Paytm Appoints Rajeev Agarwal as Non-Executive Independent Director Paytm, the leading digital payments platform in India, has recently announced the appointment of Rajeev Agarwal as a non-executive independent director. This strategic move is aimed at bolstering the company’s governance structure and leveraging Agarwal’s extensive expertise in finance and management. Rajeev Agarwal brings with him a…
Axis Bank and Mastercard Introduce NFC Soundbox Axis Bank, in collaboration with Mastercard, has launched an innovative NFC (Near Field Communication) Soundbox. This device aims to revolutionize the payment experience for merchants and customers alike, offering a seamless and efficient method of transaction confirmation. The introduction of the NFC Soundbox is a significant advancement in…
UPI Transactions Surge by 56% in India: Worldline Report Introduction: The Unified Payments Interface (UPI) has witnessed a remarkable surge in transactions in India, as reported by Worldline, a leading payment services provider. The report reveals a staggering 56% increase in UPI transactions, reflecting the growing trend of digital payments in the country. Driving Factors…
RBI Grants Payment Aggregator Licences to Innoviti Payments and Concerto Software The Reserve Bank of India (RBI) recently granted payment aggregator licenses to Innoviti Payments and Concerto Software. This move marks a significant development in the fintech sector, providing new opportunities for payment processing companies in India. Innoviti Payments and Concerto Software have secured payment…
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