Bajaj Finance Prepares To Take On Fintechs At Their Own Game
Jan 20 2021, 6:49 PM
January 20 2021, 5:17 PM
January 20 2021, 6:49 PM
Bajaj Finance Ltd. is set to sharpen its focus on the hyper-competitive payments business in India.It will launch Bajaj Pay for consumers in the fourth quarter of the current financial year, according to the companyâs investor presentation. This will offer payment solutions via UPI, pre-paid instruments, EMI cards and credit cards.Bajaj Pay will offer a combination of what individual payment service providers bring to customers. Whil.
Bajaj Finance Ltd. is set to sharpen its focus on the hyper-competitive payments business in India.
Synopsis
ET had reported in November that the telecom regulator had imposed penalties collectively amounting to Rs 35 crore on eight operators including Bharti Airtel, Voda-Idea, Jio and BSNL for violation of TCCCPR on various counts, which allowed cyber criminals to issue fake SMSes.
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In September 2020, telecom companies launched the first phase and started blocking SMS traffic originating from unregistered headers.
New Delhi: Beginning January 31, mobile phone companies will filter out commercial SMSes with unregistered content, as part of the second phase of blockchain implementation designed to check the flow of spam text messages.
This means any entity registered on the distributor ledger technology (DLT) platform with a unique header ID, for example AX-DOMINOS, will have to submit content templates of all SMSes they wish to deliver to their customers till January 31. From then on, telecom companies will block any SMS originating from an unregistered header