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The regulator has proposed stricter KYC guidelines that payment aggregators or fintechs that facilitate digital payments need to follow before onboarding merchants
The RBI said: “For face-to-face/proximity payment transactions done using cards, from August 1, 2025, no entity in the card transaction/payment chain, other than the card issuers and/or card networks, shall store the CoF data."
Razorpay, which is betting big on the PoS device market, has announced a new dynamic PoS (DQR) device for enterprises
Razorpay initiated the process to move its parent entity to India from the US in May 2023, ahead of its plans to list in the Indian bourses
Startup founders need to sit up and think about how not to take stardom for granted and how not to disappoint their fans who have stood in long queues for those precious selfies with popular entrepreneurs, notes Nivedita Mookerji.