Business-to-business (B2B) payments firm Infibeam Avenues is planning its foray into consumer-facing businesses, including payments and financial services, after the company acquired a controlling stake in news website Rediff.com in August.
The Gandhinagar-based company has applied to the National Payments Corporation of India (NPCI) for a third-party application provider (TPAP) licence.
Following a nod from the apex payments body, the company, under the RediffPay brand, will be able to offer users with Unified Payments Interface (UPI) services.
This story is from the December 24, 2024 edition of Business Standard.
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This story is from the December 24, 2024 edition of Business Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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