RBI Asks Razorpay to Pause Onboarding Merchants
Fintech giant Razorpay has been asked by the Reserve Bank of India (RBI) to pause the onboarding of new online payment merchants after the central...
Tag : BillDesk
RBI Asks Paytm to Reapply for Payment Aggregator License in 120 Days
On November 26, Paytm informed exchanges that the Reserve Bank of India (RBI) had asked to Paytm Payment Services (PPSL) to reapply for the payment...
Open Gets RBI’s In-Principle Approval For Payment Aggregator Licence
Open, a new business-to-business banking platform, has received in-principle approval from the Reserve Bank of India (RBI) for a Payment Aggregator (PA) license, the company...
Naspers-owned Prosus Ends $4.7 Billion Deal of Acquiring BillDesk
The biggest M&A, i.e. Merger & Acquisition deal in the Indian FinTech space, has been entitled tainted Naspers-owned Prosus has terminated the $4.7 billion deal,...
Prosus Terminates PayU’s $4.7 Bn Acquisition of BillDesk
On Monday, Netherlands-based Prosus NV, the parent company of PayU Payments, said it had terminated the deal to acquire Indian payment aggregator BillDesk. It is...
Proses Acquires Billdesk For $4.7 Billion
Prosus NV announced that it had bought 100 per cent of the Indian payments platform Billdesk for $4.7 billion. Prosus said Billdesk would accompany its...
Six Consortiums Apply to RBI for NUE Licence
Six consortiums, including those led by Reliance Industries, Tata Group, and Axis-ICICI Bank, submitted applications to the Reserve Bank of India (RBI) to set up...