Times Of India Group owned by Bennett, Coleman and Co. Ltd (BCCL) has apparently found a buyer for its Digital Payment gateway TimesofMoney. Network International LCC, a payment solutions provider based in Dubai has made an undisclosed offer to buy the same. Experts peg the value of the company to be about Rs. 700 Crores (US$ 126 Million) & BCCL is expected to exit at a premium pegged at Rs. 800-1000...

TimesofMoney’s DirecPay will offer single stage payment services for cloud e-commerce company Power Stores. Power Stores is a ‘Made In India’ endeavor that is built to help Indian retailers overcome their online inhibitions. The company claims to understand the needs, requirements, challenges and obstacles faced by Indian companies who want to explore the online retailing world, but are intimidated...

It has been unanimously agreed that E-Commerce is booming. More and more people are shifting traditionally time consuming tasks to the online sphere, in all sectors.  While E-Commerce has not been perfect. Quite often, transactions fail to happen and the consumer, getting frustrated, abandons the process. DirecPay has launched a new tool that aims to counter just that. direcpay TimesofMoney, part...

TimesofMoney has launched DirecPay is a bank neutral payments aggregator service for merchants to facilitate online shopping and act as a single interface between customer, bank and the merchant. DirecPay supports credit cards, debit cards and net banking transactional capabilities across a spectrum of banks & credit cards. Direcpay has a tie up with over 20 banks for net banking and currently...