Digital Payment

Digital Payments, Parcel Terminals: How Indian Railways Plans To Grow Parcel Business

Business | Edited by Nikita Prasad | Wednesday December 23, 2020

Indian Railways is planning to develop dedicated parcel terminals in order to make parcel consignments' handling easier for the parties

In Mark Zuckerberg's Chat With Mukesh Ambani, Praise For Dhirubhai

India News | P R Sanjai, Bloomberg | Tuesday December 15, 2020

Mark Zuckerberg, Facebook Inc.'s chief executive officer, hopes the social media giant and Reliance Industries Ltd. can together transform India's digital payments landscape, replicating the latter's success in disrupting the telecom sector.

Opinion: Changing Consumer Preference Is Driving Digital Payments

Business | Rajeev Kumar K | Friday December 11, 2020

India's e-commerce festive sale season this year delivered $8.3 billion worth of gross sales for brands and sellers, according to a report by research firm RedSeer.

Flipkart, PhonePe Have Room for Other Investors: Walmart CEO Doug McMillon

Reuters | Friday December 11, 2020

Walmart's Indian e-commerce firm Flipkart and digital payments business PhonePe have room for other investors and could raise money in several ways including stock market listings, the US retail giant's CEO said.

Flipkart's Digital Payments Arm PhonePe To Raise $700 Million From Investors

Business | Reuters | Thursday December 3, 2020

PhonePe, the digital payments unit of Walmart's e-commerce arm Flipkart, said on Thursday it would sell a stake to existing investors for $700 million

Flipkart To Partially Spin Off Digital Payments Arm PhonePe

Business | Reuters | Thursday December 3, 2020

Walmart Inc-controlled-commerce firm Flipkart said it was partially spinning off PhonePe in a move aimed at widening the digital payments platform's access to capital to fuel its growth

Flipkart Announces Partial Spin-Off of PhonePe to Help Fuel Long-Term Growth Plans

ANI | Thursday December 3, 2020

Flipkart announced a partial spin-off of PhonePe in a move that will help the digital payments platform to access dedicated, long-term capital to fund its growth ambitions.

Alibaba’s Ant Group Said to Consider Paytm Stake Sale Amid Tensions With India

Reuters | Wednesday December 2, 2020

Chinese fintech giant Ant Group is considering selling its 30 percent stake in Indian digital payment processor Paytm amid tensions between the two Asian neighbours and a toughening competitive landscape.

To Avoid Tech's Anti-Trust Troubles, India's Hard 30% Cap On Payment Apps

Business | Saritha Rai, Bloomberg | Wednesday December 2, 2020

Every company in India has to use the country's open payments platform, guaranteeing interoperability so money can be transferred between any of more than 100 traditional banks and digital services -- without fees

Top Court To Hear Plea Seeking Regulation On UPI Platform Data On Monday

India News | Press Trust of India | Friday November 20, 2020

The Supreme Court has said it would hear on November 23 the plea filed by Rajya Sabha MP Binoy Viswam seeking direction to the RBI for framing regulation to ensure that data collected on UPI platforms is not "exploited" or used in any manner other than for processing payments.

1 जनवरी, 2021 से सभी चार पहिया वाहनों पर अनिवार्य होंगे फास्टैग

Shams Raza Naqvi | Wednesday November 11, 2020

टोल शुल्क का भुगतान को डिजिटल तरीके से बढ़ावा देने के लिए, सरकार ने सभी वाहनों पर FASTags अनिवार्य करने का प्रस्ताव दिया है. इसमें 1 दिसंबर, 2017 से पहले बिके वाहन भी शामिल हैं.

Despite Government's Digitisation Drive, Cash Still Used For These Payments

Business | Edited by Nikita Prasad | Monday November 9, 2020

4 Years After Demonetisation: Digital payments made through RTGS, credit transfers such as NEFT, UPI, AePS, IMPS, etc, card payments etc grew 135.4 per cent from 1,459.02 crore in 2017-18 to 3,434.55 crore in 2019-20.

Google Pay, PhonePe Hit by India's Move to Limit Some Digital Payments Players

Reuters | Saturday November 7, 2020

Google criticised India's move to cap the share of transactions some companies within the country's digital payments space can account for, saying it would hinder the nation's burgeoning digital payments economy.

Google, PhonePe Hit By Digital Payment Body's Move To Limit Third Party Players

India News | Reuters | Saturday November 7, 2020

Global tech giant Google on Friday criticised digital payments body NPCI's move to cap the share of transactions some companies within the country's digital payments space can account for, saying it would hinder the nation's burgeoning digital payments economy.

WhatsApp Payments: How to Send and Receive Money

Aman Rashid | Friday November 6, 2020

WhatsApp Pay now lets you make digital payments via WhatsApp. The feature is slowly being rolled out to users across india. In this article, we tell you how to send and receive money using WhatsApp Payments.