Friday, April 19, 2024
Outlook India
Outlook Business


RBI, however, did not name the card network but said that only one card network has operationalised this arrangement of enabling businesses to make card payments through certain intermediaries to entities that do not accept card payments.

The development comes on the heels of the RBI initiating regulatory actions against Paytm Payments Bank.

The fourth edition of the Visa Accelerator Program invites applications from growth-stage start-ups. It will emphasise on development of proof of concept, product solutions, and fast-tracked commercialisation, among others.

The move is aimed at uplifting small business owners, and catalyse financial inclusion across Tier 2 and 3 cities and rural areas

It enhances cardholders' safety during online transactions by providing an option to complete the payment process as a guest and avoid saving card details is a new venture by Vijay Kesavan

EMV 3DS is the latest security protocol to seamlessly authenticate consumers and safeguard against card-not-present (CNP) fraud

The company has claimed in a statement that it has issued over 250 million tokens in India

The move is to comply with RBI's guidelines and ensure a secure payment experience for Visa cardholders

Founded by former Pinterest engineer Mohak Nahta, Atlys aims to simplify the visa application process for users by using phone cameras to scan documents and providing step-by-step guidance throughout the entire process