B2B payments firm Infibeam Avenues to roll out RediffPay after NPCI nod

Business-to-business (B2B) payments firm Infibeam Avenues is planning its foray into consumer-facing businesses, including payments and financial services, after the company acquired a controlling stake in news website Rediff.com in August.

The Gandhinagar-based company has applied to the National Payments Corporation of India (NPCI) for a third party application provider (TPAP) licence.