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MERCHANT ACQUIRING UAE
PhonePe to foray into UAE in maiden foreign outingThe company has received a licence from the Central Bank of UAE and will soon be operationalising the same, its founder Sameer Nigam told r...- AvenuesAI Q1 PAT rises 45 percent; Company positions Rediff, US Payments and AI as next growth enginesAvenuesAI's consolidated revenue from operations more than doubling 109% year-on-year to Rs 2,680.4 crore and profit after tax rising 45% t...
- Indian tourists travelling to Japan will soon be able to make payments using UPIIndian tourists in Japan will soon be able to use their UPI apps for payments, thanks to an MoU between NPCI International and NTT DATA Jap...
- Indian travellers can now use UPI payments across QatarIndian travellers can now use UPI in Qatar. NPCI International and Qatar National Bank have partnered. This allows UPI payments at QNB merc...
- NPCI scales up UPI adoption in UAE to strengthen digital tiesThrough sustained collaboration with the UAE-based partners, the company is committed to delivering seamless, secure digital-payment experi...
- NPCI scales up UPI adoption in UAE to strengthen digital tiesNPCI International Payments Ltd (NIPL), the global arm of India's National Payments Corporation, is expanding Unified Payments Interface (U...
- UAE rule, wary I-T to deter dodgy crypto dealsIndian tax officials suspect cryptocurrency was used to purchase properties in Dubai, bypassing Indian banking channels. New UAE regulation...
- Cashfree appoints ex-Razorpay executive Harsh Gupta as CROCashfree will also see another transition in its organisational structure with Arun Tikko, the chief business officer, being elevated to a ...
- Dubai's oldest Indian family and its tryst with temples for decadesThe Bochasanwasi Shri Akshar Purushottam Swaminarayan Sanstha (BAPS) Mandir, the first Hindu temple in Abu Dhabi, is located in Abu Mureikh...
- Pine Labs launches new credit issuing stack for businessesCurrently, Credit+ has partnered with Mastercard and Visa, as it looks to launch other card network providers such as Amex and RuPay.
- Infibeam looks to raise up to $50 million by listing UAE step-down armIn 2018, Infibeam Avenues Ltd. acquired UAE-based Vavian International Ltd., an online digital payment processing company, for AED 4.32 mil...
- India saw 20.5 bn online transactions worth Rs 36 trillion in Q2"UPI P2P accounted for 49 per cent in volume and 67 per cent in value but in terms of merchants' transactions, UPI P2M emerged as the prefe...
- NPCI ties up with UAE's Mashreq to launch UPIPresently, 3.5 million Indians live in the UAE while another 2 million Indians visit the Emirate every year for business, leisure and acade...
- Consumer benefits marketplace Thriwe to acquire Delhi-based Alliances Galore (AG) in a share-swap dealThe current value of Alliances Galore is Rs 75 crore and Thriwe has allotted share worth that amount. The company is awaiting necessary app...
- Infibeam enters Oman e-commerce market, ties up with Bank MuscatThe company is set to offer next-gen payment processing services under the flagship brand CCAvenue to merchants in ecommerce sector in Oman.
- ED attaches Rs 600-cr worth assets of Iqbal Mirchi familyThe properties which were acquired by Mirchi include the 3rd and 4th floor of CEEJAY House in Mumbai's Worli area, an office premise at Aru...
- Six payment cos vie for SBI's PoS businessSBI's merchant acquiring business has around 450,000 merchants exclusively.
- UAE Based payment solution provider OMA Emirates announces Indian operationsThe acquisition by OMA Emirates enables MobiSwipe to be offered in countries outside of India.
- India's Zomato buys Czech & Slovak online food guides for $3.2 millionZomato’s spent about $2.2 mn for LunchTime and $1 mn for Obedovat & plans to double headcount to about 80 people within six months.
- Lessons from 50 start-ups: Ajay Adiseshann's PayMate allow consumers to transfer money at fingertipsAjay Adiseshann and Probir Roy founded PayMate, a wireless transactions platform provider, in May 2006.
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