ravi singh

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

ItzCash enables Bharat QR on its PoS terminals

ItzCash enables Bharat QR on its PoS terminals ItzCash, a leading fin-tech company, has rolled out ‘Bharat QR code’ feature across its retail network. With this, users can scan and pay money with ItzCash’s ‘Point-of-Sale (PoS)’ devices by simply flashing their cell phones. “This means that customers have multiple options to make payment through this device – … Continued

US Based Ebix Invests $123 Mn In ItzCash, Acquires 80% Stake; Matrix, Lightspeed, Intel Exit

US Based Ebix Invests $123 Mn In ItzCash, Acquires 80% Stake; Matrix, Lightspeed, Intel Exit US-headquartered Ebix Inc., has invested $123 Mn (INR 800 Cr) in Mumbai-based payments solution firm ItzCash against 80% stake in the company. The funding has been done at a valuation of $150 Mn and Ebix will now be the majority shareholder in the company. … Continued

ItzCash partners with Prabhu Money Transfer India for remittance to Nepal

ItzCash partners with Prabhu Money Transfer India for remittance to Nepal Domestic remittance and digital payments company ItzCash has ventured into cross-border remittances through its partnership with Prabhu Money Transfer India, a remittance company in Nepal to enable Nepali diaspora settled in India to remit money back home through ItzCash’s 75,000 agent network spread across … Continued

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ItzCash to deploy more point of sales terminals for larger digital acceptance network

ItzCash to deploy more point of sales terminals for larger digital acceptance network Digital payments company ItzCash is planning to scale up its Point of Sales terminals in order to enable its merchants to accept digital payments through cards. Having already deployed 30,000 terminals post demonetisation, the company plans to scale it up to 1 … Continued