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Amazon, ICICI Bank tie up for credit cards

Cards typically have rewards points that have a rupee value equivalent to one fourth of the points.

October 31, 2018  |  comments ( 0 )  | 

US payment firms, Paytm face off in data storage debate

The Reserve Bank of India (RBI) in April directed payment firms to store data locally for “unfettered supervisory access” a move companies such as Visa, Mastercard

July 25, 2018  |  comments ( 0 )  | 

Amazon pumped Rs 230 crore into India wallet

Amazon has invested an additional Rs 230 crore into its wallet Amazon Pay in India, as per filings with the Registrar of Companies (RoC) sourced from

July 17, 2018  |  comments ( 0 )  | 

E-wallet company PhonePe registers 100 mn users

An annual run rate is calculated based on the current month's volume of payments that a particular payments firm has processed.

June 01, 2018  |  comments ( 0 )  | 

Paytm Targets Rs 60,000 Cr From Interbank Transactions

Paytm, which already facilitates the funds transfer between their mobile wallets, opened up bank transfers using UPI (Unified Payments Interface) and IMPS (Immediate

May 14, 2018  |  comments ( 0 )  | 

Paytm Claims 100 Mn M-wallet users To Be KYC-compliant

After the RBI made KYC compliance mandatory for mwallets from March, most digital wallet players have been trying to get users to complete the process.

April 23, 2018  |  comments ( 0 )  | 

Paytm Enables Large Transactions To Take On Its Rivals

Paytm is now positioning its app as a 'super app' for payments by enabling large transactions and multiple modes of payment under one option.

April 02, 2018  |  comments ( 0 )  | 

Freecharge goes live on UPI, joins Paytm and PhonePe

Freecharge which used to be owned by e-commerce company Snapdeal, was sold off to Axis Bank in July last year.

March 29, 2018  |  comments ( 0 )  | 

Microsoft Enables Digital Payment Facility In 'Kaizala' app

Payment integration via third party mobile payment infrastructure with "Kaizala" will enable users to quickly send or receive money without having to leave the Kaizala

March 22, 2018  |  comments ( 0 )  | 

Milkbasket Eyes Rs 200 Cr Revenue Rate By March 2019

Founded in 2015, the company currently operates in Gurugram, competes with the likes of Grofers and Bigbasket.

March 19, 2018  |  comments ( 0 )  | 

Snapdeal To Set Up Special Women's Day Store

Electronics and Kitchen appliances like portable wireless karaoke mic, mouth organ, guitar strings, juicer, mixer, grinder all under Rs 1,599.

March 06, 2018  |  comments ( 0 )  | 

Amazon Infuses Rs 195Cr Into Payments Outlet Amazon Pay

This comes just months after the infusion of Rs 260 crore in September, with the companies plans to take on other working e-wallets like Flipkart’s PhonePe and Paytm.

March 06, 2018  |  comments ( 0 )  | 

Paytm Allows Non-KYC Users To Use Gift Vouchers

But these gift vouchers will be non-transferable to other users and back to your bank accounts.

March 03, 2018  |  comments ( 0 )  | 

Puneet Agarwal Joins Mobikwik As Its Chief Risk Officer

Agarwal's role at Mobikwik would involve creating lending policies risk models and portfolio management strategies to help acquire the right set of customers.

January 19, 2018  |  comments ( 0 )  | 

PE investment records Jump of 55% to reach $24 Billion

The sector was led by Bain Capital's USD 1.04 billion investments in Axis Bank the largest ever single investment in the sector and Warburg Pincus USD 384 million pre-IPO

January 17, 2018  |  comments ( 0 )  |