You will necessarily need a FASTag for your car if you are on a road trip and crossing the toll plazas on Indian National Roads, as of January 1. This confirmation comes from the Union Minister of Transport for Road, Highways and MSMEs, Nitin Gadkari, who has said that FASTags …
Read More »Flipkart Co-Founder Binny Bansal to Join PhonePe Board
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 »Monthly active users at all time for Flipkart, PhonePe: Walmart
Bangalore: US retail giant Walmart Inc. said Tuesday that its Indian e-commerce unit Flipkart and payment app PhonePe have seen a solid quarter thanks to ‘Big Billion Day’ sales, with monthly active users (MAUs) at a high. historical. for the Indian e-tailer. The retail giant in its August-October quarter earnings …
Read More »News highlights of November 8, 2020
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 »UPI transaction limit for Google Pay, WhatsApp Pay, PhonePe, and others, but should you be concerned?
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 »Here’s how to set up WhatsApp Pay, make payments, and more
The digital payments space in India is about to get a bit more exciting, with WhatsApp Pay finally implemented for WhatsApp now available for iPhone and WhatsApp for Android users in India. Of course, you will need to have the latest version of WhatsApp installed on your phone for the …
Read More »Google Pay is still unavailable on iPhone and there are no in-app warnings about potential payment issues
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 »PhonePe News: Flipkart puts Rs 1.3 billion rupees on PhonePe | India Business News
[ad_1] BENGALURU: PhonePe, the payments unit of the Flipkart group, received a capital injection of about Rs 1.3 billion from its parent entity Flipkart, based in Singapore, according to Paper.vc, a business intelligence firm. The capital infusion, which took place in two tranches, comes at a time when most companies …
Read More »Flipkart infuses $ 28 Mn into its PhonePe payment arm
[ad_1] The UPI-enabled digital payment platform PhonePe has secured $ 28 million in a new round of financing from Flipkart and comes four months after raising Rs 585.66 crore from its Singapore-based portfolio entity. Entrackr had exclusively reported Development in December. Flipkart had also injected $ 56 million into its …
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