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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.
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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...
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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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Paytm Denies Links With Chinese Loan Merchants After ED Raids on Firms Including Razorpay, CashFree
Paytm on Sunday issued a statement claiming that none of the funds frozen by the Enforcement Directorate (ED) in the Chinese loan app case belongs to it or any of its group firms. The ED earlier conducted raids at premises of online payment gateways over the alleged irregularities in instant app-based loans "controlled" by Chinese persons.
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RBI Extends Deadline to Comply With Card Tokenisation Norms Till September 30
The Reserve Bank of India (RBI) has extended the card-on-file (CoF) tokenisation deadline by three months, changing it from June 30 to September 30. This date has been pushed due to requests received from industry bodies. Card-on-file, or CoF, refers to card information stored by payment gateway and merchants to process future transactions.
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How UX Is Helping Razorpay Push More Online Transactions in India
Razorpay says that focus on its product has helped it to achieve a 25x growth in payment volumes in one year.
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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.
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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...
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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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Paytm Denies Links With Chinese Loan Merchants After ED Raids on Firms Including Razorpay, CashFree
Paytm on Sunday issued a statement claiming that none of the funds frozen by the Enforcement Directorate (ED) in the Chinese loan app case belongs to it or any of its group firms. The ED earlier conducted raids at premises of online payment gateways over the alleged irregularities in instant app-based loans "controlled" by Chinese persons.
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RBI Extends Deadline to Comply With Card Tokenisation Norms Till September 30
The Reserve Bank of India (RBI) has extended the card-on-file (CoF) tokenisation deadline by three months, changing it from June 30 to September 30. This date has been pushed due to requests received from industry bodies. Card-on-file, or CoF, refers to card information stored by payment gateway and merchants to process future transactions.
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How UX Is Helping Razorpay Push More Online Transactions in India
Razorpay says that focus on its product has helped it to achieve a 25x growth in payment volumes in one year.
