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Paytm To Sell, Recharge eToll Payment Tags In India 

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Paytm Payments Bank is teaming up with ride-hailing firms — including Ola and Uber — to enable some 100,000 drivers to buy and recharge FASTags at major cities country-wide, DealStreetAsia reported on Sunday (Feb. The electronic toll collection system is operated by the National Highway Authority of India. .

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Paysafe Readies $9 Billion IPO Via SPAC

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Online payments firm Paysafe is nearing a deal with billionaire Bill Foley for a special purpose acquisition company (SPAC) merger, according to a Bloomberg report, intending for Paysafe to go public. customers transfer to Mexico, India and 16 other countries in Asia and Europe, with more to come.

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Google Reports Resurgence In Pandemic Hacking, Phishing

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Google’s security experts had their hands full in April, as its Threat Analysis Group ( TAG ) emailed 1,755 warnings to users whose accounts were targets, the California-based global technology company wrote on its blog Thursday (May 27). Slovenia, Canada, India, Bahrain, Cyprus, and the U.K.

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PayU Acquires Wibmo To Grow India Business

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To help grow its business in India, Naspers-owned PayU has acquired U.S.-based The company is paying $70 million for the firm, which is based in Cupertino but primarily operates in India, according to reports. He added that “PayU is very bullish on India as a market.”. The firm has also invested in FinTech startups.

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Big Tech Compliance Tracker: Facebook Backs Data Portability Law, Amazon Considers Registering Services As Separate Entities In India

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Amazon Mulls Registering Services as Separate Entities in India. Amazon is reportedly considering registering a portion of its entities, like Amazon Music, Audible and Prime Video, in India, CNBC TV18 reported. Data portability has turned into an important portion of the antitrust discussion domestically and in Europe.

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ToneTag CEO Sounds Off On Payments At The Speed Of Sound

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FinTech firm ToneTag said earlier this month that it has linked with First Abu Dhabi Bank, the largest bank in the United Arab Emirates (UAE). The FinTech firm — which offers software that enables sound-wave-based payments — is used by investors such as Amazon , Reliance Capital and Mastercard.

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Uber Ups Its Game With Scooters

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Mobike laid off its teams in Asia Pacific countries, according to a recent report , and those teams were made up of about 15 full-timers plus contractors through India, Thailand and Malaysia, among other countries. Laid-off team members were told that Mobike was ramping down its business, but they weren’t told why.