PhonePe's UPI market share slipped to 46.73 per cent in April amid a 2.22 per cent dip in total transactions on the real-time payments network
The next-gen SmartSpeaker comes with 4G connectivity, fast charging capability, and longer battery life
Flipkart's Ashish Vijayvergiya to lead a new internal venture, following the model of earlier in-house startups like PhonePe and super.money
PhonePe and Paytm are celebrating Akshaya Tritiya 2025 with special digital gold offers. From cashback and discounts on PhonePe to Paytm's 'Golden Rush' rewards, users can invest in gold with ease.
Pincode app is transforming the online pharmacy sector through exclusive partnerships with local medical shops, rather than utilising dark stores
'Primary user' of a UPI account can add trusted individuals to their circle by using UPI ID or QR code & authorise payments for them from anywhere
Users reported failed payments and problems with fund transfers as the most common issues
The move comes at a time when other players, including PhonePe, Cashfree Payments, and Razorpay, made similar moves nearly two months ago
PhonePe is offering two-wheeler insurance with an "Own Damage Cover" starting at just Re 1 on its app
The National Payments Corporation of India will remove IDs and users with inactive mobile numbers will be unable to use online payment applications like Google Pay, Paytm, PhonePe, etc
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This multi-year alliance with Xiaomi India fosters a localised digital ecosystem tailored for Indian consumers
The company claims to have a base of over 40 million merchants. It processes over 330 million transactions daily and has recorded an annualized total payment value of over Rs 150 trillion
PhonePe said its "strong top line and bottom line growth" across business portfolios makes it a suitable time for public listing
This is a first among companies that have decided to offer direct solutions to customers without requiring a merchant's reliance on third-party payment orchestration platforms
PhonePe continued to dominate the UPI ecosystem, commanding a 47.67 per cent market share, with Google Pay and Paytm holding 36.38 per cent and 6.78 per cent, respectively
PhonePe had integrated the AA service into its consumer app, allowing users to create an interoperable AA handle and access bank statements through the "check balance" feature at no cost