Paytm Payment Gateway

Jio Payments is reportedly testing a new product that will mark its expansion into the merchant payments solution segment. The payment gateway and solution arm of the telecom behemoth is working on a soundbox for merchants. The Jio Soundbox will function as an audio payment verification device, similar to devices by Paytm, PhonePe, and BharatPe.

The Enforcement Directorate (ED) reportedly conducted raids at premises of online payment gateways including Easebuzz, Razorpay, Cashfree, and Paytm this week over the alleged irregularities in instant app-based loans. The central agency has reportedly seized Rs. 46.67 crore worth of funds kept in various bank accounts and virtual accounts.

The Enforcement Directorate today said it has frozen Rs 46.67 crore worth funds kept in payment gateways Easebuzz, Razorpay, Cashfree and Paytm after it carried out raids this week against Chinese-controlled loan apps and investment tokens.

Paytm on Sunday issued a statement claiming that none of the funds frozen by the Enforcement Directorate (ED) in the Chinese loan app case belongs to it or any of its group firms. The ED earlier conducted raids at premises of online payment gateways over the alleged irregularities in instant app-based loans "controlled" by Chinese persons.

The Enforcement Directorate on Saturday said it conducted raids at premises of online payment gateways such as Razorpay, Paytm and Cashfree in Bengaluru as part of a money laundering case against some instant app-based loan dishing entities.

Digital payments company Paytm on Tuesday announced that its wholly-owned subsidiary Paytm Payments Services Ltd (PPSL) has made strides with its card-on-file tokenization or "Paytm Token Gateway".

Paytm Payout Link enables the receiver to exercise greater control in choosing exactly which account to receive the funds in and to maintain the privacy of bank details

The Enforcement Directorate has frozen Rs 46.96 crore in four bank accounts after raiding 15 locations across Delhi, Gurgaon, Mumbai and Pune after some companies were allegedly found running illegal online betting apps linked to China. The chartered accountants of these firms were also raided, the ED said in a statement.

Paytm on Tuesday launched an all-in-one payment gateway which enables digital payments through multiple methods for small and medium businesses (SMEs).

Snapdeal-owned digital payments platform FreeCharge has partnered with a payment gateway CCAvenue to strengthen its offerings, as it gains access to over one lakh online merchants across sectors like hospitality, retail and education.

US taxi-hailing company Uber Technologies violated Indian regulations by "bypassing" rules when it used an overseas gateway to conduct transactions in the country, Reserve Bank Governor Raghuram Rajan said in a television interview.

Jio Payments is reportedly testing a new product that will mark its expansion into the merchant payments solution segment. The payment gateway and solution arm of the telecom behemoth is working on a soundbox for merchants. The Jio Soundbox will function as an audio payment verification device, similar to devices by Paytm, PhonePe, and BharatPe.

The Enforcement Directorate (ED) reportedly conducted raids at premises of online payment gateways including Easebuzz, Razorpay, Cashfree, and Paytm this week over the alleged irregularities in instant app-based loans. The central agency has reportedly seized Rs. 46.67 crore worth of funds kept in various bank accounts and virtual accounts.

The Enforcement Directorate today said it has frozen Rs 46.67 crore worth funds kept in payment gateways Easebuzz, Razorpay, Cashfree and Paytm after it carried out raids this week against Chinese-controlled loan apps and investment tokens.

Paytm on Sunday issued a statement claiming that none of the funds frozen by the Enforcement Directorate (ED) in the Chinese loan app case belongs to it or any of its group firms. The ED earlier conducted raids at premises of online payment gateways over the alleged irregularities in instant app-based loans "controlled" by Chinese persons.

The Enforcement Directorate on Saturday said it conducted raids at premises of online payment gateways such as Razorpay, Paytm and Cashfree in Bengaluru as part of a money laundering case against some instant app-based loan dishing entities.

Digital payments company Paytm on Tuesday announced that its wholly-owned subsidiary Paytm Payments Services Ltd (PPSL) has made strides with its card-on-file tokenization or "Paytm Token Gateway".

Paytm Payout Link enables the receiver to exercise greater control in choosing exactly which account to receive the funds in and to maintain the privacy of bank details

The Enforcement Directorate has frozen Rs 46.96 crore in four bank accounts after raiding 15 locations across Delhi, Gurgaon, Mumbai and Pune after some companies were allegedly found running illegal online betting apps linked to China. The chartered accountants of these firms were also raided, the ED said in a statement.

Paytm on Tuesday launched an all-in-one payment gateway which enables digital payments through multiple methods for small and medium businesses (SMEs).

Snapdeal-owned digital payments platform FreeCharge has partnered with a payment gateway CCAvenue to strengthen its offerings, as it gains access to over one lakh online merchants across sectors like hospitality, retail and education.

US taxi-hailing company Uber Technologies violated Indian regulations by "bypassing" rules when it used an overseas gateway to conduct transactions in the country, Reserve Bank Governor Raghuram Rajan said in a television interview.