Rs 500, Rs 1,000 note ban. Industry terms it ‘watershed’ moment in fight against black money: Read what Experts say

Rs 500, Rs 1,000 note ban. Industry terms it ‘watershed’ moment in fight against black money: Read what Experts say

Firstpost, Mumbai, November 8, 2016 Industry overwhelmingly welcomed the government's move to ban Rs 500 and Rs 1,000 rupee notes. Stalwarts of the industry are optimistic that this move by the Modi government will curb unaccounted-for cash in the economy. Here are some of the reactions: SBI Chairman Arundhati Bhattacharya: "We have just now been advised of the Govt move to demonetise current series of Rs 1000 and Rs 500. We have handled demonetisation earlier and will do so again. Tomorrow Banks will...

ItzCash eyes Rs 60 crore from corporate gifting during festive season

ItzCash eyes Rs 60 crore from corporate gifting during festive season

Times of India, Chennai, October 19, 2016 ItzCash, a leading player in the digital payments space, is eyeing Rs 55 crore-Rs 60 crore in revenues from its 'corporate gifting' segment during the festival season. The company said it is all set...

Naveen Surya in Q&A with Raghu Krishnan – Business Standard

Naveen Surya in Q&A with Raghu Krishnan – Business Standard

Business Standard, Mumbai , September 29, 2016 "The reality of payments firms is, we are relevant to urban and rural" "The digitally-savvy Indian uses physical cash for 30-40 per cent of her spending. So you can see the opportunity for a differentiated...

Corporate Profile

Corporate Profile

Distribution Network ItzCash since its inception has forged a formidable distribution network of over  2,00,000 outlets branded as ItzCash Point and over 50000 franchisees branded as ItzCash World, these outlets are spread across 2500 towns which include tier 1 ~ tier...

Vision & Values

Vision & Values

Vision To become the largest, most trusted Payment Solutions Company by opening up a world of unlimited possibilities for all our customers and stakeholders Mission To create innovations that will empower each and every individual to handle money in a simple, safe and...

Business Overview

Business Overview

Launched in 2006, Itz Cash Card Ltd. is the first to introduce payments on mobile, internet and IVRS through India’s first "Multi Service Pre-paid Card Company”. ItzCash pioneered introduction of multiservice stored value prepaid cards in India of various denominations which can be used to purchase various goods and services based on anywhere, anytime concept. Itz Cash Card Ltd. is the first company which has been issued the Certificate of Authorization, by the Reserve Bank of India (RBI) under the Payment...

Key Milestones

Key Milestones

More than 8 million unique active users and rapidly increasing Processes more than one lakh transactions daily Processes more than Rs. 100 mn - Rs. 150 mn worth transactions daily Largest payment gateway on IRCTC (online railway ticket booking in India) amongst 34 odd payment gateways. Have won various awards including "Innovative Use of Technology" Itz Cash Card Ltd. is one of the first companies which have been issued the Certificate of Authorization, by the Reserve Bank of India (RBI) under the Payment and Settlement...