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BillDesk looks to sell off its payment gateway business

Shortpedia

Content Team
Image Credit: Shortpedia

Domestic payment gateway BillDesk is once again looking for buyers, after an unsuccessful attempt in 2018. Reportedly, there are two major reasons to sell off the business. Firstly, the demand for digital payment platforms and ewallets embedded with ecommerce benefits has increased significantly over the past year, but BillDesk has stuck to its payment gateway which enables only banking and merchant website transactions.