Fresh raids by ED at Paytm, PayU, and other payment gateway offices: Report

The Enforcement Directorate (ED) is conducting raids at multiple locations belonging to payment gateway i.e Paytm and PayU in connection with a case pertaining to Chinese Loan apps.

Sources said that raids were going on in Mumbai, Delhi, Gurugram, Lucknow and Kolkata.

The ED has not given any official comment on the matter.

On September 3 raids were conducted at the premises belonging to online payments gateway including Razorpay Pvt Ltd, Cashfree Payments and Paytm Payment Services Ltd.