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Shoppers need not stop: Dynamics of in-store payments is being rewritten

In March this year, Worldline India launched Vabox (Voice Alert Box): merchants will now get instant audio alerts on the settlement of UPI (Unified Payments Interface) payments via QR codes in languages of their choice when customers check out. They needn t worry whether the amount has been credited to their account, says Gulshan Pruthi, the firm s executive vice-president. The French payments giant will roll out 500,000 Vaboxes in the initial phase.

Domestic markets open flat in morning trade

HDFC Bank picks 7 75% stake in fintech start-up Mintoak for Rs 31 crore

Mintoak is a fintech start-up that offers a payments-led platform with many value-added services so that merchants can connect with their customers. The acquisition deal is likely to be completed by January 31, 2023.

Raman Khanduja, Co founder and CEO, MintOak Innovations

The go-to-market combines the brand, trust and distribution of the bank with Mintoakā€™s API first, cloud native platform to seamlessly deliver payment acceptance, commerce enablement solutions and financial services for the merchant in one place to create ecosystem platform and not just payments platform.

Stocks To Watch In Trade Today (August 23, 2021): Cadila Healthcare, Infosys, HDFC Bank

Stocks To Watch In Trade Today (August 23, 2021): Cadila Healthcare, Infosys, HDFC Bank
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