July 5th, 2021Online payment service provider Paytm will file a draft prospectus on July 12th for IPO that seeks to raise $2.3 billion in the stock market.
November 30th, 2018PhonePe, a Flipkart-owned digital payments platform will now offer an IRCTC micro-app on its platform. The company has partnered with Indian Railway Catering and Tourism Corporation (IRCTC) to carry forward with this process.
This development has come three months after PhonePe struck a partnership with IRCTC to facilitate digital...
September 29th, 2018The digital payment player PhonePe has tied up with Delhi Metro Rail Corporation (DMRC) to offer PhonePe users with the service of recharging their DMRC smartcards on the app itself.
This service will be made available to the users through a micro app in the freshly created 'Apps' section on the PhonePe app. The fintech company...
September 28th, 2018Online travel booking platform Goibibo, has reportedly launched Goibibo Flights on digital payment platform PhonePe. As part of the first phase of this association, the company went live with its offering of hotels on the PhonePe platform in June 2018.
“The collaboration has not only been rewarding for us but it has truly...
August 17th, 2018The emerging digital payments player PhonePe which is owned by Flipkart announced that it has teamed up with Indian Railway Catering and Tourism Corporation (IRCTC) to make digital payments easier and smoother through PhonePe on the IRCTC Rail connect Android app.
This partnership will ensure the ease of payment with the help of...
July 17th, 2018One of the leading digital payment platforms PhonePe that is owned by Flipkart has announced that the company has reportedly acquired Zopper Retail which is a hyper-local POS (point of sales) marketplace. However, the amount of the deal has not been disclosed.
Neeraj Jain who is the founder and CEO of Zopper, will be joining the...
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 22nd, 2018The Bengaluru based Fin-Tech company PhonePe has tied up with online travel company Goibibo to allow its users to make hotel bookings from the app itself. It will provide a unified login and payments experience to over 100 million PhonePe users for the same purpose.
According to the statement, the PhonePe app will have Goibibo’s...
June 12th, 2018Digital Wallet Firm MobiKwik's marketing and growth department head, Daman Soni has resigned from his post, marking another senior level exit from the company.
While the firm witnessed a growth as compared to its previous reports it has lost some prominent employees in its senior level hierarchy in a span of last 6-8 months.
A year...
June 11th, 2018While the mobile wallet industry is emerging at an impressive pace in India, it now is looking actively for the Reserve Bank of India to release interoperability guidelines for the industry.
Notably, RBI's master directions on Mandatory KYC compliance (Issuance and Operation of Pre-paid Payment Instruments) that came in October 2017...