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Tag Archives: payments

Budget 2017: Payments Industry Hails Proposal to Cap Cash Transactions and More

The payments industry has hailed Budget proposals to cap cash transactions at Rs. 3 lakh and reduce the levies on digital payment equipment, saying the moves will fasten the less-cash drive. “We welcome various measures to promote digital economy announced in the new Budget,” ItzCash head and Chairman of the industry lobby Payments Council of India said in a statement. ... Read More »

Apple iMessage Update Lets You Send Payments, Edit Photos, More

Until very recently, the thought of Apple (NASDAQ:AAPL) ever opening its applications like other companies for developers with APIs and SDKs wasn’t even contemplated. The company is notoriously protective of its platform, so when it announced third party developers would have access to several of its applications, including Messages, which is the company’s most used app, at the Apple Worldwide ... Read More »

U.S. Bank and Sage Announce AP Optimizer to Streamline Invoice Payments

U.S. Bank (NYSE:USB) and Sage (LON:SGE) announced this week at Sage Summit 2016 in Chicago a new partnership that will benefit Sage customers in the U.S. and Canada. The partnership centers around the introduction of AP Optimizer, an application built by U.S. Bank that lives inside the Sage Live accounting platform. Its purpose, according to Bradley Matthews, head of Middle Market ... Read More »

AAI Will Soon Allow Digital Payments of Airport Parking Charges

AAI Will Soon Allow Digital Payments of Airport Parking Charges To make things easier, Airports Authority of India (AAI) will start digital payment system for paying parking charges at the aerodromes this month. The national airports operator, which is not charging parking fee at aerodromes till November 28 midnight in the wake of demonetisation of high-value currencies, will begin the ... Read More »

PayPal Founder Raises $100 Million for New Payments Startup ‘Affirm’

  Affirm, a startup led by PayPal co-founder Max Levchin, said Thursday it secured $100 million (roughly Rs. 667 crores) in financing to expand its consumer lending business that aims to disrupt the credit card industry. The financial tech company said it had obtained the line of credit from investment bank Morgan Stanley. That brings Affirm’s financing to over $400 million ... Read More »

U.S. Bank and Sage Announce AP Optimizer to Streamline Invoice Payments

U.S. Bank (NYSE:USB) and Sage (LON:SGE) announced this week at Sage Summit 2016 in Chicago a new partnership that will benefit Sage customers in the U.S. and Canada. The partnership centers around the introduction of AP Optimizer, an application built by U.S. Bank that lives inside the Sage Live accounting platform. Its purpose, according to Bradley Matthews, head of Middle Market ... Read More »

Airtel to launch payments bank in Q2 FY17

HIGHLIGHTS Airtel bills financial institution become previously called Airtel M commerce offerings. It obtained a bills financial institution licence from the RBI on April eleven. Kotak Mahindra has acquired a stake in Airtel bills financial institution. Bharti Airtel’s cellular commerce subsidiary, Airtel M trade offerings, has been renamed Airtel bills bank. The agency plans to release its payments financial institution ... Read More »

Paytm Says may also begin payments financial institution Operations in August

digital payments firm Paytm expects to begin its bills financial institution operation in the usa with the aid of August. The Noida-centered agency had obtained an in-precept approval from RBI to installation a paymentsfinancial institution in August final yr. bills bank can receive call for deposits and savings bank deposits from individuals and small agencies,as much as a most of ... Read More »