Fintech

OmniCard collaborates with ONDC as the first fintech to issue corporate gift cards

OmniCard has become the first FinTech company to issue exclusive ONDC Corporate Gift Cards. ONDC is a non-profit organization established by the Indian government to promote open e-commerce. The collaboration between OmniCard and ONDC aims to create more accessible and secure digital commerce experiences. The gift cards can be used on various ONDC Buyer Apps, …

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Paytm first to enable merchants with alternate ID-based checkout solution

Paytm Payments Services Limited, a subsidiary of One97 Communications, has become the first in the industry to offer an alternate ID-based guest checkout solution for merchants. This solution allows customers to make purchases without saving their card details on the merchant’s website, making the process faster and more secure. Paytm has integrated with card networks …

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MobiKwik logs profit for 2nd quarter in row

MobiKwik, set to go public, has achieved a second consecutive quarter of positive after-tax profits. The fintech company recorded a net profit of Rs 5 crore in the quarter ending September. It reported a 52% year-on-year growth in revenues, reaching Rs 208 crore in Q2.