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Cloud money platform, Uphold, has partnered with IDFC Bank (NSE: IDFCBANK) to expand its services into India. Uphold users can now create a one-time use code to email or text to anyone in India. The receipt can then instantly redeem the full value by entering the secure code through IDFC Bank’s website and the funds will be transferable into any bank account in India.
“IDFC Bank intends to simplify any form of transaction through digital innovation,” said Dr. Rajiv Lall, founder, MD and CEO, IDFC Bank. “We believe the benefits of today’s digital money ecosystem should be available to just about everyone, across geographies ... (read more)