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Posts Tagged ‘ digital wallet ’

Paytm to merge wallet business with payments bank

Monday, December 5, 2016 | More »

One97 Communications Ltd, the owner of digital wallet Paytm, said on Monday it will merge its wallet business with its upcoming payments bank to comply with Reserve Bank of India’s directions. The digital wallet will be transferred after the company gets necessary regulatory approval to start Payt...


MobiKwik launches ‘Lite’ app for users with slow net connectivity

Digital wallet firm MobiKwik on Monday launched a data-light version of its mobile application, targeting smartphone users and small business owners who face challenges of slow Internet connectivity that hampers access to digital payments. The MobiKwik Lite app’s size is as small as 1 MB and it ca...

28 November, 2016 | More »

Mrinal Sinha

We are neck and neck with Paytm: MobiKwik’s Mrinal Sinha

Digital wallet firm MobiKwik is betting big on the offline space and expects the biggest chunk of its business coming from this segment in the next 18-24 months. The Gurgaon-based company aims to increase the number of users almost five-fold within two years and says it is set to cross $2 billion in...

29 August, 2016 | More »


MobiKwik offers ‘profit’ to pique interest among wallet users

Digital wallet company MobiKwik, which last year missed the bus for a payments bank licence, has hurled a googly at its biggest rival Paytm by announcing an “annual profit” for its wallet users. Gurgaon-based One MobiKwik Systems Pvt Ltd, which has about 30 million wallet users and expects to in...

2 June, 2016 | More »


Fintech startup TranServ hires former MasterCard, MobiKwik executives

Mumbai-based digital payments company TranServ Pvt Ltd has strengthened its top deck with two senior-level appointments. The company has appointed Salil Mody as senior vice president of corporate strategy and Ushpinder Singh as senior vice president and head of its merchant business. Mody, who most ...

11 May, 2016 | More »


eBay hit as ‘gloves come off’ over PayPal digital wallet fee

EBay Inc  shares hit a new low for 2013 on Monday as concern mounted about the impact of a new “digital wallet” fee on the company’s PayPal business. MasterCard Inc, one of the largest payment networks, said earlier this year that it plans a new fee for digital wallet operators li...

19 March, 2013 | More »

MasterCard unveils ‘digital wallet’ network

MasterCard, the payments processing network, unveiled new digital wallet services designed to enable banks and retailers to take advantage of anticipated growth in electronic payments. Under the name PayPass, MasterCard is creating a unified network that will enable merchants to accept digital payme...

9 May, 2012 | More »

COD A Painful Necessity For Indian E-com Players

Cash on delivery (COD) props up as a hot topic of discussion in any forum where we find two or more executives from Indian e-commerce business deliberating over issues facing the industry. The national conference on digital commerce, organized by IAMAI, was no different. Everyone on the panel was un...

1 May, 2012 | More »

PayPal Redesigns Its Digital Wallet; What’s New

PayPal, the online payments company owned by eBay Inc, has revamped PayPal wallet in what the company says is a move to make money work better in today’s rapidly evolving, multi-channel shopping environment. “Because PayPal’s wallet is digital- not just mobile, it lets consumers do things with...

14 March, 2012 | More »