Page 19 - Digital Payments

Second Covid wave: Auto-debit payment bounce rate increases again in April

Experts say the rise may continue, given the lockdowns

Paytm provides technological support to Japan's payment app PayPay

SoftBank is aiming to take PayPay public; Paytm may also get some stake in the app

Local kirana shops embrace retail tech as Covid-19 puts focus on essentials

According to RedSeer, online grocery will grow eight times to $18 billion market size in 2024, with 40-50% growth seen in the 2021 calendar year

Chargebee's valuation triples to $1.4 bn in 6 months, raises $125 mn

The global pandemic has accelerated the already growing shift to SaaS (software-as-a-service) and subscription-based business models from cars to coffee providers

Payments space heats up as Amazon says 5 mn businesses using Amazon Pay

The e-commerce major has also launched the 'Amazon Pay For Business' app for small and medium businesses to enable seamless acceptance of digital payments.

Unicorn fintech firm Pine Labs acquires Fave in deal valued over $45 mn

Malaysia-based company Fave, which provides QR payments and loyalty cashback to restaurants and retailers, has enabled 6 million consumers in Southeast Asia to save over $400 million since 2016

Digital payments grew by 76% in the past 12 months: Razorpay report

Tier-2 & 3 cities and towns continued to contribute over 50% of all online transactions

E-wallets are similar to bank accounts, but more convenient: Experts

Will help those who can't ensure minimum balance

WhatsApp's competitor Signal tests peer-to-peer payments via cryptocurrency

Encrypted messaging app Signal has announced that it is working to let users send money in cryptocurrency to friends and relatives

MobiKwik: What makes the firebrand co-founders defensive about company

The co-founders see their reliance on mostly Indian funding as a compelling USP

Top UPI players stare at uncertain future over 30% cap in market share

When an app breaches 30 per cent market share by volume, NPCI will ask third party apps to stop onboarding of new customers.

Startups help make public transport safer for the commuter post Covid

How contact-less payments, voice-enabled ticketing and NFC are changing your travel on public transport

UPI transaction value touches new high at Rs 5 trn in March, volume up too

Launched in 2016, UPI crossed 1 billion transactions for the first time in October 2019.

Auto-debit payments: RBI extends timeline for implementation of new rules

The new norms were supposed to kick in from April 1 but neither banks nor the other stakeholders in the ecosystem had readied their system

Six consortiums in the fray to bag NUE licence for retail payments

Last month, RBI extended the deadline to apply for licence at the behest of IBA

Amazon acquires Perpule for over Rs 107 cr to boost its tech for kiranas

Perpule provides UltraPOS is a cloud-based, mobile POS system that substantially improves the billing and checkout process at stores

MobiKwik denies KYC breach of 3.5 mn users amid IPO plans, says data 'safe'

According to the researchers, the entire database is available for 1.5 Bitcoin (nearly $84,000) on the Dark Web

Amazon plans to step up e-payments, financial services in India

Wish to convert cash-hardened customer into a digital one: Amazon Pay CEO

Learning to be flexible in a changing world

As India looks to solidify its position as a competitive global commerce hub, it is essential to deepen economic integration and lower trade costs. The key to achieving this is trade digitisation

How Digital Payments Gateways Are Expanding in India?

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