App Development

ED Freezes Funds Worth Rs. 46.67 Kept in Payment Gateways Easebuzz, Razorpay, Cashfree, and Paytm: Report

ED Freezes Funds Worth Rs. 46.67 Kept in Payment Gateways Easebuzz, Razorpay, Cashfree, and Paytm: Report

The Enforcement Directorate (ED) reportedly conducted raids at premises of online payment gateways including Easebuzz, Razorpay, Cashfree, and Paytm this week over the alleged irregularities in instant app-based loans. The central agency has reportedly seized Rs. 46.67 crore worth of funds kept in various bank accounts and virtual accounts.

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