparency

‍Domestic payment networks support local regulatory and audit requirements, as payments flow through known banking rails.‍

Stronger relationships in key markets

‍For Web3 firms, fund managers, or high-net-worth clients operating in or with exposure to the Gulf and India, these rails open more seamless capital flows.‍

Scalability

‍Whether you’re paying employees, partners, or ecosystem counterparties, using local rails scales more elegantly than cross-border legacy methods.

Conclusion

By rolling out native SAR, INR, and AED payment rails, Skyline Digital is making a bold step forward in building a global crypto-to-fiat infrastructure that truly meets the needs of modern, cross-border individuals and businesses. These new options give our clients the speed, cost-efficiency, and regulatory alignment they need to operate at scale in pivotal markets. 

Whether you're managing payroll, treasury, or remittance-heavy operations, Skyline Digital now offers you a more powerful, localized way to move value in the currencies that matter, through an all-in-one exclusive platform. If you’re interested in enabling these rails on your account, reach out to our team: we’d be happy to walk you through the process.

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This article was written by Skyline Digital for educational purposes only and does not in any way constitute investment advice.

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