BUSINESSRBI Asks Razorpay to Pause Onboarding MerchantsNileshDecember 17, 2022December 17, 2022 by NileshDecember 17, 2022December 17, 202202822 Fintech giant Razorpay has been asked by the Reserve Bank of India (RBI) to pause the onboarding of new online payment merchants after the central...
BUSINESSRBI Asks Paytm to Reapply for Payment Aggregator License in 120 DaysNileshNovember 26, 2022November 28, 2022 by NileshNovember 26, 2022November 28, 202203349 On November 26, Paytm informed exchanges that the Reserve Bank of India (RBI) had asked to Paytm Payment Services (PPSL) to reapply for the payment...
BUSINESSOpen Gets RBI’s In-Principle Approval For Payment Aggregator LicenceNileshNovember 14, 2022November 14, 2022 by NileshNovember 14, 2022November 14, 202201830 Open, a new business-to-business banking platform, has received in-principle approval from the Reserve Bank of India (RBI) for a Payment Aggregator (PA) license, the company...
STARTUPSCashfree Receives $35.3 Mn in Latest Funding RoundAmrita ChakravortyNovember 24, 2020November 24, 2020 by Amrita ChakravortyNovember 24, 2020November 24, 20200794 On Tuesday, Payments solution startup Cashfree said that it has received $35.3 million (around Rs 260 crore) as a part of its Series B funding...