Emirates NBD ties-up with Axis Bank, Empays PaymentEmirates NBD has tied up with Axis Bank and Empays Payment Systems to facilitate transfer of money directly into registered mobile numbers ...
Banks to allow cardless withdrawals at 1 lakh ATMs by year-endLenders such as Bank of India and Kotak Mahindra Bank already allow customers to remit funds to anyone with a mobile phone.
Empays' instant money transfer service gets RBI stamp"The Reserve Bank has awarded the IMT payment system certificate of authorisation under the Payments and Settlements Act 2007," Empays said.
Empays Payment mulls raising $10 mn in VC fundingEmpays provides an instant money transfer service that allows consumers to remit money to any recipient using their mobile numbers.
Indian startups emerge as preferred partners of country's banking sectorThese services range from big data analytics and facilitating instant money transfers to reaching out to India’s rural and semi-urban popul...
- Govt clears 17 FDI proposals worth Rs 262.56 cr
Govt said it has cleared 17 FDI proposals totalling Rs 262.56 crore, including that of Sanofi-Synthelabo (India).
Government mulling proposal to slash charges on credit card defaultsThe government is considering a proposal to slash charges imposed by banks on credit card payment defaults to make it more affordable.