RBI asks Paytm to reapply for license as payment aggregator
The Reserve Bank of India (RBI) has refused to grant Paytm Payments Services (PPSL) a payment aggregator license, the business said on November 26 to the stock exchanges. The subsidiary…
ED raids PayTM, Razorpay and Cashfree in Chinese loan app case
The Enforcement Directorate conducted a raid on PayTM, Razorpay, and Cashfree’s offices on Saturday. These payment gateways are suspected of facilitating unauthorized transactions on lending apps operated by Chinese-owned businesses.…