Payment Gateways
- All
- News
- Videos
-
Starlink Hiring for Payments, Tax and Accounting Roles in Bengaluru as Firm Prepares for Launch in India
Starlink recently achieved a new feat by launching its 10,000th satellite in space, after 28 satellites blasted off from Vandenberg Space Force Base in California. A wholly-owned subsidiary of Elon Musk-led SpaceX, the company has been planning to expand its presence across the globe. Now, the company has posted four new job postings in India for i...
-
Fake Payment Gateways, Properties In Spain: Inside Rs 800-Crore Forex Scam
The Enforcement Directorate conducted raids across four cities in connection with a Rs 800 crore scam pertaining to a online forex trading through a OctaFx app and website.
-
Jio Payments is Reportedly Testing Soundbox For Merchants, Could Launch in 2024
Jio Payments is reportedly testing a new product that will mark its expansion into the merchant payments solution segment. The payment gateway and solution arm of the telecom behemoth is working on a soundbox for merchants. The Jio Soundbox will function as an audio payment verification device, similar to devices by Paytm, PhonePe, and BharatPe.
-
3 More Arrested In Connection With ₹ 25 Crore Cyber Fraud Case In Maharashtra
The police in Maharashtra's Thane city have taken into custody three more persons over a financial crime that involved breaching the system of a payment gateway service provider and siphoning off Rs 25 crore.
-
Ferrari Goes Pro-Crypto, Decides to Accept Bitcoin, ETH, USDC Payments for Its Cars
Ferrari will be allowing people in the US to purchase its cars using cryptocurrencies. Bitcoin, Ether, and USD Coin are the cryptocurrencies that have been chosen by the Italian carmaker as acceptable crypto options. BitPay, an app that lets merchants accept crypto payments, has been chosen by Ferrari as its payment gateway that will convert crypto...
-
2 Men Arrested In Connection With Rs 16,180 Crore Fraud: Maharashtra Cops
The police in Maharashtra's Thane city have arrested two persons for their alleged role in a financial crime that involved breaching the system of a payment gateway service provider and siphoning off more than Rs 16,180 crore, an official said.
-
PayPal Moves Delhi High Court Against Order Holding It as ‘Payment System Operator’ Under Money Laundering Law
American online payment gateway PayPal on Wednesday moved the Delhi High Court against an order which ruled that it was a "payment system operator" under the Prevention of Money Laundering Act (PMLA) and has to thus comply with "reporting obligations" under it.
-
Probe Agency Files Chargesheet Against Razorpay In Money Laundering Case
The Enforcement Directorate said it has filed a charge sheet against payment gateway Razorpay, three fintech companies controlled by Chinese nationals, and as many NBFCs and some others in a money laundering probe linked to Chinese loan apps.
-
ED Files Charge Sheet Against Razorpay, Fintech Firms in Money Laundering Probe Linked to Chinese Loan Apps
The Enforcement Directorate Friday said it has filed a charge sheet against payment gateway Razorpay, three fintech companies controlled by Chinese nationals and as many NBFCs and some others in a money laundering probe linked to Chinese loan apps which allegedly cheated numerous people.
-
Razorpay Says No Funds Frozen by ED Following Raids, All Operations Adhere to Regulatory Guidelines
Razorpay on Friday said that the recent Enforcement Directorate (ED) raids were related to an ongoing investigation against a few suspicious entities who conducted illegal business through multiple payment gateways or banks, and that the company had blocked the entities and funds associated with them about 1.5 years ago and shared their details wit...
-
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...
-
Chinese Loan Apps Probe: Funds Worth 78 Crores Frozen In Razorpay, Others
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.
-
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...
-
IIM Bangalore Records 11 Per Cent Rise In CAT 2022 Registration, 6 Per Cent In Category Candidates’
Student-centric changes, initiated by convenor institute IIM Bangalore and the CAT committee, include digital campaigns, test centres in NE, two payment gateways, a non-IIM registration facility and more.
-
Delhi Police Arrests 3 In Over Rs 9 Lakh Cyber Fraud Case
Delhi Police busted a gang of fraudsters and arrested three people involved in cheating people worth Rs 9,85,000 by hacking into servers and payment gateways of a Nagpur-based retail company.
-
Starlink Hiring for Payments, Tax and Accounting Roles in Bengaluru as Firm Prepares for Launch in India
Starlink recently achieved a new feat by launching its 10,000th satellite in space, after 28 satellites blasted off from Vandenberg Space Force Base in California. A wholly-owned subsidiary of Elon Musk-led SpaceX, the company has been planning to expand its presence across the globe. Now, the company has posted four new job postings in India for i...
-
Fake Payment Gateways, Properties In Spain: Inside Rs 800-Crore Forex Scam
The Enforcement Directorate conducted raids across four cities in connection with a Rs 800 crore scam pertaining to a online forex trading through a OctaFx app and website.
-
Jio Payments is Reportedly Testing Soundbox For Merchants, Could Launch in 2024
Jio Payments is reportedly testing a new product that will mark its expansion into the merchant payments solution segment. The payment gateway and solution arm of the telecom behemoth is working on a soundbox for merchants. The Jio Soundbox will function as an audio payment verification device, similar to devices by Paytm, PhonePe, and BharatPe.
-
3 More Arrested In Connection With ₹ 25 Crore Cyber Fraud Case In Maharashtra
The police in Maharashtra's Thane city have taken into custody three more persons over a financial crime that involved breaching the system of a payment gateway service provider and siphoning off Rs 25 crore.
-
Ferrari Goes Pro-Crypto, Decides to Accept Bitcoin, ETH, USDC Payments for Its Cars
Ferrari will be allowing people in the US to purchase its cars using cryptocurrencies. Bitcoin, Ether, and USD Coin are the cryptocurrencies that have been chosen by the Italian carmaker as acceptable crypto options. BitPay, an app that lets merchants accept crypto payments, has been chosen by Ferrari as its payment gateway that will convert crypto...
-
2 Men Arrested In Connection With Rs 16,180 Crore Fraud: Maharashtra Cops
The police in Maharashtra's Thane city have arrested two persons for their alleged role in a financial crime that involved breaching the system of a payment gateway service provider and siphoning off more than Rs 16,180 crore, an official said.
-
PayPal Moves Delhi High Court Against Order Holding It as ‘Payment System Operator’ Under Money Laundering Law
American online payment gateway PayPal on Wednesday moved the Delhi High Court against an order which ruled that it was a "payment system operator" under the Prevention of Money Laundering Act (PMLA) and has to thus comply with "reporting obligations" under it.
-
Probe Agency Files Chargesheet Against Razorpay In Money Laundering Case
The Enforcement Directorate said it has filed a charge sheet against payment gateway Razorpay, three fintech companies controlled by Chinese nationals, and as many NBFCs and some others in a money laundering probe linked to Chinese loan apps.
-
ED Files Charge Sheet Against Razorpay, Fintech Firms in Money Laundering Probe Linked to Chinese Loan Apps
The Enforcement Directorate Friday said it has filed a charge sheet against payment gateway Razorpay, three fintech companies controlled by Chinese nationals and as many NBFCs and some others in a money laundering probe linked to Chinese loan apps which allegedly cheated numerous people.
-
Razorpay Says No Funds Frozen by ED Following Raids, All Operations Adhere to Regulatory Guidelines
Razorpay on Friday said that the recent Enforcement Directorate (ED) raids were related to an ongoing investigation against a few suspicious entities who conducted illegal business through multiple payment gateways or banks, and that the company had blocked the entities and funds associated with them about 1.5 years ago and shared their details wit...
-
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...
-
Chinese Loan Apps Probe: Funds Worth 78 Crores Frozen In Razorpay, Others
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.
-
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...
-
IIM Bangalore Records 11 Per Cent Rise In CAT 2022 Registration, 6 Per Cent In Category Candidates’
Student-centric changes, initiated by convenor institute IIM Bangalore and the CAT committee, include digital campaigns, test centres in NE, two payment gateways, a non-IIM registration facility and more.
-
Delhi Police Arrests 3 In Over Rs 9 Lakh Cyber Fraud Case
Delhi Police busted a gang of fraudsters and arrested three people involved in cheating people worth Rs 9,85,000 by hacking into servers and payment gateways of a Nagpur-based retail company.
