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ED Freezes Fresh Deposits Worth Rs. 78 Crore After Raids at Premises of Razorpay, Chinese Loan Apps
The ED on Friday said it has frozen fresh deposits worth Rs. 78 crore following raids at the premises of payment gateway Razorpay and some banks as part of an ongoing money laundering probe against the alleged illegal operations of loan apps "controlled" by Chinese nationals. The searches were carried out at five premises in Bengaluru on October 19...
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RuPay Credit Card UPI Usage: No Charge for Transactions Up to Rs. 2,000, NPCI Says
RuPay credit card Unified Payments Interface (UPI) transactions under Rs. 2,000 will not be charged, as per RBI directions. According to a circular from the National Payments Corporation of India, nil Merchant Discount Rate (MDR) would apply for this category up to the transaction amount less than and equal to Rs 2,000. The NPCI's decision is aimed...
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Airtel Partners Razorpay for UPI Payments on Site and App
Razorpay's payment gateway will process over five million transactions per month on the Airtel website and mobile app, the company has claimed.
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PayU's New EMI Platform Monedo Is Proving to Be Popular When Paying Fees and Buying Mobiles
Wallet turned gateway PayU expands its credit offering from pay-later micro-credit to EMIs for loans up to Rs. 1 lakh. Here's what you need to know.
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MobiKwik Opens 'Power Wallet' API to Retailers
MobiKwik announced Tuesday that it has opened up access to its patent-pending Power Wallet interface.
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PayUbiz Launches 'One Tap' Technology for Payments
PayUbiz uses a combination of four different tech innovations to provide a seamless user experience for mobile payments, the company said.
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ED Freezes Fresh Deposits Worth Rs. 78 Crore After Raids at Premises of Razorpay, Chinese Loan Apps
The ED on Friday said it has frozen fresh deposits worth Rs. 78 crore following raids at the premises of payment gateway Razorpay and some banks as part of an ongoing money laundering probe against the alleged illegal operations of loan apps "controlled" by Chinese nationals. The searches were carried out at five premises in Bengaluru on October 19...
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RuPay Credit Card UPI Usage: No Charge for Transactions Up to Rs. 2,000, NPCI Says
RuPay credit card Unified Payments Interface (UPI) transactions under Rs. 2,000 will not be charged, as per RBI directions. According to a circular from the National Payments Corporation of India, nil Merchant Discount Rate (MDR) would apply for this category up to the transaction amount less than and equal to Rs 2,000. The NPCI's decision is aimed...
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Airtel Partners Razorpay for UPI Payments on Site and App
Razorpay's payment gateway will process over five million transactions per month on the Airtel website and mobile app, the company has claimed.
-
PayU's New EMI Platform Monedo Is Proving to Be Popular When Paying Fees and Buying Mobiles
Wallet turned gateway PayU expands its credit offering from pay-later micro-credit to EMIs for loans up to Rs. 1 lakh. Here's what you need to know.
-
MobiKwik Opens 'Power Wallet' API to Retailers
MobiKwik announced Tuesday that it has opened up access to its patent-pending Power Wallet interface.
-
PayUbiz Launches 'One Tap' Technology for Payments
PayUbiz uses a combination of four different tech innovations to provide a seamless user experience for mobile payments, the company said.
