#payment-gateway
Free Instant Payments Still Need a Revenue Model
Instant payments may look free to the person tapping “send,” but somebody must pay to keep the money moving around the clock. News surrounding India’s instant payments framework shows some of the economics underpinning faster funds. Beginning Oct. 15, a 0.4% …
CBSE portal was hit by malicious attack; 50 children got into system: Sources
A malicious attack on the CBSE revaluation portal's payment system granted unauthorized access to around 50 students, causing abnormal fee displays. The issue, linked to the HDFC payment gateway, led to fee fluctuations from Rs 1 to nearly Rs 68,000. Experts …
Education Minister Dharmendra Pradhan, Finance Minister Sitharaman discuss CBSE payment gateway overhaul; 4 PSU banks to assist
Union Education Minister Dharmendra Pradhan has initiated a significant overhaul of the CBSE payment gateway system. This move follows widespread complaints from students and parents regarding failed transactions and fee issues. Four public sector banks will …