Saturday, 08 October 2022

 

 

LATEST NEWS Harbhajan Singh ETO Hands-Over Appointment Letters To 15 Candidates On Compassionate Grounds Bhagwant Mann Government issues notification for regularising services of 8736 contractual teachers Defiled in cattle hit, Vande Bharat Express train undergoes a 'nose-job' Don't want to retire, I'll make a comeback soon : Olympic medallist Mary Kom Imran Khan says 'four people' hatching a plan to assassinate him Chiranjeevi-starrer 'Godfather' collects Rs 69 crore worldwide in two days Women's Asia Cup : Giving chances to other batters backfired : Harmanpreet Kaur after 13-run loss to Pakistan Japan Open : Frances Tiafoe races into semis with win over Miomir Kecmanovic Health Minister Chetan Singh Jauremajra conducts surprise check at the office of Director Medical Education and Research Gautam Gambhir announced as Global Mentor of Super Giant franchises in IPL, SA20 leagues Google reveals Pixel tablet, to arrive in early 2023 Arun Bali passes away at the age of 79 Women's Asia Cup : Nida Dar's all-round show, bowlers help Pakistan secure upset win over India Mani Ratnam's 'PS1' grosses over Rs 300 crore worldwide in a week Ahead of T20 World Cup, Lance Klusener steps down as Zimbabwe's batting coach with immediate effect DMK intra-party polls : Tamil Nadu Chief Minister M.K. Stalin files nomination for president's post IND v SA : David Miller-Heinrich Klassen partnership was the difference between South Africa and India : Keshav Maharaj FIH-Player-of-the-Year award will motivate me to work harder : Harmanpreet Singh South Indian Movies To Be Released in November 2022 Zonal Youth Festival of Education Colleges concluded Bigg Boss 16 Update: Speculated First Eviction Of The Season

 

Razorpay acquires offline payments firm Ezetap for up to $200 mn

Technology, Razorpay, Fintech Services Platform, Ezetap, New Delhi

Web Admin

Web Admin

5 Dariya News

New Delhi , 18 Aug 2022

Fintech services platform Razorpay on Thursday announced it has acquired offline payments services provider Ezetap, becoming one of the few companies globally with a significant online and offline presence in payments.

According to sources, the deal size is around $150-200 million. This marks Razorpay's sixth and biggest acquisition to date.The Ezetap Team of around 300 employees will join Razorpay and work as an independent business unit.

"We believe that the businesses of tomorrow will not distinguish between physical and digital channels and will expect a unified payment experience through a single integrated platform," said Harshil Mathur, CEO and Co-founder, Razorpay.

Ezetap provides software for financial technologies, including point of sales (POS) solutions, billing, loyalty solutions among others, enablingAbusinesses to accept payments in-store and on-delivery.It currently serves over 500,000 touchpoints, including Amazon and BigBasket, and works closely with banks like SBI, HDFC, ICICI and Axis, among others, processing over $10 billion in annual transactions on its platform.

"We join Razorpay's suite of products to collectively offer businesses the best-in-class omni-channel payments experience and are excited at the limitless possibilities that together both the companies are looking to explore in the omnichannel payment world," said Byas Nambisan, CEO of Ezetap.

Prior to this, Razorpay acquired fintech startup IZealiant Technologies, Malaysia-based Curlec, TERA Finlabs, Opfin and Thirdwatch.With a $80 billion total payment value (TPV) as of April, Razorpay is eyeing a 10-12 million merchant base by next year.

 

Tags: Technology , Razorpay , Fintech Services Platform , Ezetap , New Delhi

 

 

related news

 

 

 

Photo Gallery

 

 

Video Gallery

 

 

5 Dariya News RNI Code: PUNMUL/2011/49000
© 2011-2022 | 5 Dariya News | All Rights Reserved
Powered by: CDS PVT LTD