Recently, the Karnataka job quota bill sparked a row on social media after it faced backlash from non-locals alleging discrimination.
Nearly one out of two transactions on the National Payments Corporation of India (NPCI)-run UPI are processed on fintech major PhonePe's platform
If my comments hurt anyone's sentiment, I am truly sorry and would like to offer you an unconditional apology: PhonePe's Sameer Nigam
PhonePe CEO questioned the bill's fairness, asking if his Karnataka-raised children do not deserve jobs in their home city despite his contributions to employment across the country
When asked if the regulator has been asking them to increase market share, Bansal said the need is to focus on growing the Unified Payments Interface (UPI) ecosystem
Travel booking platform ixigo on Monday announced that it has expanded its exclusive partnership with PhonePe to offer flight and bus bookings on the fintech platform's app. The two companies had joined hands to offer booking services for trains. The expanded partnership will enable over 54 crore PhonePe users to experience more comprehensive travel booking and utility services for flights, trains and buses, ixigo said. As part of the collaboration, ixigo will exclusively power these travel booking options on PhonePe, integrating services from ixigo flights for flight bookings, AbhiBus for bus bookings as well as expanding its prior partnership with ConfirmTkt for train bookings, it said. "This collaboration will particularly benefit travellers from tier-II/III cities, leveraging the platform's products and offerings for the next billion users and PhonePe's growing penetration in smaller towns and its fintech expertise," ixigo Group CEO Aloke Bajpai said. Along with simpler paymen
PhonePe is in advanced talks with major smartphone manufacturers to include its homegrown Indus Appstore in their devices
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The Bengaluru-based digital payments and financial services company has maintained its streak of growth on UPI with its share increasing from 47.35 per cent in February this year
Fintech firm PhonePe has partnered with ride-hailing platform PickMe to enable UPI-based payments for Indian travellers in Sri Lanka, the Walmart group firm said on Thursday. Last month, PhonePe entered into a partnership with LankaPay to allow its users to pay using UPI across Sri Lanka. "Our partnership with PickMe exemplifies the company's commitment to providing Indian travellers with convenient and trusted payment solutions. Previously, navigating payments in a new country could be a hassle. "Now, with PhonePe, Indian tourists visiting the beautiful island nation of Sri Lanka can enjoy the ease and security of UPI payments for their rides," Ritesh Pai, CEO of PhonePe - International Payments, said. The collaboration follows the launch of PhonePe in the island nation last month, wherein the Indian High Commissioner Santosh Jha had urged companies in Sri Lanka to engage with Indian companies to build on the UPI stack for innovations in hotel bookings, cab bookings, delivery ...
Google Pay, PhonePe, and Paytm controls over 90 per cent of UPI transaction volume and value in India
In unsecured loans, there is no asset or underlying security that is taken from the customer, said Gala
Walmart-owned fintech firm says service will help 535 mn users on its platform
The settlement concludes five-year-long legal disputes across multiple courts
Pine Labs' decision to shift domicile follows a broader trend among fintech firms like PhonePe and Groww, which have also moved their bases back to India
Apart from the National Payments Corporation of India's (NPCI) UPI, these transactions will be facilitated by the LankaPay National Payment Network
PhonePe on Wednesday announced a partnership with LankaPay to allow its users to pay using UPI across Sri Lanka. At an event to mark the collaboration, PhonePe said its app users travelling to Sri Lanka can make payments using UPI across LankaPay QR merchants. The transactions will be facilitated by the Unified Payments Interface (UPI) and LankaPay National Payment Network. Users can scan LankaQR code to make secure and quick payments without carrying cash or calculating currency conversions. The amount will be debited in INR, showing the currency exchange rate. PhonePe's CEO, International Payments, Ritesh Pai, said the collaboration with LankaPay offers unparalleled convenience to Indian tourists who can now use a familiar and secure payment method while travelling and paying across LankaQR merchant points. "We are excited about the potential of this collaboration that would enhance payment experience to Indian tourists and business travellers during their stay in Sri Lanka and
NPCI, which has a regulatory mandate from the central bank, announced the 30% cap in 2020 but later extended the deadline by two years to the end of 2024
Eight months left for the implementation deadline, the National Payments Corporation of India (NCPI) may be favouring growth over concerns about market domination
Paytm's UPI market share plummets; Google Pay and PhonePe continue to dominate digital payments in India