Live Breaking News & Updates on புதியது குடை நிறுவனம்|Page 8

Stay updated with breaking news from புதியது குடை நிறுவனம். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Paytm, Ola join forces to apply for NUE licence- Business News


Paytm, Ola join forces to apply for NUE licence
Paytm founder and Chief Executive Officer Vijay Shekhar Sharma said the company sees the NUE system to play out as a great opportunity for payments in the country
PTI | March 9, 2021 | Updated 23:38 IST
Representational Image
Paytm on Tuesday said it is applying for NUE (New Umbrella Entity) in a consortium with players including ride hailing platform Ola, as part of its efforts to develop more innovative and inclusive digital payments solutions for the Indian population.
Speaking to PTI, Paytm founder and Chief Executive Officer Vijay Shekhar Sharma said the company sees the NUE system to play out as a great opportunity for payments in the country. ....

Bharti Airtel , Vijay Shekhar Sharma , Axis Bank , Indian Bank Association , Tata Group , Kotak Mahindra Bank , Reliance Industries , New Umbrella Entity , Chief Executive Officer Vijay Shekhar Sharma , Reserve Bank , Companies Act , Settlement Systems Act , White Label Pos , Jio Platforms , பாரதி ஏர்டெல் , விஜய் சேகர் ஷர்மா , அச்சு வங்கி , இந்தியன் வங்கி சங்கம் , டாடா குழு , கோட்டக் மஹிந்திரா வங்கி , நம்பகத்தன்மை தொழில்கள் , புதியது குடை நிறுவனம் , தலைமை நிர்வாகி அதிகாரி விஜய் சேகர் ஷர்மா , இருப்பு வங்கி , நிறுவனங்கள் நாடகம் , தீர்வு அமைப்புகள் நாடகம் ,

New Umbrella Entity: Everything you need to know about NPCI's potential rival(s)


March 8, 2021
Some of India’s leading startups, fintechs, large banks and corporates, alongside a few  global financial giants and tech companies, have come together, all to grab a piece of India’s burgeoning payments market. Soon, the Reserve Bank of India (RBI) may grant some of them their wish to build and scale new ways for Indian consumers to transact.
While cash remains the dominant form of making transactions in the country, over the last few years the number of consumers and merchants transacting digitally has grown exponentially. This has to do with two factors one the falling cost of data and access to smartphones which enable digital transactions and the second, the increased access to financial services like bank accounts and credit.  According to Credit Suisse, digital payments in India now clock an annual payment run-rate of $450 billion and constitute 30% of all retail transactions from 10% in 2018. ....

Axis Bank , Tata Group , Indusind Bank , National Automated Clearing House , National Payments Corporation Of India , Kotak Mahindra Bank , Reliance Industries , Fastag Or National Electronic Toll Collection , Credit Suisse , Indian Bank Association , Ola Financial Services , National Financial , National Stock Exchange , Reserve Bank , National Payments Corporation , Payments Interface , Bill Payments , National Electronic Toll Collection , Automated Clearing House , Payment System , Financial Switch , Truncation System , New Umbrella Entity , Policy Paper , New Retail Payment , Settlement System Act ,