Payments body seeks MDR return; Turkey opposition X-ed outThe Payments Council of India has sought the return of a merchant discount rate (MDR) for large merchants. This and more in today’s ETtech ...
24 Mar, 2025, 07.35 PM IST
US holiday spending on buy now, pay later to hit record due to debt-laden shoppersU.S. shoppers are projected to spend a record $18.5 billion using buy now, pay later services for holiday purchases in the last quarter of ...
25 Sep, 2024, 05.53 PM IST
Rapido's GST hurdle; Byju’s-BCCI settlementRide-hailing app Rapido has been held liable to pay goods and services tax (GST) for its cab service. This and more in today’s ETtech Top 5.
30 Jul, 2024, 07.59 PM IST
Why India is no fan of buy now, pay later planThe RBI doesn’t have a problem with 90-second credit. The regulator was even willing to let nonbank finance companies, or NBFCs, retain the...
28 Jun, 2022, 07.05 AM IST
Revolut makes first acquisition in India through money transfer firm Arvog ForexThe acquisition will strengthen Revolut’s foundation in India and accelerate its plans to offer remittance and forex services to Indian cus...
12 Feb, 2022, 08.11 AM IST
UK fintech giant Revolut invests Rs 340 crore in India opsThe investments are for Revolut’s first cross-border remittance product in India, which it plans to launch in the second half of 2022. The ...
07 Feb, 2022, 06.13 PM IST
Buy now, pay later loans may soon play bigger role in credit scoresThe credit-rating companies argue that reporting of on-time payments can help shoppers build a credit history. But consumer experts note th...
02 Jan, 2022, 10.59 AM IST
Jupiter in talks for $100-million funding, valuation may doubleThis comes just three months after Jupiter, founded by Jitendra Gupta — who had founded Citrus Pay and later sold it to Prosus fintech arm ...
02 Nov, 2021, 07.46 AM IST
QED, Sequoia and Tiger circle Jupiter; Carlyle, others to dilute stakes in Delhivery IPOIndia's neobanks, like all other tech startups, have been on a roll in 2021.
02 Nov, 2021, 06.49 AM IST
Consumers and companies are buying in on paying laterThe option to buy now and pay later has soared in popularity, accelerating last year as consumers bought almost everything online at the st...
04 Sep, 2021, 10.06 AM IST
Buffett-backed Nubank to seek IPO valuation of over $55 bn: SourcesIn a recent funding round led by Warren Buffett's Berkshire Hathaway Inc, Nubank was valued at $30 billion. With 40 million clients in Lati...
26 Aug, 2021, 08.43 AM IST
A raft of companies want you to ditch old payment habitsA new crop of payment offerings are aiming to eliminate failure in online transactions. Their solution? Let the customer pay later.
03 Jul, 2018, 12.01 AM IST
Cash rules everything around Germany in world that's using cardsIndia and China are both driving hard toward a cashless future, for different reasons. But, none of these novel methods is widely accepted ...
06 Feb, 2018, 11.48 PM IST
Here's why the company that takes payments for Facebook, AirBnB and Spotify is worth $1.5 billionIn December, Adyen, which counts Facebook, AirBnB, and Spotify as clients, raised $250 million at a $1.5 billion evaluation
11 Jul, 2015, 03.06 PM IST