PhonePe recently crossed the 250 million registered user milestone, with more than 100 million monthly active users generating nearly 1 billion digital payment transactions in October alone. Topics PhonePe | Flipkart | digital payment wallet Peerzada Open | Bangalore Last Updated on December 6, 2020 11:20 PM IST Somewhere this …
Read More »
In a bid to boost digital payments, the Reserve Bank on Friday announced a series of measures including raising the limit for contactless card transactions to Rs 5,000 and making the LBTR transaction facility available 24 hours a day. day from December 14. The RBI has also decided to license …
Read More »
BENGALURU: Flipkart co-founder Binny Bansal will join PhonePe’s board of directors as the digital payments company splits from Walmart-owned Flipkart to become a separate entity. Bansal will join PhonePe co-founders Sameer Nigam, Rahul Chari and Rohit Bhagat on the board. Read also: Inside India’s quest to fix its payments puzzle …
Read More »
The headlines of the main news of the day and more. Mr. Goswami was transferred to Taloja Prison along with Feroz Shaikh and Nitesh Sarda after their quarantine period in Alibaug ended. Raigad’s local crime branch inspector Jamil Shaikh said that Mr. Goswami was found to be using a mobile …
Read More »
A day after the National Payments Corporation of India (NPCI) announced a 30% market capitalization for digital payments companies in UPI, market leader Google Pay said it could affect further UPI adoption in the country. The cap comes at a time when WhatsApp Pay launched in India on Friday after …
Read More »
The digital payments space in India, specifically UPI payments services, is about to undergo a major restructuring. The National Payments Corporation of India (NPCI) has made it official that a new limit will apply as of January 1, 2021 requiring that no third party application provider (TPAP) can exceed more …
Read More »
The Google Pay digital payments app is not yet available to Apple iPhone users in India. The Google Pay app, formerly known as Google Tez, was not listed on the Apple App Store yesterday and is not yet available. Google confirmed yesterday that the app wasn’t on the list to …
Read More »
Sweden may be about to take its global cash shortage to the next level, as the pandemic threatens to push its banknotes and coins to the brink of extinction. Stefan Ingves, the governor of the Riksbank, recently commented that some young Swedes “no longer have a clue” of what real …
Read More »