The Indian digital financial service platform, MobiKwik has announced to launch Unified Payments Interface (UPI) on its platform through its own VPA handle called “@ikwik” for making payments unlike the one offered by non-banking entities. The company has also assured its users about safety being given utmost priority so that users don’t have to worry […]
Gurgaon based digital wallet and financial services platform True Balance raise $23 Million in a Series B funding. The company has raised total $38.6 Million funding so far. The funding will use towards talent acquisition and expanding benefits of need-based financial services. The funding saw the participation from Japan-based global messenger Line Ventures Corporation, Korean search […]
Paytm, the Indian payment gateway mammoth, has redesigned its app to make it more user friendly and spontaneous. The application update allows users to personalize the app and provide a better overall experience to the user by displaying the most used ways of customizing the app. Transferring money is also something that the Paytm engineers […]
Indian industrialist tycoon Ratan Tata backed Niki.ai has tied up with Kerala-headquartered Federal Bank to launch a virtual assistant in Federal Bank’s smartphone application, a financial daily reported. Federal Bank confirmed saying that the chatbot will be helping customers to access m-commerce services right within the app, VCCircle reported. With this integration, the customers can […]
The Reserve Bank of India will be issuing new Rs 10 notes under Mahatma Gandhi series. The new Rs 10 notes will soon be available in chocolate brown color as the base with a picture of Konark Sun Temple. As per the source, the government has already printed around 1 billion pieces of the new […]
After disrupting the telecom industry in India, Reliance Jio is now set to launch an ecommerce platform, leveraging its penetration and millions of subscribers. As per the reports by ET the company is working with kirana stores and consumer brands to let people buy locally using coupons via Jio Money platform or even text messages. The project […]
Alphabet Inc’s Google has finally forayed into the payments space, by launching its app ‘Tez’ exclusively in India on Android and iOS. The app is now available on Play Store and App store for the users to download. Google’s VP for Next Billion Users Caesar Sengupta launched the app at an event in New Delhi […]
Digital wallet platform Paytm is in early talks to Acquire online deals startup Nearbuy to strengthen its hyperlocal play, according to two people familiar with the development.
Indian Post has sent a notice to digital payments company Paytm, asking them to stop using the term ‘postcard’ for one of its newly launched products Paytm Postcards. The digital wallet firm had recently introduced Paytm Postcards, a digital option to gift money to someone on festive occasions, launced during Rakhsa Bandhan this year. As […]
New Delhi, May 23- Targeting 500 million customers by 2020, digital payments firm Paytm today launched its payments bank with 4 per cent interest rate and cashbacks on deposits, zero fees on online transactions and no minimum balance requirement. Backed by Chinese firm Alibaba and Japanese conglomerate SoftBank, the company has earmarked initial investment of […]
In what it claims to be a first in the country leading private sector lender ICICI Bank today launched ‘Eazypay’, an app for merchants, retailers and professionals to accept payments on mobiles from multiple digital modes. The Eazypay, based on the Unified Payment Interface (UPI) of the National Payment Corporation, allows a person to make […]
CBI has registered an FIR against some customers of digital wallet Paytm on the company’s complaint that it has allegedly been cheated to the tune of Rs 6.15 lakh by customers based here. It is rare for the agency to take up such cases unless they have been referred by the central government or there […]