New Delhi [India], November 29 (ANI/PNN): MargERP Limited celebrated its 30th Annual Day function in New Delhi at Marg House and virtually as well with its global partners and teams via YouTube.
As the Reserve Bank of India (RBI) directed Paytm Payment Services Limited, a subsidiary of Paytm, to reapply for a payment aggregator license in 120 days, analysts have said that the move will not have any impact on Paytm and they believe the company will deliver robust growth.
Islamabad's foreign exchange crisis has worsened as reserves have been depleted to a critical low of USD 8 billion, compared to over USD 20 billion in August 2021, undermining the country's ability to make international payments.
The fintech company said that it has received a letter from the Reserve Bank of India in response to an application from its subsidiary for the authorization to provide payment aggregator services for online merchants.
Mumbai (Maharashtra) [India], November 24 (ANI/NewsVoir): IDFC FIRST Bank has launched FIRSTAP, the country's first sticker-based debit card, in association with National Payments Corporation of India (NPCI), to facilitate transactions by simply tapping the sticker on a Near Field Communicat
Paytm Payments Bank being an issuer and payment service provider bank in itself along with being an acquirer of UPI transactions on its own platform, makes it the source and destination for all of its transactions. So, it effectively serves the customer end-to-end in a transaction.
The payments bank said the new facility would help business correspondents (BCs) of the bank to open an account just by undertaking face authentication through electronic know-your-customers (e-KYC).
Bengaluru (Karnataka) [India], November 21 (ANI/NewsVoir): Razorpay, India's leading full-stack Payments and Banking Platform for Businesses has been awarded as the Startup of the Year at the 6th The Economic Times' ET Startup Awards 2022.
In order to promote the Digital India initiative, All India Institute of Medical Sciences (AIIMS), New Delhi is initiating all-digital payments starting April 2023, at all counters, said AIIMS in a statement.
New Delhi [India], November 16 (ANI/PRNewswire): PayU unveiled its Insights Report - Festive edition today which compares digital payment transaction trends on the PayU platform between the festive seasons of 2021 and 2022*. 2022 saw a 64 per cent increase in expenditure & 31 per cent in
Kenya is going through an economic emergency due to mounting Chinese debts leading many to believe that the successive Kenyan governments have over-borrowed for over-priced projects.