September 28th, 2018Google’s digital payments platform Google Pay has partnered with Uber to let users pay for their Uber rides easily and seamlessly in India. Initially, the company has an offer in which users can also avail up to Rs. 1,000 when they use Google Pay for 10 Uber rides.
This may toughen the competition for other payment platforms such...
July 4th, 2018According to the data available with the National Payments Corporation of India (NPCI), India's unified payments interface (UPI) payments received 30 percent growth, over 246 million users in June month.
A total of 246.37 million UPI transactions were conducted in June this year, as against 189.48 million in May 2018, recording the...
June 24th, 2018WhatsApp which has over 200 million users in India is working on to set up a 24-hour customer support for its payments services that are rolled out in India in the coming weeks.
The leading chat app will provide support through e-mails as well as a toll-free number.
"We will provide 24-hour customer support in English as well as...
June 11th, 2018The well-known messaging app Whatsapp has stated that it shares only limited data of payment service with its owner firm Facebook and the parent company does not utilize the data for the commercial purpose.
The messaging app has been lately working on its payment feature had to postpone the launch due to the ongoing Facebook data...
May 15th, 2018Mumbai- India’s payment startup PayMate announced the acquisition of Z2P (Zaitech Technology Pvt. Ltd.), a digital lending platform which provides hassle-free and real-time credit using social and banking data along with proprietary analytics and AI.
The acquisition is expected to be completed by May 2018 and it follows the...
April 25th, 2018Foodpanda, the food delivery app announced on Tuesday that it will begin a partnership with PhonePe to provide digital payments to every users on their platform. Moreover, Foodpanda users will benefit from a cashback of 50% up to Rs 100 on their first order as a first offer from PhonePe.
This partnership will now enable consumers to...
March 22nd, 2018Swiggy, a food delivery app, and Flipkart's payment arm Phonepe have collaborated to provide more payment option to users during the food ordering payment.
So apart from other online payment option, now you can pay via Phonepe wallet in the Swiggy app. PhonePe is currently being accepted by more than 60,000 online and offline...
December 23rd, 2017Airtel Payments Bank Managing Director and CEO Shashi Arora has resigned in the wake of the firms eKYC licence suspension by Aadhaar-issuing body UIDAI.
"Shashi has decided to move on to pursue opportunities outside of Airtel. We wish Shashi the very best for his future endeavours," the company said in a statement.
Arora...
June 8th, 2017Nearly two years after operationalisation of the Unified Payment Interface (UPI), banks have started moving to charge for peer-to-peer payments on the new platform.
Countrys largest lender State Bank of India has came out with charges with effect from June 1, while the second largest private sector lender HDFC Bank has also gone...
April 25th, 2017As per the report, India's two leading e-wallet company MobiKwik & Freecharge looking to merge in an all-stock deal. According to speculation, behind this deal a chinese investor who is willing to pump Rs USD 200 million into this deal.
The talks between Freecharge and MobiKwik are on their initial stages. Sequoia Capital is the...
March 28th, 2017PUNE, India -March 19 was a proud day for Voolsy. The iBeacon-based in-restaurant ordering and payment startup Voolsy bagged the 'Restaurant Technology Award - 2017' organized in Pune.
Every year Restaurant India, the biggest leadership forum on restaurant business, presents its breakthrough award for the startup that shows tremendous...
March 17th, 2017Indigenous digital payments app BHIM, launched by the central government last December for fast and secure cashless transactions, has recorded 18 million downloads so far, Niti Aayog CEO Amitabh Kant today said.
"#BHIMApp breaks all records! Crosses a record of 18 million downloads since its launch on Dec 30...
