Fintech News

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‘Public Ltd’ tag: PhonePe, Razorpay closer to IPOs

Razorpay, also based in Bengaluru, confirmed its transition to a public structure, relating to its efforts to re-domicile from the United States to India. According to a company spokesperson, the move begins the process of public company compliance well in advance of its anticipated IPO in about two years, ensuring timely adoption of governance protocols. …

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NPCI planning to let users save UPI IDs at merchant checkouts

The National Payments Corporation of India (NPCI) is preparing a major overhaul of the Unified Payment Interface (UPI) online checkout experience, sparking concerns among smaller payment apps. Three people in the know told us that NPCI plans to let consumers store their UPI IDs at merchant checkpoints, similar to how debit and credit cards are …

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