Startups Having Headquarters Outside India Are Planning To Shift To India
Razorpay, a digital payments firm valued at USD 7.5 billion, is expediting its plans to move its registered office from the US to India. To...
Tag : Razorpay
Razorpay Launches Instant Refunds Feature for Failed UPI Transactions
On Monday, Razorpay launched an ‘instant refunds’ feature on failed unified payments interface (UPI) transactions in the country. The fintech platform said that the solution...
Razorpay Acquires BillMe to Empower Businesses and Customers
Payment and banking platform Razorpay on 12 September announced that it had acquired BillMe, a Mumbai-based startup specialising in digital invoicing and customer engagement. Any...
Razorpay Joins ONDC to Offer Payment Solution Services to Buyers, Sellers
Primarily business-oriented fintech platform Razorpay said it would join the government’s e-commerce project, the Open Network for Digital Commerce (ONDC). The payment solutions provider backed...
PE Fund Chryscapital Eyes $100 Million Capital in Lenskart
According to media reports, omnichannel eyewear merchant Lenskart is discussing with private equity fund ChrysCapital to raise $100 million (Rs 828 crore). The talks on...
RazorpayX Launches FX Service for Founders to Empower 1,000 Startups
RazorpayX, the merchant banking platform of fintech firm Razorpay, announced on Monday its foray into a new product line called “FX Services for Start-ups.” To...
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...
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...
PhonePe Tokenises 14 Million Cards Ahead of RBI’s September 30 Deadline
PhonePe said Thursday that it had flagged 14 million credit and debit cards on its platform by the Reserve Bank of India’s (RBI) information security...