Leading Payment gateways across the country are being questioned over allegations of enabling money transfer for clients with linkages to Chinese betting apps. According to latest reports, RazorPay, a Bengaluru based Unicorn payment service provider, has been probed. It is reported that a number of Indians betting on Chinese apps were routing funds to the tax-free Cayman Islands. Any cost made by Indians to any app or a pockets should be routed via a cost gateway. This can be the primary time the ED triggered the Prevention of Money Laundering Act of 2002 (PMLA) towards the cost gateway corporations. Some...