#juspay — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #juspay, aggregated by home.social.
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RateGain Partners with Juspay to Power ‘RG Pay’ for Travel & Hospitality
As the travel industry scale globally, the way transactions are handled is becoming just as critical as the journey itself. In a move that signals a deeper shift toward integrated travel commerce, RateGain Travel Technologies Limited has partnered with Juspay to launch RG Pay, a high-performance payment solution designed for the global travel and hospitality ecosystem. More than a traditional payment gateway, RG Pay positions itself as an infrastructure layer that supports the entire […] -
PhonePe and Juspay end payment partnership, Marking a Major Shift in the Digital Payment Sector
#phonepe #payment #partnership #digitalpayment #juspay #fintech #technology #trendingnews
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It is important to note that #RBI has allowedt third parties like #JusPay to store card details and act as #CoFT service provider - with no checks and balances.
For example - the same #JusPay lost card details to a databreach. https://www.hackread.com/juspay-data-breach-card-data-sold-dark-web/
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Note the URL - api.juspay.in/v2/txns/consent/<merchantName>/<referenceId>
The page didn't have any information - on whom I am consenting, what am I consenting, under what terms? That's classic example of how NOT to collect consent #JusPay
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Just like how #RecurringPayments created new intermediaries #SIHub #MandateHQ for processing mandates, #CoFT introduces new intermediaries when you want to use "Saved Cards" from any merchant. #JusPay is one such #CoFT service provider.
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#CashlessConsumer #CoFT aka Card on File Tokenization - implementation by #JusPay for several merchants - where #Consent is taken without providing *any* details, except saying "RBI Guidelines" and using the word "Secure" in misleading way 🧵