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Posts Tagged ‘ M-Payment ’

M-payment: What Is Holding It Back In India?

Monday, January 23, 2012 | More »

With more than 600 million active mobile phone users in the country, it is but natural to expect that mobile phone will be one of the key tools for processing electronic payments in India. However, it is yet to gain traction even among consumers who are actively paying for products and services purc...

Global E-payments & M-payments To Almost Double To $1.6T By 2013: Study

The number of global e-payments (online payments for e-commerce activities) is expected to grow from 17.9 to 30.3 billion transactions between 2010 and 2013, while m-payments are expected to grow from 4.6 to 15.3 billion transactions in the same period, according to a joint report by jointly by Capg...

15 September, 2011 | More »

PVR Cinemas Launches iOS App

Theatre group PVR Cinemas has launched an app for iPhones, iPods and iPads, after launching one for Android-based handsets. The app allows users to check show times of movies, select seats and book the tickets on the go. Plus, it has trailers, movie posters and deals to entice users. Users can locat...

14 September, 2011 | More »

Use USSD Messages On Mobile For Bank Balance Enquiry: NPCI

The National Payment Corporation of India is in talks with telcos to facilitate banking transactions through USSD (unstructured supplementary service data) messages, according to ToI. NPCI proposes the use of mobiles to offer non-financial transactions such as obtaining your bank balance. USSD (Unst...

13 September, 2011 | More »

Loop Mobile Partners ZipCash For Mobile Wallet

Telco Loop Mobile has tied up with Mumbai-based ZiPCASH Card Services Pvt Ltd to offer an SMS-based mobile coupon service. Loop subscribers can use them to shop online, pay utility bills, purchase recharges for DTH and even movie tickets. ZipCash offers a mobile wallet service and has tied up with v...

29 August, 2011 | More »

Online Payment Market Growing At 60-70%: Srinivasu MN, Director, BillDesk

On Tuesday, a media report said that American Express was planning to acquire a significant majority stake in one of India’s largest payment gateway BillDesk for Rs 600 crore. BillDesk, which offers online payment services for telephone bills, electricity bills, cell-phone bills, credit card bills...

2 August, 2011 | More »

Global Mobile Payment Users To Reach 141M in 2011: Gartner

Worldwide mobile payment users will surpass 141.1 million in 2011, a 38.2 percent increase from 2010, when mobile payment users reached 102.1 million, says a report by Gartner, Inc. Also, worldwide mobile payment volume is forecast to total $86.1 billion, up 75.9 percent from 2010 volume of $48.9 b...

25 July, 2011 | More »

M-Payment Firm Beam To Expand Pan-India; To Invest Rs 500 Cr

New Delhi-based mobile payment provider Suvidha’s Beam Simple Money service expects to double its user base by March 2012 as it expands its reach across India. Established in 2009, Beam has over 5 million customers today in the country and a network of 50,000 retailers and 20,000 registered mercha...

18 July, 2011 | More »

RBI Enhances Mobile Banking Limit To Rs 50,000

The Reserve Bank of India has given a fillip to mobile banking by relaxing the norms for making payments through mobile phones, also known as m-wallet. Whereas, earlier it was possible to store only up to Rs 5000 in m-wallets, now the limit has been enhanced to Rs 50,000. The RBI notification of May...

6 May, 2011 | More »

Suvidha’s Beam Simple Money Partners Bookmyshow For IPL and Movie Payments on Mobile

New Delhi based mobile payment provider Suvidha’s Beam Simple Money service now allows users to buy tickets to the IPL and movies via a partnership with Bookmyshow.com. Users can now book over 500 movie tickets on M.In.Bookmyshow.com. Mobile users can also buy tickets for four IPL team matches...

27 April, 2011 | More »

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