Search Results for: payment aggregator

July 30, 2024 @ 10:11 pm By Omar Faridi  |  

Cashfree Payments, India’s payments and API banking company, announced that it has become the first payment service provider to receive the Reserve Bank of India’s Payment Aggregator license for cross-border payments, for both imports and exports. This approval allows the company to “extend its cross-border… Read More

December 27, 2023 @ 7:14 pm By Michael Wong  |  

Corporate payments startup EnKash has achieved a significant milestone by securing regulatory approval from the Reserve Bank of India (RBI) to operate as a payment aggregator under the brand name “Olympus”. This approval marks a pivotal moment for EnKash, reinforcing its commitment to compliance and… Read More

November 4, 2022 @ 2:17 am By Omar Faridi  |  

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations) and other applicable provisions/ regulations, if any, Infibeam are pleased to inform that the Reserve Bank of India has granted In-Principle Authorization to operate as a Payment Aggregator under the… Read More

September 14, 2020 @ 11:15 am By Samantha Hurst  |  

KodyPay, a UK-based mobile point of sale app and payment aggregator, announced on Monday it raised £1.8 million through its latest seed funding round. Founded in 2018, KodyPay describes itself as a new mobile point of sale platform and payment aggregator, enabling businesses to perform… Read More

March 18, 2020 @ 7:26 am By Omar Faridi  |  

The Reserve Bank of India (RBI), the nation’s central bank, has announced that it will be lowering the capital requirements for payment aggregators. This move may further increase the number of digital transactions carried out in the country. The RBI noted in a statement published… Read More

May 6, 2025 @ 5:04 pm By Omar Faridi  |  

Digital assets firm OKX continues to expand its role in the Web3 space with a series of updates, including enhancements to its DEX aggregator, the introduction of OKX Pay, a new digital wallet app, and the appointment of Jonathan Brockmeier as Chief Commercial Officer (CCO)…. Read More

November 14, 2024 @ 3:32 pm By Omar Faridi  |  

Mastercard (NYSE: MA) says that it is reinventing checkout with password and number free payments. By the end of the decade, Mastercard intends to phase out manual card and password entry in favor of “smiles” and fingerprints, paving the way for a future where “numberless”… Read More

October 12, 2024 @ 6:24 pm By Michael Wong  |  

Fabrick, an Italian Open Finance operating company, has announced a strategic partnership with TerraPay, a global payments infrastructure firm, to enhance its geographical footprint and payment solutions. Initially focusing on the Italian market, the collaboration aims to offer businesses a unified platform that streamlines payment… Read More

September 2, 2024 @ 10:49 am By Omar Faridi  |  

During a keynote presentation at Global Fintech Fest in Mumbai, Mastercard (NYSE: MA)  announced the worldwide launch of its new Payment Passkey Service to make online shopping more secure and easier than ever. Debuting first in India as a pilot with some of the nation’s… Read More

August 31, 2024 @ 3:14 pm By Omar Faridi  |  

Silverflow, a firm providing payment processing technology, has partnered with Halo Dot, a pioneering provider of SoftPOS solutions, to supply businesses with a seamless and powerful payment solution, combining Halo Dot’s SoftPOS application and Silverflow’s cutting-edge processing engine. Silverflow is building upon the decades-old payments infrastructure… Read More

August 19, 2024 @ 10:30 pm By Omar Faridi  |  

Adyen (ADYEN:AMS), the global payments platform of choice for many of the world’s leading companies, today announced its expansion in India, following the grant of authorization from the Reserve Bank of India to operate as an Online Payment Aggregator in India for domestic and cross-border… Read More

July 14, 2024 @ 10:31 pm By Omar Faridi  |  

Payment orchestration provider BR-DGE has announced the launch of its white-label payment orchestration solution, which is set to propel payment acquirers, gateways, platforms and other ecosystem players with agile and customizable modular tech to stand out in a fiercely competitive market. As an independently-owned, vendor-agnostic… Read More

May 5, 2024 @ 6:33 pm By Omar Faridi  |  

Navigating regulatory requirements is crucial for businesses aiming to expand their reach across borders, according to an update from Razorpay. Razorpay claims that it has “taken a significant stride toward global compliance for export payments with the recent integration of Video KYC (Know Your Customer)… Read More

February 6, 2024 @ 12:47 pm By Omar Faridi  |  

Nium, the enabler of real-time global payments, announces it has received in principle approval from the Reserve Bank of India for two payment licenses – the Prepaid Payment Instrument (PPI) License and the Payment Aggregator (PA) License. The two licenses will allow the global payments… Read More

January 28, 2024 @ 9:20 pm By Omar Faridi  |  

i2c Inc., a provider of banking and payments solutions, announces a five year partnership with The Bank of Missouri (TBOM), a community bank renowned for its pioneering digital banking initiatives. Through this alliance, the bank provides fintechs the ability “to more quickly offer a full… Read More

December 13, 2023 @ 2:46 pm By Omar Faridi  |  

Citi (NYSE: C) has led a strategic investment round in Supra. Far Out Ventures and H20 Capital also participated in the financing round. Supra is a Colombian fintech that “enables cross-border payments and treasury solutions for small and medium-sized businesses (SMBs) that participate in import… Read More

October 15, 2023 @ 2:32 pm By Omar Faridi  |  

Discover Global Network, the payments unit of Discover (NYSE: DFS), has launched a new cloud-based network tokenization platform giving companies “a scalable and flexible token solution they can offer to their downstream customers and merchants.” The new platform will allow companies “to integrate stored payment… Read More

October 11, 2023 @ 6:16 pm By Omar Faridi  |  

Razorpay introduces what it claims is India’s “first” AI-powered payments Infinity Router – Razorpay Optimizer. Razorpay designed this solution “to help you make the smartest routing decisions when working with multiple payment gateways.” Using the Razorpay solution, businesses can “set up their own rules to… Read More

September 20, 2023 @ 9:59 pm By Omar Faridi  |  

ACI Worldwide (NASDAQ: ACIW), a global firm focused on mission-critical, real-time payments software, announced a collaboration with Microsoft in order “to help financial institutions and technical services enable instant payments transactions faster through ACI’s Real-Time Payments Cloud (RTPC) platform.” Hosted in the Microsoft Azure environment,… Read More

September 5, 2023 @ 5:11 pm By Omar Faridi  |  

Cashfree Payments, a payments and API banking solutions company, has partnered with Jamboree, an educational consultancy, “to simplify fee payments for Indian students studying overseas.” The partnership leverages Cashfree Payments’ cross-border payment solution, which streamlines and “digitizes the entire payment process from KYC verification, payment… Read More