Cybercriminals using mule accounts to set up illegal payment gateways for money laundering: MHAThe Union Home Ministry has alerted about illegal payment gateways used by cybercriminals for money laundering. These gateways exploit rent...
28 Oct, 2024, 09.21 PM IST
Paying income tax using net banking, credit card or debit card? You will be charged for it if you don't have this bank accountIncome tax payment: You can pay the income tax amount through net-banking, UPI, debit card, credit card and UPI QR. "Recently, the Canara B...
30 Jul, 2024, 07.38 AM IST
PayU's Wibmo building full-stack payment gateway solutionsPayU-owned Wibmo is emerging as a key offering for Naspers-backed PayU which is looking to venture deeper into business payments and enter ...
26 Apr, 2024, 12.12 PM IST
Escrowpay in talks to raise USD 15 million, to expand operations in India and overseas“We are raising a larger investment round. We have been conscious to raise so far and have focused on building the business ground up. Now ...
18 Jul, 2022, 04.03 PM IST
Lack of clarity: ICICI Bank shuts out crypto tradesICICI Bank’s online services can no longer be used to deal with crypto-currency exchanges and other entities which may be facilitating cryp...
02 May, 2021, 06.34 AM IST
Lack of Clarity: ICICI shuts out crypto tradesIndia's largest private sector lender ICICI Bank is distancing itself from Bitcoin and other cryptocurrencies amid conflicting signals from...
01 May, 2021, 07.41 AM IST
Card companies to approach RBI to seek relief on new transaction normsThe digital payments industry is of the view that the new rules, introduced from October by the central bank to improve security, could ina...
22 Oct, 2020, 07.00 PM IST
More e-tailers doing away with OTPsFlipkart has already done so, and others like Swiggy and ride-sharing apps are about to follow. A key driver for this has been the phased r...
14 Jan, 2020, 11.04 AM IST
More e-tailers doing away with OTPsFlipkart has already done so, and others like Swiggy and ride-sharing apps are about to follow.
14 Jan, 2020, 08.48 AM IST
Nepal SBI Bank launches payment gatewayThe customer of Nepal SBI Bank can utilise mobile banking and other value added services along with the payment gateway, Nepal SBI said in ...
19 May, 2016, 02.43 PM IST
Startup with overseas unit can open foreign currency a/c abroad: RBIRBI said a start-up with an overseas subsidiary is permitted to open foreign currency account abroad to pool the foreign exchange earnings.
12 Feb, 2016, 01.29 AM IST
RBI gives more time to Uber to comply with its e-commerce payment rulesSF based Uber users are automatically charged at the end of their ride based on card details stored at the time of enrollment
30 Oct, 2014, 08.56 AM IST
Indian startups vex as foreign cos bypass RBI security checkStartups are asking for payment security rules imposed on them by the RBI to be extended to foreign entrants offering similar services
25 Aug, 2014, 05.41 PM IST
Reserve Bank of India warns against evading validation in CNP paymentsIt said such camouflaging and flouting of extant instructions on card security were resulting in an outflow of forex in the settlement of t...
23 Aug, 2014, 08.19 PM IST
RBI shuts overseas payment gateway for credit card transactions within IndiaThe central bank told banks to ensure that payments should be in rupees in instances when the credit card is not presented physically.
23 Aug, 2014, 12.10 PM IST
RuPay, India's own payment gateway, launchedICICI Bank, State Bank of India and Punjab National Bank, among others, are already using the gateway for clearing and settlement.
09 May, 2014, 04.00 AM IST
Pranab Mukherjee dedicates India's own payment gateway 'RuPay' to nationThe RuPay card is accepted at all ATMs (1.6 lakh plus), 95 per cent of PoS terminals (9.45 lakh plus) and most of the eCom merchants (about...
08 May, 2014, 05.08 PM IST