The recent RBI guidelines around card tokenisation have raised a number of questions and caused a great deal of confusion and uncertainty. As of July 2022, businesses andpayment gatewayorpayment aggregatorswill no longer be able to save the card data of their customers. However, RBI has presen...
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in 2023, the RBI asked PayU toreapplyfor its payment aggregator (PA) licence due to its complex corporate structure. Thus, it also had to temporarily pause merchant
The very nature of PPIs, especially prepaid cards and e-wallets, is quite similar to that of bank accounts. Only that these PPIs are far more effective, cheaper, and a faster substitute for bank accounts. Merchants can conveniently use these bank-account-like-alternatives to commence many basic...
PIRAMAL ENTERPRISES LIMITED Annual Report 2022-23 "You are what your deep driving desire is. As your desire is, so is your will. As your will is, so is your deed. As your deed is, so is your destiny." A new growth paradigm Brihadaranyaka Upanishad IV.4.5 DIVERSIFIED. RESILIENT. ...
With a neobank, everything is digital. Users can create their accounts on their mobile phones, sitting on their sofas at home. The account is ready to use in a matter of minutes. Tasks that typically require a visit to a physical branch, like depositing a cheque, can be done on the ...
in 2016. We were also the first payment aggregator to launchUPI AutoPayandUPI 2.0 features. Our close partnership with NPCI gives us an extra edge to stay one step ahead of our competitors. Interestingly, Razorpay is also the market leader in P2M (person to merchant) UPI payments in India...
With a neobank, everything is digital. Users can create their accounts on their mobile phones, sitting on their sofas at home. The account is ready to use in a matter of minutes. Tasks that typically require a visit to a physical branch, like depositing a cheque, can be done on the ...