Page 6 - Online Payments

Zomato, Paytm dole out ESOPs to top executives in H1FY23 despite losses

According to regulatory filings by Paytm and Zomato, key managerial personnel have been rewarded ESOPs worth crores during the first half of FY23

Fino Payments zooms 36% in 2 days as Capri Global buys 1.3 mn shares

On Wednesday November 23, Capri Global Holdings Private Limited bought 1.32 million shares representing 1.59 per cent of total equity of Fino Payments Bank via open market deals.

Like China's WeChat, Musk will let Twitter users make digital payments

Twitter last week filed registration paperwork with the US authorities to allow it to process payments on the platform

No break-up fee from Prosus after termination of deal with BillDesk

PayU's expansion plans which it had charted out based on the acquisition have been put on hold for over a year

India saw 20.5 billion online transactions worth Rs 36 trillion in Q2FY22

India saw 20.57 billion online transactions worth Rs 36.08 trillion in the second quarter (Q2) this year, a report showed on Tuesday

We've moved away from being a founder-run company: BharatPe's Suhail Sameer

In a Q&A, the firm's CEO asserts that the company is now professionally run and is focused on being IPO ready

India's Pine Labs eyes $4-5 bn in monthly payments from new business

India's Pine Labs is targeting $4 billion to $5 billion in monthly transactions within two years for its new online payments business.

Need to protect consumers from consolidation of internet-economy: Govt

The government said consumer complaints related to online transactions are rising and pointed out that of the total complaints registered last month on NCH, 38-40% pertained to e-commerce trade

Top crypto exchange Coinbase freezes hiring, revokes accepted offers

The company also revoked accepted offers from some candidates who haven't joined it yet

Digital payments in India projected to reach $10 trn by 2026: Report

Smaller cities have recorded high acceptance of such transactions as cash use declines in country.

UPI hits record high in April with 5.58 bn transactions worth Rs 9.83 trn

Value of transactions doubled on YoY basis

WhatsApp to bet big on payments in India after NPCI nod for 100 mn users

Monthly volume of transactions has stagnated on the platform in the past six months, but value of transactions has doubled

What is a payment gateway?

Most merchants today use payment gateways to accept purchases from customers. Let us know more about this technology which is making our transactions safe and quick

NPCI launches on-device wallet feature for UPI users for small transactions

Initially, UPI Lite will process transactions for NPCI wallet in near offline mode i.e., debit offline and credit online.

Statsguru: From UPI to IMPS, mapping digital transactions in India

Wallets have also made a comeback, with rising transaction volumes

Value of UPI transactions declined to Rs 8.27 trillion in Feb: NPCI data

There were a total of 452 crore (4.52 billion) transactions in February 2022

BharatPe co-founder & MD Ashneer Grover not granted reliefs by SIAC

Grover had filed an arbitration plea to stop a probe into alleged financial mismanagement in the company, and had also sought indemnity

Paytm logs new record in lending business, strengthens payments leadership

Over 2.3 million devices deployed across the country as of the end of January 2022, a measure of offline payments leadership.

Online payments doubled in 2021 on large-scale digital migration: Razorpay

Virtually every sector grew, with F&B topping the charts with 18.08% growth, says a report by the fintech firm

Bharat is affluent, educated and digitally savvy: Sharechat Report

The finding shows 29% of Bharat users post content daily at least once as compared to 22% of India users; 39% of Bharat uses social media as primary news source