RBI Grants In-Principle Authorisation To 32 Entities To Operate As Online Payment Aggregators
Paymate India, Razorpay Software, and Zomato Payments are among the PAs that have been granted in-principle authorisation
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Paymate India, Razorpay Software, and Zomato Payments are among the PAs that have been granted in-principle authorisation
Former Chief Technology Officer (CTO) and co-founder Shashank Kumar assumes a new position as managing director.
Razorpay conducted an internal investigation and found 831 transactions against 16 unique merchants of Razorpay.
Hackers and fraudulent customers have stolen Rs 7.38 crore by tampering and manipulating the authorisation process of Razorpay Software to authenticate 831 failed transactions, according to a police complaint lodged by the payment gateway company.
Razorpay conducted an internal investigation and found out 831 transactions against 16 unique merchants of Razorpay, from March 6 to May 13 this year ''to a tune of Rs 7,38,36,192'', the complainant said.