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Industry insiders told us that while new PoS terminals are still being deployed, its mostly in organised and large format retail, which offer all payment forms. However, grocery shops, smaller stores and eateries are tilting towards QR code-based UPI transactions. ....
Cred has received in-principle approval from the RBI for the payment aggregation business. Once the final approval is granted, Cred can expand its merchant payments business. Read more about this development in the fintech industry. ....
Cred gets RBI's in-principle approval for payment aggregator business thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Happy Wednesday! Razorpay, Cashfree, PayGlocal and other fintech startups are seeking a licence for facilitating cross-border payments from the RBI. This and more in todays ETtech Morning Dispatch. ....
Innoviti, Vegaah, and Concerto Software secured RBI s online payment aggregator license. CCAvenue from Infibeam Avenues also received the license, offering unified payment experience and omnichannel service. ....