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MULTIBANK FACILITY
Paytm moves PoS terminals to RBL Bank; CCI orders probe on GooglePaytm’s point of sale (PoS) terminals for processing card payments are being moved to RBL Bank. This and more in today’s ETtech Top 5.- Rupeek’s steep down round; Paytm to become third-party UPI appGold loan startup Rupeek may soon be tying up a new funding round, albeit at a lower valuation. This and more in today’s ETtech Morning Dis...
- How WhatsApp got UPI licence: SC seeks reply from NPCIThe Supreme Court on Monday asked National Payment Corporation of India (NPCI) to file an affidavit explaining how WhatsApp was granted lic...
- WhatsApp pay drops beta tag, adds Axis & HDFC Bank to listThe instant messaging service provider has also removed the sentence that it was testing a “beta product” while offering payment service to...
- Federal Bank partners Chillr for cashless transactionsChillr, India's first and only multi-bank mobile application, allows users to connect seamlessly with multiple bank accounts and manage all...
- BSE to launch multibank facility for mutual fund client registration"Now, the exchange would be introducing multibank facility in UCC (Unique Client Code) registration for non-demat transactions," BSE said i...
- BSE to begin manual entry facility for FATCA from AugustThe exchange has a mutual fund trading platform, BSE STAR MF. It became operational for all investors in December 2009.
- BSE to launch online payment facility for demat transactionsDemat mode of transactions shall be processed only on realisation of funds for all types of orders, it said.
- 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.
- FINO, the hassle-free bank to unbanked poor37-year-old Sivan Pandiyan had to run from pillar to post for over seven to eight months to get a meagre Rs 5,000 as loan from a bank to ca...
- Banks to reap profit of coverThe stakes are getting big in bancassurance. However, there are issues that need to be sorted by the regulator.
- From Oct, remit excise via PSBsThe multi-banking scheme for the central excise commissionerates, enabling tax payers to remit the customs and excise duties through any pu...
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