Razorpay, an online payments platform, announced today that it is waiving off all service charges on Debit Card transactions for all of its 10,000+ merchants, from 12 PM on Nov 24 till December 31, 2016. This move is aimed at helping businesses affected by demonetization and encourage users to transact online. While some banks are […]
Bengaluru Based Binge, an Indian fintech app which aggregates mobile wallets for restaurant bill payments, has been acquired by California-based direct marketing company vMobo. The amount of the acquisition was for $3.5 million. Binge’s technology was integrated with the larger entity in June, while the legalities of the merger were completed this month. The acquisition, […]
Taiwanese chip designer MediaTekis investing USD 60 million (about Rs 400 crore) in One97 Communications, which runs Paytm. The transaction values the digital payment services and e-commerce firm at about USD 5 billion. When contacted, a Paytm spokesperson confirmed the development. The funds will be used for expanding payments and commerce businesses and for building […]
Snapdeal acquired FreeCharge, a digital payments platform announced Govind Rajan as the new Chief Executive Officer of the company replaces Kunal Shah who is now the chairman. “In Govind, we have an exceptional leader, who will lead FreeCharge to become the No. 1 player in the payments ecosystem in the country,” said Kual Shah in […]
Every woman needs to be treated in a special way and to do so, VelvetCase.com has conceptualised a festival titled Women’s Online Shopping Festival (WOSF), wherein various lifestyle and fashion brands will be coming together to provide a shopping paradise to the modern women. Talking about the festival, VelvetCase.com’s Founder and CEO, Kapil Hetamsaria said, […]
“A friend shared her experience that happened to her on a late Saturday night, she was walking down the streets of Hyderabad because she couldn’t find a cab back home. She was complaining she has fished through all the apps for a long time, but was disappointed. It was high time to introduce a service […]
US-based cab service provider Uber is planning to come up with its own mobile payment wallet in India, according to sources. It is planning to apply to RBI for the licence. At present, consumers can pay for Uber trips via Paytm wallet. It recently tied up with Airtel Money to facilitate payments via the latter’s […]