There is speculation that only one or two small banks in South India may have been affected and that the magnitude of the damage may not be much.
MicroATMs are devices that are similar to the swipe ma chines found at retail outlets. In addition to supporting credit and debit card payments, these terminals allow customers to withdraw cash from the merchant, pay utility bills.
NHAI operates around 400 toll plazas across India’s national highways through which more than 20,000 vehicles pass each day.
. NICE Toll is in the peripheral ring road in Bangaluru – Mysuru Expressway where commuters are tolled at seven locations for two-wheelers as well as four wheelers.
Fees fixed at 0.5 per cent of transaction amount.
Zaakpay, the MobiKwik-promoted payment gateway aggregator, is being hived off as a wholly-owned subsidiary of One MobiKwik Systems, which owns MobiKwik wallet.
Backed by the strong inflow of foreign currency and strengthening of the Rupee the RBI is thought to have intervened in the market by mopping up foreign currency assets, said market sources.
P2P startups are finding it difficult to raise funds because of regulatory uncertainty.
The previous high was at $371.2 billion which was reported on September 9 of last year.
A recent report by EY on ‘Cybercrime Incidents in India’ highlights how social media is emerging as one of the biggest risk zones for cyber attacks.
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