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January 1 alert: New RBI Guidelines means online payments to see some chaos in new year

Posted on Posted in Business by 35 views

RBI’s new mandate will change the way you handle your online payments. The Reserve Bank of India has a new set of guidelines for payment gateways and online merchants that would stop them from storing customers’ card details. This clearly means that you will have to remember your 16 digit card number or…

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Paytm registers weak stock market debut, lists at heavy discount

Posted on Posted in Business by 45 views

Leading online payments platform Paytm’s operator One97 Communications registered a weak debut on Dalal Street, listing at a discount of 9 per cent compared to the issue price after its Rs 18,300 crore initial public offering (IPO). The stock opened at Rs 1,950 on the National Stock Exchange (NSE), while the…

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