BillDesk to receive funding from Visa to expand its footprints in South Asia

Payment gateway service provider BillDesk is raising a new funding round from a multinational payments processor Visa. The funding will be used by the Indian payment gateway to expand its footprints in South Asia.

The infusion of fresh capital will also help BillDesk to develop new product lines for its payments and loyalty businesses and also expand its footprint into other regions, said Visa in a public statement. It also added that the investment will be subject to necessary statutory...

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