merchants

  1. MagicPin onboards over 1,000 big brands in a year

    New Delhi, Hyperlocal e-commerce firm MagicPin has onboarded over 1,000 multi-city and multinational consumer brands in a year, registering year-on-year growth in major company additions, the company said on Friday. Said.Although it took Magicpin four years to bring on board nearly 2,000...
  2. CoinX launches P2P service, recruits more merchants worldwide to build P2P ecosystem

    VMPLNew Delhi [India], June 20: Recently, CoinEx, a leading global cryptocurrency trading platform, announced the official launch of its platform P2P (peer-to-peer) trading service. This marks a new step in CoinEx's journey towards providing diversified trading services. The introduction of...
  3. CoinX launches P2P service, recruits more merchants worldwide to build P2P ecosystem

    Recently, CoinEx, a leading global cryptocurrency trading platform, announced the official launch of its P2P (peer-to-peer) trading service. This marks a new step in CoinEx's journey towards providing diversified trading services. The introduction of P2P services not only offers users a more...
  4. PhonePe payment gateway launches referral program

    As a referral partner, they can refer their clients to accept online payments from their customers and accelerate business growth. This program offers businesses one of the most competitive commission rates in the industry, which is applied to every transaction and helps increase their referral...
  5. Removing Checkout Barriers: Paylocal partners with Shopify to offer inline card payments

    PN Bengaluru (Karnataka) [India], May 30: PayLocal, India's leading payments platform, has launched its latest product, 'Express Payflow' in partnership with Shopify, offering inline card payments to Shopify merchants. With this solution, customers can now enter their card details directly on...
  6. Axis Bank partners with MasterCard to launch NFC Soundbox

    “This instrument is in line with the Bank's asset light strategy to provide superior quality products/solutions at affordable prices. NFC will help Soundbow Bank grow into the small merchant segment with cost-effective and simple payment solutions that are secure and compliant. PCI standards,”...
  7. PhonePe's Pincode partners with Simply Namdhari in Bengaluru to gain wider customer base

    The collaboration will bring a variety of groceries, fresh fruits and vegetables and other premium FMCG products to the residents of Bengaluru on the Pincode app, the company said in a statement."Namdhari is known as one of the largest exporters of fresh fruits and vegetables in India, and now...
  8. Paytm reports 25% growth in revenue in 2023-24 to Rs 9,978 crore

    New Delhi [India], One 97 Communications, which operates popular fintech brand Paytm, has reported 25 per cent growth in revenue to Rs 9,978 crore in the recently concluded financial year 2023-24. The company has attributed this growth to GMV growth, device additions. And growth in the financial...
  9. Fintech startup Simple cuts nearly 100 jobs in restructuring process

    According to Inc42, citing sources, the latest job cuts have affected employees across teams and verticals.“As an organization committed to creating shared value for our merchants and millions of customers across the country, we have made the difficult decisions to improve operational...
  10. Tripura worried over closure of goods train services, NFR asks for a few more days for restoration

    The closure of goods train services due to the derailment in Agartala, Assam's Dim Hasao district, has become a cause of concern for the Tripura government, while the North East Frontier Railway has sought "a few more days" for restoration.Goods train services to Tripura have been closed since...
  11. Paytm moves ahead with UPI migration with banking partners, focusing on UPI Lite and RuPay credit cards

    New Delhi [India], In an official statement, fintech company Paytm on Wednesday said it is working with its banking partners to ensure a smooth transition to its new Unified Payment Interface (UPI) platform for merchants and consumers amid dynamic market challenges. Is actively cooperating with...
  12. PayU has received in-principle approval from RBI to operate as a payment aggregator.

    This approval will now allow PayU to onboard new merchants on its platform.“This license is important in our mission to establish a globally renowned digital payments infrastructure rooted in India,” PayU CEO Anirban Mukherjee said in a statement."In line with the Government's Digital India...
  13. India's first all-in-one payment device launched

    The product, called BharatPe One, is designed to streamline transactions for merchants, offering versatile payment acceptance options including dynamic static QR codes, tap-and-pay, and traditional card payment options.The company plans to launch the product in over 100 cities in the first...
  14. Fintech firm Bharat Elevates CEO Nalin Negis

    Under his leadership as interim CEO and CFO, BharatPe reported 182 per cent growth in revenue from operations in FY23 and saw October as its first EBITDA positive month.BharatPe said it will now look for a new CFO.Rajneesh Kumar, Chairman of the Board of BharatPe, said, "Negi's extensive...
  15. Finmin advocates enhanced KYC, due diligence for merchants and banking correspondents to prevent frauds

    New Delhi, To check incidents of BOB World App scam and other financial frauds, the Finance Ministry is recommending an enhanced KYC process and comprehensive due diligence by banks and financial institutions to engage merchants to protect customers against cyber risks. Making a case. Sources...
  16. PayU partners PayPal to improve cross-border payments for Indian merchants

    Through this partnership, the company will leverage PayPal ISU 2.0 Checkou to provide customers a more personalized and inclusive payments experience.Nikhil Mehta, PayU's senior vice president of partnerships and payments strategy, said in a statement, "Integrating PayPal's ISU 2.0 API...
  17. RBI imposes curbs on Shirpur Coop Bank over deteriorating financial position

    Mumbai: The Reserve Bank of India (RBI) on Monday imposed several restrictions on Maharashtra-based Shirpur Merchants Co-operative Bank, including on withdrawal of funds by customers, in view of the deteriorating financial condition of the lender.In a statement, the RBI said that from the...