Cashfree Archives

The directive includes fintech companies like Razorpay, Cashfree, CCAvenue and Mswipe which are all regulated payment aggregators

RBI directs payment companies to track high-value, suspicious transactions during elections

PGurus Newsdesk - April 22, 2024 0

Banks have been directed by RBI to share everyday reports to the poll panel by the Chief Election Commissioner Amid the Lok Sabha 2024 elections,...

The alleged proceeds of crime were parked under merchant IDs of various Indian fintech startups, including Razorpay, Cashfree, Paytm, PayU, and Easebuzz

Fraud

Chinese loan app case: ED freezes Rs.106 crore in Bengaluru

PGurus Newsdesk - March 30, 2023 0

ED crackdown on Chinese loan apps; freezes Rs.106 cr On Wednesday, the Enforcement Directorate (ED) said it has freezed Rs.106 crore lying in merchant IDs...

The ED has seized Rs.17 crore worth of funds kept in 'merchant IDs and bank accounts of these Chinese persons-controlled entities'

Money Laundering

ED raids offices of PayTM, Razorpay and Cashfree in Chinese loan...

PGurus Newsdesk - September 3, 2022 1

ED crackdown on Chinese loan apps; searches on gateway payments in Bengaluru The Enforcement Directorate (ED) said on Saturday that it has carried out search...