Digital Payment Firms

Jack Dorsey announced that his digital payments firm Block is building a system to make it easier for people to mine Bitcoin.

Xinhua news agency said it will issue a digital media photo collection via NFTs, a first for China and a boost for the blockchain technology.

Digital payments firm MobiKwik could delay its initial public offering (IPO) by two to three months and could even push it to the next financial year as it struggles to get foreign institutional backers at the right valuation, the Economic Times newspaper reported on Tuesday.

One 97 Communications Limited, the parent company for the payments platform, tumbled as much as 19 per centon Monday to 1,271 rupees ($17.08)

Paytm founder and CEO Vijay Shekhar Sharma struck a defiant note Thursday after shares crashed as much as 28 per cent on its market debut, leading to concerns among investors and analysts questioning the digital payments firm's valuation.

Digital payments firm Paytm crashed as much as 28 per cent in a weak stock market debut on Thursday, a week after the country's biggest-ever initial public offering (IPO)

Indian digital payments firm Paytm tumbled 25% on its maiden day of trade on Thursday, with investors questioning its lack of profits and the lofty valuations it gained in the country's largest-ever IPO.

Mastercard had announced it is joining hands with Hong Kong's digital asset platform Amber Group, Thailand's crypto exchange Bitkub and Australia's trading platform Coinjar.

Cryptocurrency exchange Independent Reserve has got an “in-principle approval” from the Monetary Authority of Singapore under the Payment Services Act, allowing the firm to operate as a regulated provider for Digital Payment Token services.

China's central bank said it had urged some banks and payment firms to crack down harder on cryptocurrency trading, in the latest move by Chinese authorities to stem the use of digital coins.

SBI has invested an undisclosed amount in digital payments and banking technology Bengaluru-based startup Cashfree.

Palantir has started accepting payment in Bitcoin and is considering investing in cryptocurrencies, the US analytics provider disclosed, the latest firm to pivot to digital currencies that are gaining wider mainstream acceptance.

Digital payments firm Square said Thursday it was buying a controlling stake in the streaming music platform Tidal from a group led by rap star JAY-Z for $297 million (roughly Rs. 2,160 crores) in cash and stock.

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.

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.

Jack Dorsey announced that his digital payments firm Block is building a system to make it easier for people to mine Bitcoin.

Xinhua news agency said it will issue a digital media photo collection via NFTs, a first for China and a boost for the blockchain technology.

Digital payments firm MobiKwik could delay its initial public offering (IPO) by two to three months and could even push it to the next financial year as it struggles to get foreign institutional backers at the right valuation, the Economic Times newspaper reported on Tuesday.

One 97 Communications Limited, the parent company for the payments platform, tumbled as much as 19 per centon Monday to 1,271 rupees ($17.08)

Paytm founder and CEO Vijay Shekhar Sharma struck a defiant note Thursday after shares crashed as much as 28 per cent on its market debut, leading to concerns among investors and analysts questioning the digital payments firm's valuation.

Digital payments firm Paytm crashed as much as 28 per cent in a weak stock market debut on Thursday, a week after the country's biggest-ever initial public offering (IPO)

Indian digital payments firm Paytm tumbled 25% on its maiden day of trade on Thursday, with investors questioning its lack of profits and the lofty valuations it gained in the country's largest-ever IPO.

Mastercard had announced it is joining hands with Hong Kong's digital asset platform Amber Group, Thailand's crypto exchange Bitkub and Australia's trading platform Coinjar.

Cryptocurrency exchange Independent Reserve has got an “in-principle approval” from the Monetary Authority of Singapore under the Payment Services Act, allowing the firm to operate as a regulated provider for Digital Payment Token services.

China's central bank said it had urged some banks and payment firms to crack down harder on cryptocurrency trading, in the latest move by Chinese authorities to stem the use of digital coins.

SBI has invested an undisclosed amount in digital payments and banking technology Bengaluru-based startup Cashfree.

Palantir has started accepting payment in Bitcoin and is considering investing in cryptocurrencies, the US analytics provider disclosed, the latest firm to pivot to digital currencies that are gaining wider mainstream acceptance.

Digital payments firm Square said Thursday it was buying a controlling stake in the streaming music platform Tidal from a group led by rap star JAY-Z for $297 million (roughly Rs. 2,160 crores) in cash and stock.

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.

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.