Billing And Payment Services
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Google Pay Reportedly Levies Convenience Fees on Bill Payments via Credit and Debit Cards
Google Pay is now levying convenience fees on bill payments made via credit and debit cards, according to a report. Until now, the unified payments interface (UPI) platform was charging users Rs. 3 as a service fee on mobile recharges. However, it will now reportedly also levy a charge, in addition to the goods and service tax (GST), on utility bil...
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JioFinance App With UPI, Utility Payments and Loan Functionality Launched in India
The JioFinance app was launched in India on Friday as a one-stop solution for financial essentials. It has been developed by Jio Financial Services Limited (JFSL), previously a subsidiary of Reliance Industries Limited. The app, which is now available widely for users in the country, offers facilities such as carrying out UPI transactions, monitori...
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JioFinance App With UPI, Banking Services Launched in Beta By Jio Financial Services
JioFinance was launched on Thursday in beta form by Jio Financial Services. The newly announced JioFinance platform offers a range of digital banking services, including UPI transactions, bill payments, and insurance advisory in a single app. Future updates will expand loan solutions, beginning with loans on mutual funds and gradually introducin...
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Flipkart Launches UPI Service in Partnership With Axis Bank to Counter Third-Party Apps
Flipkart launched the Unified Payments Interface (UPI) service in collaboration with Axis Bank. The Flipkart UPI will be initially available for Android users and can be used for online and offline payments. With the latest update, customers can now pay bills and make fund transfers directly from the Flipkart app.
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Disney Said to Approach Court in Legal Challenge Against Google's In-App Billing System
Disney is said to have approached a court in India in a legal challenge to the search giant's in-app billing system, weeks after the Competition Commission of India opened an inquiry into Google in May after complaints from Match and startups in the country. The CCI last year fined Google and directed it to allow the use of third-party billing sys...
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SBI To Pay Delhi Man Rs 2 Lakh After Sending Bill For Expired Credit Card
A Delhi consumer forum has directed the SBI Cards & Payments Services Pvt. Ltd. to pay Rs 2 lakh to a person here for sending him bill even after his card's expiry and blacklisting him for non-payment of the charges.
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Google Says in Compliance With CCI Order Regarding Play Store's Payments Policy
Google on Wednesday said its Google Play's payments policy is compliant with the anti-trust watchdog CCI's order and it is pushing ahead with plans to enforce the policy in the country. Three routes are available for app developers — using Google Play's billing system, an alternative billing system called the user choice billing system alongside ...
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Google Being Probed in India for In-App Payment Breaches After Complaints From Match, Local Startups
India's competition watchdog has begun an inquiry into Google after some companies alleged the service fee the US firm charges for in-app payments breaches an earlier antitrust directive, a regulatory order seen by Reuters showed on Friday. Tinder-owner Match Group and Indian startups have asked the watchdog to investigate Google's new User Choice ...
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Paytm Launches UPI Lite on iOS; Adds Support for RuPay Credit Cards on UPI, Splitting Bills and More
Paytm on Tuesday announced that UPI Lite was now available on iOS, and that it had 60 lakh users signed up to use the faster lightweight version of the Unified Payments Interface that is claimed to work during peak hours. RuPay cards are now supported on the Paytm UPI app, while users can also split bills, pin favourite contacts, and tag and easily...
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Indian Startups Demand Probe on Google for Bypassing Antitrust Directive, Charging High Service Fee
Top startups in India have called on the country's competition watchdog to launch an inquiry into Alphabet's Google for allegedly bypassing an antitrust directive by charging a high service fee for in-app payments, an ADIF filing shows. ADIF represents Indian startups including digital payments firm Paytm and social media app ShareChat.
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Paytm Payments Bank Wins Final RBI Nod, Can Operate as Bharat Bill Payment Operating Unit
Paytm Payments Bank said on Monday that the company had received final approval from the Reserve Bank of India to offer bill payment services in the country. The service can now function as a Bharat Bill Payment Operating Unit (BBPOU) in India, with support for bill payment services of electricity, phone, DTH, water, gas insurance, loan repayments,...
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Google Pauses Mandatory Play Store Billing for App Developers in India Following CCI Ruling
Google has updated its Play Support help page in India to state that the company has paused its policy requiring app developers to use the Google Play billing system for any purchases of apps and services in the country. The decision of the company comes after a Competition Commission of India (CCI) ruling that directed the company to not restrict ...
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Google Launches User Choice Billing Pilot In India, Four Other Markets
Google has announced its third-party in-app billing pilot project to India and four other markets. This would allow developers to use a third-party payment system in its Android app alongside Google Play's billing system. Developers are required to pay a service fee and it will get reduced by 4 percent when an alternate system is used by consumers.
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NRIs Can Soon Pay Utility Bills Using Bharat Bill Payment System
Non-Resident Indians will soon be able to use Bharat Bill Payment System to pay utility bills and education fees on behalf of their family members in India, the Reserve Bank said on Friday.
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Banks Concerned As Trade Settlements With Russia Stall Amid Sanctions
Indian banks are scrambling after bills for imports from Russia have started bouncing and payments for exports have been stuck in the wake of sanctions imposed by the west on Russia following its invasion of Ukraine.
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Google Pay Reportedly Levies Convenience Fees on Bill Payments via Credit and Debit Cards
Google Pay is now levying convenience fees on bill payments made via credit and debit cards, according to a report. Until now, the unified payments interface (UPI) platform was charging users Rs. 3 as a service fee on mobile recharges. However, it will now reportedly also levy a charge, in addition to the goods and service tax (GST), on utility bil...
-
JioFinance App With UPI, Utility Payments and Loan Functionality Launched in India
The JioFinance app was launched in India on Friday as a one-stop solution for financial essentials. It has been developed by Jio Financial Services Limited (JFSL), previously a subsidiary of Reliance Industries Limited. The app, which is now available widely for users in the country, offers facilities such as carrying out UPI transactions, monitori...
-
JioFinance App With UPI, Banking Services Launched in Beta By Jio Financial Services
JioFinance was launched on Thursday in beta form by Jio Financial Services. The newly announced JioFinance platform offers a range of digital banking services, including UPI transactions, bill payments, and insurance advisory in a single app. Future updates will expand loan solutions, beginning with loans on mutual funds and gradually introducin...
-
Flipkart Launches UPI Service in Partnership With Axis Bank to Counter Third-Party Apps
Flipkart launched the Unified Payments Interface (UPI) service in collaboration with Axis Bank. The Flipkart UPI will be initially available for Android users and can be used for online and offline payments. With the latest update, customers can now pay bills and make fund transfers directly from the Flipkart app.
-
Disney Said to Approach Court in Legal Challenge Against Google's In-App Billing System
Disney is said to have approached a court in India in a legal challenge to the search giant's in-app billing system, weeks after the Competition Commission of India opened an inquiry into Google in May after complaints from Match and startups in the country. The CCI last year fined Google and directed it to allow the use of third-party billing sys...
-
SBI To Pay Delhi Man Rs 2 Lakh After Sending Bill For Expired Credit Card
A Delhi consumer forum has directed the SBI Cards & Payments Services Pvt. Ltd. to pay Rs 2 lakh to a person here for sending him bill even after his card's expiry and blacklisting him for non-payment of the charges.
-
Google Says in Compliance With CCI Order Regarding Play Store's Payments Policy
Google on Wednesday said its Google Play's payments policy is compliant with the anti-trust watchdog CCI's order and it is pushing ahead with plans to enforce the policy in the country. Three routes are available for app developers — using Google Play's billing system, an alternative billing system called the user choice billing system alongside ...
-
Google Being Probed in India for In-App Payment Breaches After Complaints From Match, Local Startups
India's competition watchdog has begun an inquiry into Google after some companies alleged the service fee the US firm charges for in-app payments breaches an earlier antitrust directive, a regulatory order seen by Reuters showed on Friday. Tinder-owner Match Group and Indian startups have asked the watchdog to investigate Google's new User Choice ...
-
Paytm Launches UPI Lite on iOS; Adds Support for RuPay Credit Cards on UPI, Splitting Bills and More
Paytm on Tuesday announced that UPI Lite was now available on iOS, and that it had 60 lakh users signed up to use the faster lightweight version of the Unified Payments Interface that is claimed to work during peak hours. RuPay cards are now supported on the Paytm UPI app, while users can also split bills, pin favourite contacts, and tag and easily...
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Indian Startups Demand Probe on Google for Bypassing Antitrust Directive, Charging High Service Fee
Top startups in India have called on the country's competition watchdog to launch an inquiry into Alphabet's Google for allegedly bypassing an antitrust directive by charging a high service fee for in-app payments, an ADIF filing shows. ADIF represents Indian startups including digital payments firm Paytm and social media app ShareChat.
-
Paytm Payments Bank Wins Final RBI Nod, Can Operate as Bharat Bill Payment Operating Unit
Paytm Payments Bank said on Monday that the company had received final approval from the Reserve Bank of India to offer bill payment services in the country. The service can now function as a Bharat Bill Payment Operating Unit (BBPOU) in India, with support for bill payment services of electricity, phone, DTH, water, gas insurance, loan repayments,...
-
Google Pauses Mandatory Play Store Billing for App Developers in India Following CCI Ruling
Google has updated its Play Support help page in India to state that the company has paused its policy requiring app developers to use the Google Play billing system for any purchases of apps and services in the country. The decision of the company comes after a Competition Commission of India (CCI) ruling that directed the company to not restrict ...
-
Google Launches User Choice Billing Pilot In India, Four Other Markets
Google has announced its third-party in-app billing pilot project to India and four other markets. This would allow developers to use a third-party payment system in its Android app alongside Google Play's billing system. Developers are required to pay a service fee and it will get reduced by 4 percent when an alternate system is used by consumers.
-
NRIs Can Soon Pay Utility Bills Using Bharat Bill Payment System
Non-Resident Indians will soon be able to use Bharat Bill Payment System to pay utility bills and education fees on behalf of their family members in India, the Reserve Bank said on Friday.
-
Banks Concerned As Trade Settlements With Russia Stall Amid Sanctions
Indian banks are scrambling after bills for imports from Russia have started bouncing and payments for exports have been stuck in the wake of sanctions imposed by the west on Russia following its invasion of Ukraine.
