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India searches online payment firms under Chinese control
Aggregated Source: ChinaTechNews.com

NEW DELHI (Reuters) -India’s federal financial crime-fighting agency said on Saturday it was searching the premises of online payment companies as part of an investigation of Chinese-controlled firms and individuals suspected of illicit lending practices.

Chinese-controlled online payment firms targeted

The payment companies included Razorpay Pvt Ltd, Cashfree Payments and Paytm Payment Services Ltd, the Enforcement Directorate said in a statement.

India searches online payment firms under Chinese control comes via ChinaTechNews.com.

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