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Cashfree News
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One97 Communication denies any link with merchants under ED scanner.
Paytm said that none of the funds frozen by the Enforcement Directorate (ED) belongs to it .
ED conducted raids Razorpay, Paytm, and Cashfree premises on Saturday.
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ED raids at six premises of online payment gateways such as Razorpay, Paytm, etc in Bengaluru.
It has seized Rs 17-crore worth funds kept in "merchant IDs and bank accounts of these Chinese persons-controlled entities".
Razorpay and Cashfree said they were cooperating with the federal agency while Paytm declined to comment.
)
ED raids at six premises of online payment gateways such as Razorpay, Paytm, etc in Bengaluru.
It has seized Rs 17-crore worth funds kept in "merchant IDs and bank accounts of these Chinese persons-controlled entities".
Razorpay and Cashfree said they were cooperating with the federal agency while Paytm declined to comment.
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