Tag: infibeam avenues
Gateways seek GST waiver on low-value commissions
Mumbai: Ahead of the GST Council meeting on December 21, payment gateway operators have made representations to the finance ministry against levying 18% GST on…
GST council meeting: GST on online transactions up to Rs 2,000 to be referred to fitment committee: Uttarakhand FM Premchand Aggarwal
The decision on the recommendation to levy 18 per cent GST on payment aggregators’ income from transactions under Rs 2,000 has not been made, reported…
Infibeam Avenues to acquire 54% stake in Rediff.com
Ahmedabad: Gujarat-based Infibeam Avenues Ltd announced on Friday that it has entered into an agreement to acquire a 54% stake in Rediff.com India Ltd, one…
innoviti payments: Innoviti Payments, Concerto Software get RBI payment aggregator licences
Offline point-of-sales deploying company Innoviti Payments and payment gateway Vegaah, which is run by Concerto Software and Systems, have secured the online payment aggregator (PA)…
payments industry: Google vs Indian apps: Payments industry seeks legal changes against Google’s app billing policy
Payments Council of India, which represents all the major payment companies of the country under IAMAI (Internet and Mobile Association of India), wants the government…
infibeam avenues pirimid fintech: Infibeam Avenues acquires 49% stake in capital markets software provider Pirimid Fintech
Payments solution provider Infibeam Avenues on Thursday said it has acquired a 49% stake in capital markets financial software provider Pirimid Fintech for Rs 25.1…
iamai: Startup chiefs join fray for IAMAI elections
In a bid to have a greater say when it comes to policy making for the digital sector, Indian startup founders have come together and…
Paytm, Google Pay, Amazon Pay, PayU, others: Which online payment aggregator is allowed to operate, which isn’t? RBI full list
List of PAs whose applications were returned / withdrawn – Cannot operate Name of the entity Whether Existing PA / New PA Remarks Akonto Payment…
fintech: ETtech Budget Watch: Fintechs seek ‘priority’ tag, sops in 2023 Budget
As the countdown for the Union budget 2023-24 begins, Indian fintechs are batting for incentives to help widen their participation in formal financial economy, industry…