Paymate

RBI asks Visa, Mastercard to halt commercial card-based vendor payments

RBI asks Visa, Mastercard to halt commercial card-based vendor payments

19 Feb 2024, 17:43 PM

Visa has sent out a communication to its fintech partners asking them to stop Business Payment Service Provider (BPSP) transactions.

Fintech Hightlights

  1. About 3 crore loans worth Rs 36,897 crore disbursed in Q2FY25: FACE

  2. Razorpay extends ESOPs worth Rs 1 lakh to all employees

  3. Skydo to offer international payments for Indian exporters selling on Amazon

  4. Mintifi profits more than tripled to Rs 92 crore in FY24

  5. Sebi slaps Rs 6 lakh fine on Ebix for disclosure lapses in DRHP
  6. Read more highlights...

Editor's Pick

  1. The curious case of a Jammu-Based NBFC: A shift in control, a spike in scrutiny?

  2. In Charts: MobiKwik plans Rs 572 crore IPO. Why its financial services play deserves attention

  3. Inside the BharatPe-Ashneer Grover Settlement: Unveiling the Behind-the-Scenes Drama