Moneycontrol PRO
HomeNewsBusinessStartupAfter disrupting payment gateway business, fintechs go after transaction banking pie

After disrupting payment gateway business, fintechs go after transaction banking pie

However, they face a slew of challenges, ranging from capital adequacy while facilitating trillions of rupees in volumes, to regulations that state that for such a high volume of payments, there should be multiple vendors, reducing the pricing power of these startups. Even though it is early days, a strong business model is yet to evolve

June 21, 2023 / 15:02 IST
Representative Image
Unlock This Article

Are you a PRO subscriber? Sign In

What Do You Get

  • Ad free Experience

    Seamless navigation, faster responses.

  • Expert Perspective

    Explore 230+ exclusive editorials every month

  • +

    Uncover Insights from World-Renowned Experts and Journalists

  • Actionable Insights

    40+ weekly investment ideas + 3 to 4 daily technical calls

  • Virtual Events

    Exclusive Live Webinars for Expert Trading & Investment Strategies!

  • Newsletters

    Stay ahead with daily and weekly insights

Unlock exclusive discounts