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India-based fintech Cashfree Payments has strengthened its D2C payment offering by acquiring Zecpe, a one-click checkout company.
ecommerce, merchants, payments , checkout optimisation , online payments, acquisition
Samsung has partnered with the India-based Axis Bank and global payments processor Visa to launch Samsung Axis Bank Credit Cards in India.
credit card, mobile banking, partnership, card scheme, fintech
Tata Digital has introduced a digital financial entity, Tata Fintech, which is expected to function as a financial marketplace, according to sources cited by Economic Times.
fintech, product launch, marketplace, digital banking
Reserve Bank of India (RBI) has revealed that its new payment approach will make recurrent online card payments faster for shoppers.
RBI, tokenization, online payments, ecommerce, payment methods
National Payments Corporation of India has started collaborating with companies such as bigbasket and Paytm to introduce a Tokenisation facility supported by the NTS.
NPCI, tokenization, partnership, RBI, fraud prevention, debit card, credit card
Visa has launched card-on-file (CoF) tokenization services in India, in line with the recently issued Reserve Bank of India (RBI) guidelines.
Visa, card scheme, Issuer, payment processing
The first part of the M&As and investments overview regards the ecommece space and Gen Z and Millennials as main targets, and the fast-growing markets to watch, which are India and LATAM
merger, acquisition, investment, ecommerce, Gen Z
India-based Tata Group has formally made propositions for new ecommerce rules for the Indian market.
ecommerce, regulation, marketplace, super app
ecommerce, growth markets, BNPL, Amazon, Flipkart, digital payments
BigBasket, cybercrime, cybersecurity
Flipkart, GlobalData, study, merger, ecommerce, COVID-19
Google Pay has partnered with India-based gift card solutions provider Qwikcilver to issue real-time virtual gift cards from more than 150 online and offline brands, across 1500 cities in India.
Google Pay, Qwikcilver, Google, India, Asia, merchants, gift cards, virtual cards, ecommerce
Cashfree, an India-based payments solutions company that helps Indian and global businesses to collect and disburse payments, has received USD 35.3 million as part of its Series B raise.
Cashfree, bank accounts, cards, UPI, wallets, payouts, India, funding, net banking, UPI, merchants, ecommerce
Axis Bank, Google Pay, Visa, credit card, payments , mobile payments, cashback
Tencent, investment, Flipkart, Walmart, funding, foreign direct investment, FDI, PUBG Mobile Lite, WeChat Reading, WeChat Work, Tencent Weiyun, Alibaba Group, Paytm, BigBasket, India
BigBasket, an India-based grocery startup, has raised USD 60 million to meet growing demand from Indian customers stuck at home amid coronavirus outbreak.
BigBasket, India, funding, coronavirus outbreak, grocery, ecommerce, delivery, Alibaba, startup
The national food regulator Food Safety and Standards Authority of India (FSSAI) has issued revised guidelines to step up scrutiny of ecommerce food companies.
FSSAI, India, ecommerce, Amazon, Food Safety and Standards
According to a report by CRISIL, ecommerce business has grown in India due to its food and grocery segment.
ecommerce, India, grocery business
Paytm Mall has revealed the plans to deepen ties with regional retailers in India as well as partner with online grocer BigBasket.
Paytm Mall, Paytm, BigBasket, Alibaba, Tencent, Tiger Global, Softbank, ecommerce, retail, India, partnership
Abhishek Banerjee, CTO at Emergent Payments, explains how the new features of UPI 2.0 will benefit merchants in India
UPI 2.0, UPI, payments in India, Emergent Payments India, UPI recurring payments