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Barred from onboarding new customers
- Digital payments company Razorpay, which has been barred from onboarding new customers for its payment gateway business by the central bank, is now trying to generate more business from existing customers through new product lines, as it tweaks its go-to-market strategy.
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Oct 10, 2023 · Digital payments company Razorpay, which has been barred from onboarding new customers for its payment gateway business by the central bank, is now trying to generate more business from existing customers through new product lines, as it tweaks its go-to-market strategy.
Dec 19, 2023 · The Reserve Bank of India (RBI) has lifted ban on payment aggregators Razorpay and Cashfree after almost a year. The RBI’s authorization will enable the payment companies to onboard new...
Aug 30, 2024 · In 2024, Razorpay has doubled down on onboarding new merchants to process online payments, after the Reserve Bank of India (RBI) lifted the ban on payment aggregators like Razorpay, Cashfree...
Dec 16, 2022 · The Reserve Bank of India (RBI) has asked multiple payment gateways, including Razorpay, which had received the regulator’s in-principle nod for a payment-aggregator licence, to stop onboarding new merchants, multiple people aware of the development told ET.
Dec 16, 2022 · The Reserve Bank of India has asked Razorpay and Cashfree to temporarily stop the onboarding of new customers for their payment processing business, according to a source. On the banking regulator’s order, Razorpay said it is a temporary move and has no impact on Razorpay’s existing business operations and current merchants.
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Dec 16, 2022 · According to one of the sources, Razorpay will likely submit a report to the RBI early next week and once that is approved, the company can continue onboarding new merchants.
Dec 16, 2022 · NEW DELHI: The Reserve Bank of India has asked Razorpay and Cashfree to temporarily stop the onboarding of new customers for their payment processing business, according to a source. On the banking regulator's order, Razorpay said it is a temporary move and has no impact on Razorpay's existing business operations and current merchants.