https://preview.redd.it/dy00hzh121t51.png?width=497&format=png&auto=webp&s=7c7237199e9082b8703d97588727eb6459f9c5f1submitted by NewsPressInida to u/NewsPressInida [link] [comments]
RapiPay Fintech Pvt. Ltd., owned by the listed Capital India Finance Ltd., has recently launched Micro-ATM services through collaboration with Maximus as the technology service provider (TSP).
RapiPay has a network of over one lakh agents (merchants/shopkeepers) to provide Banking and Financial Services across India, especially in the hinterland of the country. As a business correspondent of multiple banks, RapiPay aims to address the major issue of lack of ready access to banking services in smaller towns through a comprehensive, digitized banking service enablement program. The company holds a prepaid payment instrument license from RBI and offers remittances, Micro-ATM, AePS and bill payment services to millions of end consumers through its agents who are called RapiPay Saathis.
Maximus, as the technology partner, offers the entire digital rails to RapiPay to enable the latter to penetrate newer segments and offer essential financial services to customers near their doorstep. Maximus uses cutting-edge technology to engineer unique financial and payment products and offers these as hosted services. Maximus has the widest range of digital and card-based solutions among service providers and its customer footprint encompasses banks, payment companies and service providers across ten countries.
Yogendra Kashyap, CEO, RapiPay stated “We are delighted to partner with Maximus for technology services for the Micro-ATM. Micro-ATM service is an important leg of our fintech journey. While we already provide ATM cash withdrawals through AePS (Aadhaar-enabled Payment Systems), with launch of our Micro-ATM handheld devices, we are taking the Micro-ATM and fintech industry to the next level.”
V. Shankar. Founder & CEO of Maximus added “The RapiPay Micro-ATM project involved building customized interfaces between our Switch and RapiPay’s middleware. In addition to transaction processing, we are providing sophisticated, automation-driven reconciliation and dispute management support, with up-to-date information available on intuitive dashboards. There is a strong intersection of interests between RapiPay and Maximus and we will continuously evolve to fulfil the digital vision of RapiPay through our innovatively engineered solutions. We are delighted that RapiPay has chosen Maximus for its technology platforms.”
About CIFL (RapiPay’s parent company)
RapiPay Fintech Pvt. Ltd. is a subsidiary of Capital India Finance Limited (CIFL), which is an India-focused, well capitalised and less leveraged NBFC. CIFL focusses on providing customised financial solutions to Mid-corporates and SMEs for their growth and working capital requirements. CIFL provides home loans in affordable segment through its HFC, Capital India Home Loans. Its fintech wing is RapiPay, which provides remittances and Micro= ATM services. Recently, CIFL has forayed into forex business by the name of RapiPay.
About Maximus Infoware (India) Pvt. Ltd.
Established in 2007, Maximus offers omni channel solutions for the BFSI, Transit, Smart Cities, Retail and Telecom sectors. Its EFT switching, digital payments, reconciliation, fraud & risk management and cash management solutions use innovative technologies and are state-of-the-art. The product portfolio of the company covers full digital payment, assisted payment and card-based payment rails for Rupay, VISA, MasterCard and other international schemes. Maximus delivers unparalleled service levels to its customers spread across ten countries under both hosted and on-premise deployment models. Its payment products are PA-DSS certified and the IT processing infrastructure is PCI-DSS and ISO/IEC 27001:13001 certified.
For business enquiries:-
[[email protected]](mailto:[email protected])
submitted by idealstockinvestment to u/idealstockinvestment [link] [comments]
Infosys: Information technology services provider Infosys Ltd declared its third quarter earnings after market hours on Friday. The company’s net profit for the third quarter ended December stood at ₹4,457 crore, up nearly 11% quarter-on-quarter. Also, the IT major’s audit committee found no evidence of financial impropriety or executive misconduct against its CEO Salil Parekh following a detailed probe into whistleblower allegations.
Vodafone Idea: In view of two-year moratorium granted by the department of telecommunications (DoT) on deferred payment liabilities towards spectrum payments to telecom companies, Vodafone Idea has decided to utilize ₹2,826 crore earmarked for the same against repayment of loans and redemption of non-convertible debentures.
Yes Bank: The board of directors of Yes Bank on Friday approved raising of funds up to ₹10,000 crore through a mix of equity and debt and decided not to proceed with the offer from Erwin Singh Braich-SPGP Holdings. Also, Yes Bank’s co-promoter Rana Kapoor and his family-run firms have completely exited the bank, taking their stake in the institution to nil, thereby losing all control and voting rights in the bank.
Edelweiss Financial Services: The Enforcement Directorate (ED) on Friday issued summons and called for information from Edelweiss group and its Chairman Rashesh Shah in a ₹2000 crore Foreign Exchange Management Act (FEMA) case. However, the company on 12 January in a filing with exchanges said that Edelweiss has no relationship with Capstone Forex and all allegations of FEMA violations are false.
Reliance Home Finance: Anil Ambani lead Reliance Home Finance on Sunday said an independent forensic audit, mandated by lenders, has found no fraud, embezzlement or diversion and siphoning of funds in the company that is seeking debt resolution. In a statement, the company said the audit made “no adverse findings” on the quantum and end-use of lending.
Adani Gas: The gas distributor has sought a perpetual loan of $350 million from its promoters to finance expansion, according to a Mint report. The Adani group company has approached three promoter group entities—Adani Rail Infra Pvt. Ltd, Adani Infra India Ltd, and Adani Properties Pvt Ltd—for the loan. Adani Gas Ltd will pay an interest of 9% for the loan, and spend about $50 million of the $350 million for retail distribution.
Tata Steel: The company on Friday announced that Tata Steel Netherlands Holdings B.V. (TSNHBV), a 100% subsidiary of Tata Steel Limited, has executed agreements for the refinancing of its bank debt. TSNBHV has raised term loan facilities of EUR 1.75 billion from 19 banks. This represents a reduction of EUR 500 million versus the external debt outstanding in Tata Steel Europe as of Mar 2019, enabling the standalone European business to have a more robust balance sheet.
Hindustan Construction Company: Lenders of Ajit Gulabchand’s Hindustan Construction Co. Ltd. (HCC) on Friday said they were going to carve out about ₹2,100 crore of debt on the construction firm to a third-party-controlled special purpose vehicle; certain arbitration awards and claims will also move to the SPV and will significantly deleverage the company and address its asset-liability mismatch.
Lupin: The pharma company on Saturday said it has received two observations from the US health regulator following the inspection of its Nagpur manufacturing facility. A prior approval inspection was carried out by the United States Food and Drug Administration at the company’s Nagpur oral solid dosage manufacturing facility between January 6-10, 2020, Lupin said in a filing to BSE.
Auto Stocks: Passenger vehicles sales declined 1.24% year-on-year in December to 235,786 units as manufacturers decided to cut production to match subdued retail demand and reduce inventory of Bharat Stage -VI emission norms compliant vehicles. The fall was largely due to an 8.4% decline in passenger car sales to 142,126 units.
Watch our Stock Market Target Calls Quality, Track sheet – Click Here or Subscribe us for Stock Market Trading >>>> Stock Cash Tips
Address: India Forex Advisors Pvt. Ltd. H-125, 1st Floor, Kanakia Zillion, LBS Marg, CST Road Junction, Bandra Kurla Complex Annexe, Kurla West, Mumbai-400070 Research & Analytics Desk: +91 8879390076 Technology & Support Desk: +91 8879630572 Treasury Audit & Bank Negotiation Desk: +91 8879630572 FX & Treasury Advisory Desk: +91 8879600618 FX Trading & Options Desk: +91 8291983820 India Forex Brokers Comparison. Compare India authorised forex and CFDs brokers side by side using the forex broker comparison tool or the summary table below. This broker list is sorted by the firm's ForexBrokers.com Trust Score. Forex Broker Accepts IN Residents Average Spread EUR/USD - Standard Minimum Initial Deposit Trust Score Overall Visit Site; Saxo Bank: Yes: 0.800: $10,000.00: 99: 5 ... Welcome to Trendz Forex India Pvt. Ltd. Welcome to Trendz Forex India Private Limited your most friendly Money changer in Delhi, the capital of India. Trendz Forex India is licensed and regulated by Reserve Bank of India and has been creating waves by putting on an impressive performance right from its inception. We are called by different names say - Money Changers, Authorized Dealers, Forex ... Welcome to Angel Forex Private Ltd, Angel Forex is incorporated on 9th July'2012; we are basically authorized Money Changer holder of FFMC license by Reserve Bank of India to Buy and Sell Foreign Exchange. The Founder of Angel Forex Private Limited is Mr. Amit Tapadia who has 20 Years Experience in the field of Foreign Exchange. He is known to ... LuLu Forex is one of the most trusted money exchange companies in India. Send money to anywhere around the globe using our services like currency change. Send Now. Get the expert advices on Forex hedging; FEMA related issues; Cost reduction strategies from one of the leading Forex Advisors since 1985. Get LIVE Rates, SMS Alerts, and Mobile App. - Forex Capital Services Pvt. Ltd. Aristh Forex India Pvt Ltd. Foreign Exchange Money Transfer Forex Card. Search for: Home; About Us; Services; Blog; Contact Us; FAQ; Portfolio; Gallery; Home. Product / Service #1. Whatever your company is most known for should go right here, whether that's bratwurst or baseball caps or vampire bat removal. Learn More . Product / Service #2. What's another popular item you have for sale or ... Welcome To HPI Forex Pvt. Ltd. HPI Forex Pvt. Ltd. We are in Service Industry Since 2011 and our motto is to give the best and honest services to the customer. We are RBI approved Full Flegeded Money Changer Since 2015, and located in the heart of India Delhi . We not only Provide the Rates ,but we also provide excellent services. Nord Forex India Private Limited- discount stock broker offering the lowest, cheapest brokerage rates in Indian Stock Market. We offer currency futures and currency option trading, brokerage services in india Live Help Software. Call Us @+91-120-4562896. Email Us @[email protected] f i l g. Nord Forex India Pvt. Ltd. About Us; Product & Services. Currency Futures & Options Corporate ... Nord Forex India Pvt Ltd 102 followers on LinkedIn Nord Forex India Pvt Ltd is the one prominent leader in currency trade market offers comprehensive range of trading services to retail investors and Indian institution. We leverage all our expertise and skills in order to ensure that our clients have a smooth and beneficial experience by making fruitful decision in trading.
[index]          
ALI FOREX PVT LTD PROVIDES FOREIGN EXCHANGE (WITH BEST RATES), WESTERN UNION, MONEYGRAM, EXPRESS MONEY SERVICES, TO ITS ESTEEMED CUSTOMERS.....MALLEPALLY Hyderabad, 500001. Forex Services Data Entry Jobs Fraud or Genuine? Forex Services Data Entry Reviews Forex Services Forex Services Data Entry Jobs Fraud or Genuine? Fore... Hello friends, In this video you will get the full plan details of DI INDIA PVT. LTD. Www.diindia.us Joining Amount Rs.1320 Products :- 1 Year Mobile Recharge with free data & call + Rs.1500 Cashback HANAMKONDA FOREX PVT LTD WARANGAL. Loading... Unsubscribe from HANAMKONDA FOREX PVT LTD WARANGAL? ... Gravitas: India: The World's Vaccine Producer - Duration: 4:08. WION 273,315 views. New; 4:08 ... Speaker- Mr. Adwait Venkitachalam, Director Bizsolindia Financial Services Pvt Ltd. Takeaways from Webinar Surviving the Volatile Currency Markets with Better Forex Strategies Industry-Leading ... Visit Our Site:Learn More Here: https://bit.ly/32tkQy5 - What Does Online Trading Brokers India - Lulu Forex Pvt Ltd Kolkata India: Do? Finding the very best... Mr. Abhishek Goenka (Founder & CEO, India Forex Advisors Pvt. Ltd) shares his views on CNBC Awaaz -- Pehla Sauda.He gives immediate target of 54.50 with over...