Amazon Pay gets final nod from RBI, expanding its fintech reach
Amazon Pay gets final nod from Reserve Bank of India, expanding its fintech reach
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Amazon Pay gets final nod from Reserve Bank of India, expanding its fintech reach
The cuts, which will impact about 6% of its 5,500 to 6,000 staff, will most likely happen across teams like technology, call centre, and corporate roles. As per briefs given to senior leaders in the firm, the layoffs are expected to kick in over the next few weeks.
For Razorpay and Cashfree, Christmas came a week early, as after a year of being under embargo from the RBI, which halted new merchant onboarding, the startups finally managed to restart business.
(This story has not been edited by THE WEEK and is auto-generated from a PTI
While UPI going global will accelerate cross-border transactions in a faster and easier way, experts also say that adoption of UPI globally will further accelerate the growth of fintechs and their penetration globally.