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Prosus NV Terminates $4.7 Billion Deal to Acquire BillDesk Days After CCI Approval
Technology investor Prosus NV has "terminated" a $4.7 billion deal to buy payments platform BillDesk, it said on Monday, adding that conditions had not been met. Prosus announced plans to buy BillDesk in August 2021, saying it would complement its PayU business and strengthen its presence in India, one of Prosus's largest markets.
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PayU India Receives CCI Approval for 100 Percent Acquisition of BillDesk
PayU India payments has received the Competition Commission of India (CCI) approval for the acquisition of 100 percent equity of indiaideas.com (BillDesk). The announcement for acquiring digital payments provider BillDesk at $4.7 billion (about Rs 34,400 crore) initially came from Prosus NV-backed PayU in August last year.
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Auto-Debit Rules From RBI Now Live: Prepare for Some Disruptions to Recurring Online Transactions
New auto-debit rules constructed by the Reserve Bank of India (RBI) came into effect on Friday (October 1). The update is believed to impact lakhs of customers who have already opted for recurring online transactions. Banks and merchants are, however, working hard to follow the norms.
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PayU’s Prosus to Buy Payments Company BillDesk for $4.7 Billion
PayU’s Prosus has agreed to buy payments company BillDesk in a $4.7 billion (roughly Rs. 34,380 crores) deal.
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BillDesk and Visa Bring BharatQR Services to 300 Million Consumers
BharatQR code works with bank apps, and lets people make the payments directly from their accounts by scanning a QR code.
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RBI's Bharat Bill Payment System: What It Will Mean for You
The RBIs proposed Bharat Bill Payment System wants to bring interoperability to payment providers, and make it easier to pay everything from school fees to TV top ups, but will it deliver?
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Prosus NV Terminates $4.7 Billion Deal to Acquire BillDesk Days After CCI Approval
Technology investor Prosus NV has "terminated" a $4.7 billion deal to buy payments platform BillDesk, it said on Monday, adding that conditions had not been met. Prosus announced plans to buy BillDesk in August 2021, saying it would complement its PayU business and strengthen its presence in India, one of Prosus's largest markets.
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PayU India Receives CCI Approval for 100 Percent Acquisition of BillDesk
PayU India payments has received the Competition Commission of India (CCI) approval for the acquisition of 100 percent equity of indiaideas.com (BillDesk). The announcement for acquiring digital payments provider BillDesk at $4.7 billion (about Rs 34,400 crore) initially came from Prosus NV-backed PayU in August last year.
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Auto-Debit Rules From RBI Now Live: Prepare for Some Disruptions to Recurring Online Transactions
New auto-debit rules constructed by the Reserve Bank of India (RBI) came into effect on Friday (October 1). The update is believed to impact lakhs of customers who have already opted for recurring online transactions. Banks and merchants are, however, working hard to follow the norms.
-
PayU’s Prosus to Buy Payments Company BillDesk for $4.7 Billion
PayU’s Prosus has agreed to buy payments company BillDesk in a $4.7 billion (roughly Rs. 34,380 crores) deal.
-
BillDesk and Visa Bring BharatQR Services to 300 Million Consumers
BharatQR code works with bank apps, and lets people make the payments directly from their accounts by scanning a QR code.
-
RBI's Bharat Bill Payment System: What It Will Mean for You
The RBIs proposed Bharat Bill Payment System wants to bring interoperability to payment providers, and make it easier to pay everything from school fees to TV top ups, but will it deliver?
