Friday, March 29

Tag: wallet

Paytm Ties up with PVR To Sell Movie Tickets
BUSINESS

Paytm Ties up with PVR To Sell Movie Tickets

PVR plans to sell movie tickets worth Rs 250-300 crore using Paytm's platform in the first year of their association as the two firms tied up today to sell cinema tickets. The two firms today announced to bring PVR's movie tickets to Paytm's e-commerce platform as the latter forays into the online movie ticket segment. "In the first year of this relationship, PVR targets to sell tickets worth Rs 2.5-3 billion on Paytm's e-commerce platform besides selling tickets from the box offices and other channels", PVR and Paytm said in a joint statement. Paytm said it is aggressively extending its presence in new verticals as part of its strategy to be ubiquitous in daily life of its customers. "Paytm has set aggressive targets for itself and intends to double the share of online movie ticke...
FreeCharge Partners With Cinepolis To Provide Secure Digital Payments
BUSINESS

FreeCharge Partners With Cinepolis To Provide Secure Digital Payments

FreeCharge wallet has partnered with Mexican movie theatre chain, Cinepolis to provide a platform for secure and easy digital payments. The partnership will start in the second week of March and customers can pay for movie tickets and food and beverages across 38 Cinepolis theatres in 28 Cities. FreeCharge is the first digital wallet partner for Cinepolis, which claims to be the world's 4th largest chain of movie theatre. Movie goers will be able to pay using their registered mobile numbers with FreeCharge at the existing card machine's available at the payment counter. The transactions will get completed in a secure manner within 10 seconds using the dynamic 'On-The-Go-Pin'. The partnership will further help Cinepolis get access to FreeCharge's robust partner network and bring more ...
Why So Sad Kunal Shah?
Story

Why So Sad Kunal Shah?

(Editor Note: The article we published here is fully focused on Kunal Shah recent activities on social media and his event speech. ) On 9th Feb 2016, the 10th India Digital Summit was organized in Delhi by IAMAI. This Summit was special for two reasons- Kunal Shah opening speech as an IAMAI chairman. First time Govt. officials and representative were also taking part. When we received a mail from IAMAI, we were very excited because this is the first time Pixr8 team going to meet eminent personalities in internet world including Kunal shah, Vijay Shekhar Sharma, Rajan Anandan & Jayant Sinha (MoS, Finance). On the event day, We present at the venue before 30 minutes prior to the start. The atmosphere looks very positive and energetic. The main hall was crowded but we m...
Chillr is Not a Wallet, We Have No Direct Competitors- Sony Joy, Founder of Chillr
Entrepreneurs Talk

Chillr is Not a Wallet, We Have No Direct Competitors- Sony Joy, Founder of Chillr

Meet Mr. Sony Joy, the Co-founder at MobME Wireless and CEO at Chillr, which is building a digital banking ecosystem connecting banks, customers, businesses and enterprises in an intuitive and mobile-first way. Chillr is a multi-bank mobile banking application that links directly to your bank account and helps you make easy money transactions. You can use Chillr to send and receive money, recharge your mobile phone, data card and DTH and also make payments at stores. We interviewed him on recent successful approach of chillr towards payment banking system,   1. Could you explain the end-to-end process of sending money via Chillr? As a customer, you initiate a payment by selecting the “Pay” option on our App and authenticating the payment using the MPIN. We then validate the de...
Aditya Birla Retail To Offer Mobile Wallet ‘Paytm’ Across 500 Stores
News

Aditya Birla Retail To Offer Mobile Wallet ‘Paytm’ Across 500 Stores

Indian multinational conglomerate, Aditya Birla Group has tied up with Paytm to offer its customers an easily accessible prepaid wallet to make payments for their food and grocery purchases at across 500 stores. The tie-up will be active across 'More' stores operational at 137 cities. The tie up will enable shoppers to save time with faster shopping experience, use their reward points easily and enjoy Paytm's cashbacks in addition to More's own offers and promotions. Vishak Kumar CEO, Aditya Birla Retail Limited said, "We are happy to announce our association with Paytm. Now our customers can shop with ease and convenience through the use of their Paytm Wallets and also earn attractive discounts and cash-backs at our stores across the country. "We are delighted to partner with ' More'...
FreeCharge Drives Cashless Payments With Ezetap
News

FreeCharge Drives Cashless Payments With Ezetap

ANI- Counting and handling cash may soon become a thing of the past for offline retailers. FreeCharge, the digital payments platform, has inked a partnership with Ezetap, the Bangalore-based pioneer in mobile payments, allowing the entire base of FreeCharge users to immediately start using their wallets to make payments at thousands of Ezetap service points consisting of small and mid-sized retailers across India. The partnership draws FreeCharge closer its vision of creating an ecosystem where organised and unorganised merchant networks can come together and accept electronic payments. Ezetap's Universal Mobile Wallet Acceptance is India's first universal solution that allows merchants to accept customer payments from any mobile wallet through their existing Ezetap mobile poin...
Paytm Scraps Transaction Fee For Offline Merchants, Last year Transaction was  $120 million
News

Paytm Scraps Transaction Fee For Offline Merchants, Last year Transaction was $120 million

Paytm, India's leading Mobile wallet and e-commerce firm scrapped 'per transaction fee' for consumer-to-merchant offline wallet transactions, a move to boost digital money transfer on the platform. The fee ranged from 0.5% to 1.75%, depending on the merchant service provider. "Often these charges discourage a merchant to accept a digital transaction and they end up asking the consumer to bear the cost, which is illegal," said Nitin Misra, payment products head at Paytm. "By eliminating this cost, we are looking at an opportunity to digitise that 95% of India which still deals in cash," he added. "We have crossed credit card transactions and today 95 out of 100 wallets are Paytm," said Misra. "In our business, I think we have reached a sweet spot. We have a payment business, we have a m...
FreeCharge Launched New Virtual Card ‘FreeCharge Go’, in Partnership With Yes Bank and MasterCard
News

FreeCharge Launched New Virtual Card ‘FreeCharge Go’, in Partnership With Yes Bank and MasterCard

One of the Leading Mobile wallet players in India, FreeCharge has launched its new virtual card 'FreeCharge Go', in collaboration with Yes Bank and powered by MasterCard. The integration of "Freecharge Go" is now live, and enables universal payments of its app online and offline through a prepaid virtual card, which can be activated in a few seconds, the company said. We were able to get a virtual card generated in no time by logging on to a FreeCharge account on the web, where entering an MPIN was all it took to generate a FreeCharge Go card. Users can top up this card by adding money to FreeCharge wallet, and use it to make payments on Indian e-commerce websites, the company said. We've reached out to the company for a comment on whether the card will facilitate payments on services re...
After cabs, Uber plans own ‘Uber wallet’ in India
News

After cabs, Uber plans own ‘Uber wallet’ in India

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 wallet as well. The latest plan is in line with the firm's ambition to make India its second biggest market after the US. It recently entered four new Indian cities, taking its tally to 22 cities. "It would be a natural progression for Uber in India given the importance it attaches to Indian market.The growth plans will get a further boost if it gets the nod from RBI for a semi-closed wallet ," a source close to the development said requesting anonymity . When contacted, a...