VARINDIA IT MAGAZINE

MobiKwik Payment Gateway clocks industry-best success rate : MobiKwik, India’s largest fintech company, today announced that MobiKwik Payment Gateway previously called Zaakpay has consistently clocked an industry-best transaction success rate of over 93%. Coupled with intelligent routing and deep integration, MobiKwik’s average transaction success rate for credit and debit cards has been recorded in the range of 90-97% and that for net banking has been in the range of 80-85%. VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

UDAAN Has Emerged Biggest Disruptor in B2B Segment in India : Udaan, a B2B e-commerce firm has created a vibrant name in the Corporate world and the business model is quiet impressive. In a short span of time achieved the valuation of a billion USD or more. VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

FSS acquires 46% stake Africa-based Ecentric Payment Systems : Financial Software and Systems (FSS) has announced a strategic investment in Ecentric Payment Systems, a Standard Bank subsidiary and a payment processor in South Africa. FSS has acquired a 46% stake in Ecentric through a combination of primary and secondary investments, with a potential to further its stake holding. VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Flipkart found the way to address new FDI norms : Flipkart found the way to address new FDI norms VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Iranian hackers ransack Citrix and took internal secrets : Iranian hackers ransack Citrix and took internal secrets VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

WhatsApp Spying on you : Now you can know what data WhatsApp has collected from you!   With respect to the General Data Protection Regulation (GDPR) act which got implemented in 2018, all the companies are now commited to send their users a copy of their data if and when asked for. Or at least they now have to make it easily accessible! VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Philadelphia banned cashless stores : The city of Philadelphia has banned cashless stores, the Wall Street Journal reported on Thursday, in a move that “will require most retail stores to accept cash” as opposed to credit cards or mobile devices. According to the Wall Street Journal, from 1 July, most stores will have to accept cash and will also be forbidden from putting a surcharge on people paying with paper money. Firms that violate the law could be fined up to $2000. VARINDIA- INDIA'S FRONTLINE IT MAGAZINE