Bank of india articles
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Paytm Payments Bank: Paytm Paytments Bank moves bill pay business to Euronet India
Paytm Payments Bank (PPBL) has migrated its bill payment business to Euronet Services India, said two people in the know. This comes after the shifting of PPBL’s retail point of sales business to RBL Bank and the settlement business for merchant payments to Axis Bank.Euronet is an American payment technology company handling backend settlement systems for several digital payment modes in India. “Since Paytm Payments Bank was asked to stop offering services, they had to migrate to someone else,...
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India's Modi banks on $400bn cash splurge to win election
The scale of India's welfare state is staggering - and Narendra Modi is betting on its gains to win votes.
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Brazilian payment company Ebanx set to start India operations with Yes Bank
Brazilian payments major Ebanx is set to offer cross-border merchant payments in India in partnership with private sector lender Yes Bank. It will offer payments infrastructure for global brands looking to sell to Indian consumers, who can use Ebanx to pay through the local currency and by using local payment methods. Besides the card payment modes, Indian consumers will also be able to pay via Unified Payments Interface (UPI), RuPay cards and other domestic payment systems.“We have partnered...