Explore the latest news, in-depth reports, and executive analysis tagged with #Cashfree.
This video captures the economics, the loopholes, who actually wins if MDR returns, and why the government might be playing a longer game than just UPI.
The company is raising a round to deepen payment innovations, scale the cross-border business, and expand into international markets.
The CFO position at Cashfree had fallen vacant since October last year after Piyush Anchliya had stepped down just few months after taking over the role.
The fine was issued under the provisions of section 30(1) read with section 26(6) of the Payment and Settlement Systems Act, 2007.
The RBI has directed payment aggregators to stop the misuse of education merchant category codes (MCC)...
The initiative allows current and former employees with vested stock options to monetize their holdings.
What began as a few distressed sale conversations has now widened into a full-blown consolidation wave in India's offline payments space.
This is a market-share view of UPI payment flows handled by payments aggregators through 'UPI Collect' method.
Anchliya had replaced Vikas Guru, who had served as CFO at Cashfree for nearly four years.
Behind flashy apps and jackpots lies a complex web of mule accounts, payouts, and payment tricks that move thousands of crores beyond the screen.
Anchliya replaces Vikas Guru, who served as CFO at Cashfree for nearly four years.
Razorpay, Cashfree, Paytm, and PhonePe are taking control back, ditching third-party routers. But what about merchants—are they embracing the change or caught in the chaos?
Back in January, Juspay founder Vimal Kumar and co-founder Sheetal Lalwani spoke exclusively with us in an hour-long chat around the shifting dynamics of India's payments ecosystem.
The capital will accelerate Cashfree’s payments offering and boost market outreach, the Bengaluru-based payment aggregator said in its statement.
The scam reportedly amassed over Rs 2,200 crore from individuals across 20 states. The 'proceeds of the crime' were transferred out of the country.
"We have decided to discontinue our PA/PG support with third-party routing platforms, effective 30th April 2025," Razorpay said.
The Bengaluru-based company is "piloting with half a dozen sizable merchants that will be over by the end of this year."
The Bengaluru-based payments firm faced a year long ban on new merchant onboarding.
The unauthorized use of UPI IDs include, accessing customer names, bank account statuses, alternate UPI IDs, and verify customer mobile numbers.
