Payments

ItzCash parent Ebix to buy YouFirst Money

ItzCash parent Ebix to buy YouFirst Money In its second acquisition in the remittance space in India within a week, US-based software services firm and ItzCash parent Ebix Inc has agreed to acquire the money transfer service scheme (MTSS) business of YouFirst Money Express Pvt. Ltd. The deal comes soon after it bought BSE-listed Wall … Continued

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For more and more Indians, ‘cashless’ is king

The Hindu Business Line, Mumbai, October 30, 2016 For more and more Indians, ‘cashless’ is king The Center’s initiative to move from a cash-driven economy to a cashless one so as to improve audit trails, plug revenue leakage, and target subsidy transfers to the needy seems to be bearing fruit.Data from the RBI, sourced through … Continued