RBI allows digital payment firms Razorpay and Cashfree Payments to function as payment aggregators

Dec 20, 2023, at 04:56 am

Mumbai: Digital payment firms Razorpay and Cashfree Payments have obtained the final approval from the Reserve Bank of India (RBI) to function as payment aggregators, allowing them to onboard new merchants following a nearly one-year regulatory ban, media reports said.

Rahul Kothari appointed as Razorpay's Chief Operating Officer for India and Malaysia

Nov 08, 2023, at 08:37 pm

Mumbai: Rahul Kothari, formerly the Chief Business Officer (CBO) of Razorpay, has been appointed as the Chief Operating Officer (COO) for India and Malaysia.

RazorPay, Pine Labs among others to get RBI's nod for payment aggregator licence: Report

Jul 08, 2022, at 05:14 pm

Mumbai: The Reserve Bank of India (RBI) has given in-principle nod to RazorPay and Pine Labs among other payment gateways and fintech companies who had applied for payment aggregator licence.

Hackers steal Rs 7.3 cr in 831 transactions from Razorpay, reveals audit

May 21, 2022, at 05:21 am

Online payment gateway Razorpay said hackers stole Rs 7.3 crore worth of funds in 831 transactions in three months.

Pandemic boosts digital India, J&K tops list of digitally inclusive states and UTs say study

Apr 13, 2021, at 02:14 am

Mumbai/IBNS: According to a recent study, digital payment transactions in India have gone up by 76 per cent in the January-March period this year compared to what it was in the same period last year.