You are here: Home » Finance » News » Others
No need to be 'overtly' worried about fall in rupee: DEA Secretary
RBI hikes capital adequacy ratio for urban cooperative banks to 12%
Business Standard

Cross-border payment: Four firms complete test in RBI's 2nd sandbox cohort

The four entities are: Cashfree Payments, Fairex Solutions, Nearby Technologies, and Open Financial Technologies

Topics
Reserve Bank of India | RBI | Cashfree

BS Reporter  |  Mumbai 



Payments App
Cashfree’s product extends a cross-border payment platform to facilitate the purchase of assets listed on foreign exchanges.

Four entities of the eight that commenced testing of their products in the second cohort under the Reserve Bank of India’s (RBI) regulatory sandbox structure themed “Cross Border Payments” have completed the “Test Phase”, the central bank informed on Tuesday.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Tue, July 19 2022. 20:24 IST

RECOMMENDED FOR YOU

.