Amazon testing its own UPI handle for new payments product: Report

Vijayakumar Pitchiah

The payments arm of Amazon India has started testing its native unified payments interface (UPI) handle with a closed user group, ....

9 January, 2019

MobiKwik reports wider losses even as revenues more than double

Dearton Thomas Hector

Digital payments firm MobiKwik, owned by One MobiKwik Systems Pvt. Ltd, has reported wider loss for the financial year ended March ....

4 January, 2019
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Xiaomi launches payments service Mi Pay

Payal Ganguly

Device maker Xiaomi has entered the crowded digital payments space in the country by partnering with ICICI Bank and PayU India. ....

21 December, 2018

Payments firm MobiKwik raises $3.38 mn in fresh funding

Vijayakumar Pitchiah

Digital payments firm One MobiKwik Systems Pvt. Ltd, which runs MobiKwik, has raised around Rs 24 crore ($3.38 million) in a fresh ....

18 December, 2018

MobiKwik hires Delhivery exec to lead payment gateway and international biz

Binu Paul

Digital payments firm MobiKwik has appointed Sushant Kashyap as the business head for its payment gateway and international business, ....

14 December, 2018

Wealth management app CashRich raises angel funding

Binu Paul

Wealth management app CashRich, owned by Thane-based CR Fintech Pvt. Ltd, has raised angel funding worth $1 million (Rs 7 crore) ....

23 November, 2018
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MobiKwik adds insurance to its portfolio of digital financial offerings

Payal Ganguly

In its push towards becoming a financial services platform, mobile wallet player MobiKwik on Wednesday announced the launch of ....

21 November, 2018

RBI lays out guidelines for transactions between different mobile wallets

Reuters

The Reserve Bank of India on Tuesday laid out guidelines that would allow for seamless payments between different mobile ....

16 October, 2018

After Paytm, MobiKwik enters online wealth management with Clearfunds buy

Kavya Kothiyal

Digital payments firm One MobiKwik Systems Pvt. Ltd has acquired online wealth management platform Clearfunds, entering a segment ....

11 October, 2018

Tez’s new avatar Google Pay enters digital lending, ties up with offline retailers

Anirban Ghoshal

Google India has tied up with four private-sector banks to offer loans through its payments app and is also entering the offline ....

28 August, 2018
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MobiKwik appoints three business heads amid reports of top-level exits

Vijayakumar Pitchiah

Digital payments firm MobiKwik has beefed up its top deck by appointing business heads for three different verticals. In a ....

24 July, 2018

US firms face off with Paytm in lobbying against data storage rules

Reuters

US payment firms have successfully pushed India to consider diluting rules on data storage, but their lobbying ....

24 July, 2018

Govt proposes relaxing local data storage rules for payment firms

Reuters

India's finance ministry has proposed relaxing a directive from the country's central bank to compel global payment firms ....

11 July, 2018

MobiKwik invests in predictive analytics startup Pivotchain Solutions

Binu Paul

Digital payments firm One MobiKwik Systems Pvt. Ltd has invested Rs 2 crore ($294,000) in Pune-based data science company Pivotchain ....

18 June, 2018

MobiKwik hires Fullerton India exec to start digital lending biz

Shweta Sharma

Digital payments firm MobiKwik on Tuesday said it had roped in former Fullerton India Credit executive Vinayak N as the head of ....

12 June, 2018

Another top-level exit at MobiKwik as marketing and growth head resigns

Shweta Sharma

MobiKwik’s marketing and growth head Damandeep Singh Soni quit the digital payments firm in another top-level exit, The ....

11 June, 2018

UIDAI restricts access to Aadhaar data for mobile wallets, cites security concerns

Anirban Ghoshal

The Unique Identification Authority of India (UIDAI), which runs India’s national identity card project Aadhaar, has curbed ....

4 June, 2018

Local storage of payment data to inspire confidence, entice transactions

Bipin Preet Singh

It was just another weekday on the sixth of April when a directive by Reserve Bank of India (RBI) asking all payment companies ....

7 May, 2018

As Jio partners Sodexo, do more digital players have appetite for food coupons?

Anand J & Binu Paul

Digital wallet JioMoney's tie-up with Sodexo could potentially shake up the food coupon space as an instrument once deemed ....

13 April, 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

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