NPCI to run pilot on proximity payments, ropes in 3 startups

Anirban Ghoshal

Digital payments supervising body National Payments Corporation of India (NPCI) is running a pilot project on proximity-based ....

20 April, 2018

Flipkart invests $80 mn into payments arm PhonePe

Vijayakumar Pitchiah

Phonepe Pvt Ltd, the payment arm of homegrown e-commerce firm Flipkart, has received Rs 518.22 crore ($80 million) in a fresh ....

23 March, 2018
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Impostors may scam UPI users out of their digital money

Anirban Ghoshal

People transferring money digitally through government-backed Unified Payments Interface (UPI) may be targeted by fraudsters posing ....

14 March, 2018

PhonePe takes issue with Paytm's claims of UPI dominance

Binu Paul

PhonePe, the payments app of e-commerce firm Flipkart, has termed digital payments firm Paytm’s claim of being the largest ....

9 March, 2018

Google takes on WhatsApp, launches chat option in payments app Tez

Anirban Ghoshal

In a move to up the ante against WhatsApp’s payments feature, search engine giant Google has introduced a chat option in ....

7 March, 2018

Paytm's Vijay Shekhar Sharma cries foul over WhatsApp Pay; draws flak from peers

Anirban Ghoshal

The National Payments Corporation of India (NPCI), the umbrella body which oversees digital payments in the country, on Friday ....

16 February, 2018
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WhatsApp rolls out beta version of UPI-based payments feature

Anirban Ghoshal

After months of speculation, instant-messaging platform WhatsApp has finally started India rollout of its payments service in ....

9 February, 2018

Will abundant cash supply spoil the m-wallet party?

Arti Singh

Without a doubt, digital wallets have been the biggest beneficiary of Prime Minister Narendra Modi's November move to scrap high-value ....

9 February, 2017

ICICI Bank allows UPI transactions through Flipkart's PhonePe

Dearton Thomas Hector

After weeks of confusion and a near-verbal spat between Flipkart's e-wallet PhonePe and ICICI Bank, the private sector lender ....

2 February, 2017

PayU to widen fintech play, bets on cross-border payments, offline business

Arti Singh

Naspers-owned payments gateway PayU India is betting big on the fintech space in India. While its primary focus will be on payments, ....

28 February, 2017
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Now, government to take on VC-backed wallet startups with 'cashback' for BHIM app

Oineetom Ojah

The government will soon announce a cashback scheme for users of the Bharat Interface for Money (BHIM) app in a bid to boost ....

21 February, 2017

Flipkart's PhonePe lashes out at ICICI, accuses bank of 'flexing muscle'

Dearton Thomas Hector

The tussle between Flipkart's digital wallet PhonePe and ICICI Bank over the UPI payments issue has taken the form of a public ....

23 January, 2017

Flipkart halts UPI payments after NPCI reverses stand in ICICI-PhonePe tussle

Dearton Thomas Hector

Flipkart-owned PhonePe has halted payments through the unified payment interface (UPI) option on the e-commerce company's app ....

22 January, 2017

In U-turn, NPCI tells Flipkart's PhonePe to adhere to UPI norms

Dearton Thomas Hector

Making a U-turn in the tussle between private-sector lender ICICI Bank and Flipkart's digital wallet PhonePe, National Payments ....

20 January, 2017

ICICI Bank rejects NPCI call to unblock PhonePe

Arti Singh

The tussle between ICICI Bank and online retailer Flipkart's digital wallet, PhonePe, isn't likely to end soon with the private-sector ....

20 January, 2017

Flipkart-owned PhonePe crosses 10 million downloads in two months

Priya Singh

Mobile payments entity PhonePe Internet Pvt. Ltd has crossed the 10 million downloads mark on the Google Play Store. The Flipkart-owned ....

11 January, 2017

Will digital wallets survive the UPI onslaught?

Arti Singh

In the last two months that demonetisation has dominated dinner-table conversations, digital wallet Paytm has had a dream run, ....

6 January, 2017

BHIM app review: Simple, secure and intuitive

Varun Arora

It's not even been a week since the BHIM (Bharat Interface for Money) app was launched by Prime Minister Narendra Modi, and it ....

4 January, 2017

Paytm Payments Bank gets RBI's final approval

Arti Singh

Digital payments firm Paytm has finally got regulatory approval to launch its much-awaited payments bank. "Today, the Reserve ....

3 January, 2017

Govt to incentivise district administration to boost cashless payments

Disha Sharma

The government of India has introduced a series of measures to provide incentives to the district administration in order to ....

5 December, 2016

We'll focus on being a mobile payments firm, says FreeCharge's Rajan

Vijayakumar Pitchiah

FreeCharge, the digital payments platform of Snapdeal, is increasingly playing an important role in the e-commerce company's ....

30 May, 2016