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eKYC (electronic know your customer) [48] is an online, paperless Aadhaar card-based process for fulfilling KYC requirements to start investing in mutual funds without the submission of any documents. Axis Bank partnered with Visa Inc. to launch the 'eKYC' facility, and was the first organization in India to introduce biometrics-based KYC. [49]
BillDesk is an Indian online payment gateway company based in Mumbai. The company provides an online payment platform for its clients which enables banking and ...
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NACHA promoted activities and initiatives that facilitated the adoption of electronic payments in the areas of Internet commerce, electronic bill payment and presentment, financial electronic data interchange (EDI), international payments, electronic checks, electronic benefit transfer (EBT) and student lending. Certain electronic billing ...
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The company tied up with State Bank of India in 2006, [8] Punjab National Bank in 2007 [8] and Axis Bank in 2013 [9] to offer online trading to its customers. In January 2010, the company set up a mutual fund business named as Motilal Oswal Asset Management Company (MOAMC). [10]
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