BUSINESSRBI Asks Razorpay to Pause Onboarding MerchantsadminDecember 17, 2022December 17, 2022 December 17, 2022December 17, 2022 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...
BUSINESSRBI Asks Paytm to Reapply for Payment Aggregator License in 120 DaysadminNovember 26, 2022November 28, 2022 November 26, 2022November 28, 2022 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...
BUSINESSOpen Gets RBI’s In-Principle Approval For Payment Aggregator LicenceadminNovember 14, 2022November 14, 2022 November 14, 2022November 14, 2022 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...
STARTUPSCashfree Receives $35.3 Mn in Latest Funding RoundAmrita ChakravortyNovember 24, 2020November 24, 2020 November 24, 2020November 24, 2020 On Tuesday, Payments solution startup Cashfree said that it has received $35.3 million (around Rs 260 crore) as a part of its Series B funding...