MUMBAI: This stumbling block faced by many consumers may be fixed if a pilot rolled out by the National Payments Corporation of India (NPCI) last month works out.
Why such problems occur is that merchant platforms such as Amazon and Flipkart typically tie up with payment aggregators or gateways such as CCAvenue and PayU, which in turn individually partner with multiple banks to enable netbanking. This involves individual reconciliation with each bank and then settlement with the merchants.
Esta historia es de la edición January 04, 2025 de Hindustan Times Navi Mumbai.
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Esta historia es de la edición January 04, 2025 de Hindustan Times Navi Mumbai.
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We have no time to stand and stare
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