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Razorpay Co-Founder Responds After Viral Clip Shows Payment Device Scam: 'We Will Disable'
Razorpay founder Shashank Kumar responded to the scam by announcing a software update to restrict gallery access on payment devices.
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OpenAI Plans to Launch Automated 'AI Researcher' For Autonomous Scientific Discoveries by 2028
OpenAI, as part of its plans to achieve artificial general intelligence (AGI) capabilities, will launch an Automated AI Research tool by March 2028. This will be capable of making autonomous scientific discoveries. The company also plans to reduce the time an AI agent takes to generate answers to queries, dubbed test time compute. By September 2026...
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[Explained] How OpenAI, NPCI Tie-Up Will Soon Let You Make UPI Payments on ChatGPT
Razorpay, in partnership with OpenAI and NPCI, has announced agentic AI-powered UPI payments on ChatGPT. The pilot project will let users place and pay for grocery orders via chat using AI agents that connect to UPI and vendor systems. While the feature promises convenience, experts highlight privacy and data security concerns.
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Razorpay Partners OpenAI, NPCI to Launch Agentic Payments at Global Fintech Fest 2025
Razorpay and OpenAI, along with National Payments Corporation, are coming together to bring "India's first agentic payments" solution to the country. Using the company's payments stack, people will soon be able to search, explore, and buy groceries and other products directly through the artificial intelligence (AI)-powered chatbot. Currently, the ...
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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.
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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.
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Payment Platform Razorpay Told To Stop Acquiring New Customers
The Reserve Bank of India has asked Razorpay and Cashfree to temporarily stop the onboarding of new customers for their payment processing business, according to a source.
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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...
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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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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.
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ED Freezes Funds Worth Rs. 46.67 Crore Kept in Payment Gateways Easebuzz, Razorpay, Cashfree, and Paytm: Report
The Enforcement Directorate (ED) reportedly conducted raids at premises of online payment gateways including Easebuzz, Razorpay, Cashfree, and Paytm this week over the alleged irregularities in instant app-based loans. The central agency has reportedly seized Rs. 46.67 crore worth of funds kept in various bank accounts and virtual accounts.
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Chinese Loan Apps Probe: Funds Worth Rs 46 Crore Frozen In Paytm, Razorpay, Others
The Enforcement Directorate today said it has frozen Rs 46.67 crore worth funds kept in payment gateways Easebuzz, Razorpay, Cashfree and Paytm after it carried out raids this week against Chinese-controlled loan apps and investment tokens.
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Paytm, Razorpay Searched In Bengaluru In Probe Into Chinese Loan App
The Enforcement Directorate searched the premises of online payment companies including Razorpay Pvt Ltd, Cashfree Payments and Paytm Payment Services Ltd. as part of a probe into a Chinese loan app.
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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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Paytm, Other Payment Gateways Searched In Chinese Loan Apps Case
The Enforcement Directorate on Saturday said it conducted raids at premises of online payment gateways such as Razorpay, Paytm and Cashfree in Bengaluru as part of a money laundering case against some instant app-based loan dishing entities.
![[Explained] How OpenAI, NPCI Tie-Up Will Soon Let You Make UPI Payments on ChatGPT](https://i.gadgets360cdn.com/large/robots_unsplash_mohamed_nohassi_1745324440293.jpg?downsize=260:195 "[Explained] How OpenAI, NPCI Tie-Up Will Soon Let You Make UPI Payments on ChatGPT")
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Razorpay Co-Founder Responds After Viral Clip Shows Payment Device Scam: 'We Will Disable'
Razorpay founder Shashank Kumar responded to the scam by announcing a software update to restrict gallery access on payment devices.
-
OpenAI Plans to Launch Automated 'AI Researcher' For Autonomous Scientific Discoveries by 2028
OpenAI, as part of its plans to achieve artificial general intelligence (AGI) capabilities, will launch an Automated AI Research tool by March 2028. This will be capable of making autonomous scientific discoveries. The company also plans to reduce the time an AI agent takes to generate answers to queries, dubbed test time compute. By September 2026...
-
[Explained] How OpenAI, NPCI Tie-Up Will Soon Let You Make UPI Payments on ChatGPT
Razorpay, in partnership with OpenAI and NPCI, has announced agentic AI-powered UPI payments on ChatGPT. The pilot project will let users place and pay for grocery orders via chat using AI agents that connect to UPI and vendor systems. While the feature promises convenience, experts highlight privacy and data security concerns.
-
Razorpay Partners OpenAI, NPCI to Launch Agentic Payments at Global Fintech Fest 2025
Razorpay and OpenAI, along with National Payments Corporation, are coming together to bring "India's first agentic payments" solution to the country. Using the company's payments stack, people will soon be able to search, explore, and buy groceries and other products directly through the artificial intelligence (AI)-powered chatbot. Currently, the ...
-
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.
-
Payment Platform Razorpay Told To Stop Acquiring New Customers
The Reserve Bank of India has asked Razorpay and Cashfree to temporarily stop the onboarding of new customers for their payment processing business, according to a source.
-
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.
-
ED Freezes Funds Worth Rs. 46.67 Crore Kept in Payment Gateways Easebuzz, Razorpay, Cashfree, and Paytm: Report
The Enforcement Directorate (ED) reportedly conducted raids at premises of online payment gateways including Easebuzz, Razorpay, Cashfree, and Paytm this week over the alleged irregularities in instant app-based loans. The central agency has reportedly seized Rs. 46.67 crore worth of funds kept in various bank accounts and virtual accounts.
-
Chinese Loan Apps Probe: Funds Worth Rs 46 Crore Frozen In Paytm, Razorpay, Others
The Enforcement Directorate today said it has frozen Rs 46.67 crore worth funds kept in payment gateways Easebuzz, Razorpay, Cashfree and Paytm after it carried out raids this week against Chinese-controlled loan apps and investment tokens.
-
Paytm, Razorpay Searched In Bengaluru In Probe Into Chinese Loan App
The Enforcement Directorate searched the premises of online payment companies including Razorpay Pvt Ltd, Cashfree Payments and Paytm Payment Services Ltd. as part of a probe into a Chinese loan app.
-
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.
-
Paytm, Other Payment Gateways Searched In Chinese Loan Apps Case
The Enforcement Directorate on Saturday said it conducted raids at premises of online payment gateways such as Razorpay, Paytm and Cashfree in Bengaluru as part of a money laundering case against some instant app-based loan dishing entities.
