satish.bhm2009

PhonePe gets RBI nod to operate as online payment aggregator

BENGALURU: PhonePe has received final authorisation from the Reserve Bank of India (RBI) to function as an online payment aggregator, a move that will allow the Walmart-backed fintech major to deepen its merchant services, particularly targeting small and medium businesses.The approval enables PhonePe to expand its payment gateway operations, giving enterprises access to tools for…

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‘Americans to control TikTok US board’: White House on proposed China deal; agreement expected soon

A proposed US-China agreement on TikTok would give Americans a majority on a board overseeing the app’s US operations, the White House said Saturday. “Americans will control six of the seven seats for a planned board,” White House Press Secretary Karoline Leavitt told Fox News, according to the Associated Press.Leavitt added, “We are 100 per…

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