PhonePe

PhonePe Claims 1 Mn Daily Transactions Worth $15.4 Mn In Nov, Taking Lead Over BHIM?

Flipkart owned UPI application PhonePe claims to have processed more than 1 Mn daily transactions value more than $15.4 Mn (INR 100 Cr) each individual day in November. Also, the application has realized a total Payments Volume (TPV) annual operate fee of $6.1 Bn (INR 40K Cr) inside 14 months of its launch. The corporation…

Read More...

Paypal Joins Indian Digital Payments Party; Rolls Out Domestic Payment Services In India

Precisely a year immediately after demonetisation was declared, world digital payments participant PayPal Holdings Inc. has last but not least launched its domestic payment products and services in India currently. The company will now provide payment selections to equally consumers and merchants for domestic transactions. So significantly, PayPal was supplying cross-border payment selections to merchants…

Read More...

Important Indian Startup News Of The Week [30 Oct -04 Nov]

We bring you the weekly dose of important Indian startup news of the week. This week in the Indian startup ecosystem was mainly revolved around profits and losses. One97 Communications, the parent of digital wallet Paytm, clocked $126 Mn (INR 813.8 Cr) in total revenue for the fiscal year ending in March 2017. As per…

Read More...

Global Digital Payments Player PayPal To Launch Domestic Payment Services In India From Next Week

Worldwide digital payments player PayPal is expected to present domestic payment solutions in India from future 7 days, as for each sources close to the enhancement. With its new company in India, PayPal is expected to act like a payment aggregator and perform with banks to present digital payment solutions to its consumers. The source…

Read More...

Flipkart Owned PhonePe Launches Bluetooth Enabled POS Device

Bengaluru-based mostly Flipkart owned fintech business PhonePe has taken yet a different phase to develop its presence in the offline payments phase. PhonePay has released Level of Sale aka POS device to provide the requires of the little retailers. The firm promises it is the ‘lowest cost’ PoS device in the globe. In an official…

Read More...

With 7.5 Mn Tez App Downloads Google Is Eyeing To Lead India’s $500 Bn Digital Payment Industry By 2020

Using large on income back and reward features, Google’s Tez, a UPI-primarily based digital payment app has registered nearly 7.5 Mn downloads in the 40 days due to the fact its launch, educated the corporation CEO Sundar Pichai even though speaking at a quarterly investors’ fulfill. Though the app could not break the Indian government-backed…

Read More...