Instamojo intends to opt out of the payment aggregation business and has no plans as of now to reapply for a payment aggregator authorization with the Reserve Bank of India (RBI), its co-founder ...

Instamojo faced an existential crisis in October 2023 after the RBI barred it from operating as a payment aggregator, leading to a major pivot The company since then moved into the ecommerce SaaS ...

Mastercard-backed Instamojo has shut down its payments aggregator business after the Reserve Bank of India returned its licence application. “As of September 27, we have shut down the payment ...

New Delhi: Online payment gateway Instamojo Technologies Pvt. Ltd Monday said demonetisation has pushed up the use of its service by small and medium enterprises (SMEs). “While retail stores, street ...

Bangalore: At a time, when the Indian government is trying to make digital payment mainstream and several forms of digital payment modes and apps are available in the market, yet the adoption of ...

Payment collection platform Instamojo is opening up its app store to allow startups and companies to list their services as a storefront and charge users in form of subscriptions, the company said in ...

Technology for MSMEs: E-commerce enabler and payment gateway startup for micro, small, and medium enterprises (MSME) — Instamojo has acquired Times Internet-owned GetMeAShop (GMAS) for $5 million.

Global payments giant Mastercard said on June 28 that it has invested an undisclosed amount in payments firm Instamojo, a move which will help digitise online stores and process their payments more ...

In 2010, Sampad Swain, an active blogger, needed some monetary help from regular site visitors but discovered there was no quick and easy digital payment solution available for individuals or even ...

Mastercard on Monday said it has made a strategic equity investment in payments and online selling platform Instamojo to provide millions of micro, small and medium enterprises easy-to-use solutions ...