online payment
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Franchise India Bureau Jul 06 2018 - 1 min readDigital payments company Innoviti Payments has invested Rs 20 crore in developing new technology solutions for its point of sales (PoS) terminals business to make it easier to convert purchases into monthly instalments. It has earmarked Rs 10 crore for promotion of this product. While the option of equated monthly instalments (EMI) at payment terminals ...
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Franchise India Bureau Jul 06 2018 - 3 min readPhonePe, the digital payments arm of homegrown e-tailer Flipkart, is in advanced talks to acquire the Point of Sale software-as-a-service (SaaS) platform run by Tiger Global-backed Zopper, two people familiar with the development said. The terms of the deal could not be immediately ascertained. A formal announcement is likely to be made within a week, ...
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Franchise India Bureau Jun 27 2018 - 1 min readUS-based digital payments company MoneyOnMobile plans to inject $6.2 million into its India operations to fuel its expansion plans, according to its chief executive officer, Harold Montgomery. The company, which recently concluded a fundraising, intends to ramp it up its card-swiping terminals to 30,000 in the next six months from 5,000 ...
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Franchise India Bureau Jun 05 2018 - 1 min readOnline payments platform, Paytm has announced to invest $5-10 million (about Rs 33.5-67 crore) in Mumbai-based digital lending startup CreditMate in the second round of funding after it first infused an undisclosed sum in late 2017, according to people close to the development. CreditMate chief executive officer Jonathan Bill said that ...
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Franchise India Bureau May 22 2018 - 2 min readAhmedabad-based Infibeam Incorporation Ltd, the parent of the country’s only listed e-commerce company has entirely acquired stake in Vavian International, a digital payments processing company which has operations in the Middle East. The deal was valued at around AED 4.32 million (Rs 8 crore or $1.17 million). Infibeam said ...