RBI, however, did not name the card network but said that only one card network has operationalised this arrangement of enabling businesses to make card payments through certain intermediaries to entities that do not accept card payments.
The fourth edition of the Visa Accelerator Program invites applications from growth-stage start-ups. It will emphasise on development of proof of concept, product solutions, and fast-tracked commercialisation, among others.
It enhances cardholders' safety during online transactions by providing an option to complete the payment process as a guest and avoid saving card details
Founded by former Pinterest engineer Mohak Nahta, Atlys aims to simplify the visa application process for users by using phone cameras to scan documents and providing step-by-step guidance throughout the entire process