digital payments

RBI installs ombudsman for digital payments

Payal Ganguly

Reserve Bank of India (RBI) has launched an ombudsman scheme for digital payments, a little less than three months after the RBI proposed ....

1 February, 2019

Paytm to step up overseas expansion this year

Reuters

Digital payments company Paytm is considering foraying into 1-2 more developed markets in 2019, Chief Financial Officer Madhur ....

24 January, 2019
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RBI sets up digital payments panel led by Nandan Nilekani

Payal Ganguly

The Reserve Bank of India (RBI) on Tuesday announced setting up of a committee for deepening digital transactions led by Nandan ....

8 January, 2019

Flashback 2018: Fintech segment continues to enjoy the purple patch

Vijayakumar Pitchiah & Kavya Kothiyal

India's nascent but fast-growing fintech sector recorded another year of success in terms of funding and entrepreneurial activity, ....

31 December, 2018

Cashfree wants to catch the eye by being more than a payment gateway

Kavya Kothiyal

Reeju Datta and Akash Sinha met through a mutual friend in Bengaluru in early-2015. At the time, Datta was a marketing executive ....

29 November, 2018

NTT Data acquires majority stake in payments firm Atom Technologies

Anand J

Japanese IT services major NTT Data has picked up a majority stake in payment services company Atom Technologies, paving the way ....

27 November, 2018
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From Ezetap to WhatsApp: Abhijit Bose has his task cut out as he hits reboot

Dearton Thomas Hector

A striking aspect of WhatsApp’s appointment of Abhijit Bose as the head of its Indian operations was that the instant messaging ....

22 November, 2018

WhatsApp appoints Ezetap founder as head of India ops

Payal Ganguly

WhatsApp on Wednesday announced the appointment of Abhijit Bose as the head of its Indian unit to build the Facebook-owned instant ....

21 November, 2018

Mastercard says it's now storing all Indian payments transaction data locally

Reuters

Global card payments giant Mastercard is storing its new Indian transaction data locally, the company said on Tuesday, as ....

30 October, 2018

Paytm says consumer data safe as 3 arrested over theft of founder's data

Reuters

Police have detained three people, including the spokeswoman of the country's biggest digital payments company Paytm, over ....

23 October, 2018
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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

WhatsApp builds system to store payments-related data locally

Reuters

Facebook Inc’s WhatsApp said on Tuesday it has built a system that stores payments-related data locally in India, in a bid ....

9 October, 2018

Future Enterprises to pick up majority stake in digital payments startup LivQuik

Kavya Kothiyal

Kishore Biyani-led Future Enterprises Ltd has agreed to acquire a majority stake in LivQuik Technology (India) Pvt. Ltd, a Mumbai-based ....

3 October, 2018

Fintech and beyond: The ‘Citrus Cartel’ is producing some juicy startup ideas

Payal Ganguly

Palo Alto has the ‘PayPal Mafia’, where at least 13 former staffers of the online payments giant including Elon Musk ....

3 October, 2018

Infibeam complaint over rumour adds to WhatsApp’s woes in India

Anirban Ghoshal

There appears to be more trouble in store for instant messaging platform WhatsApp, which has been struggling to get its payments ....

1 October, 2018

Why the Aadhaar verdict is a roadblock for businesses collecting KYC details

Payal Ganguly & Shweta Sharma

When Delhi-based digital marketing professional Sudarshan Sahu requested digital wallet firm Paytm to complete his know your customer ....

26 September, 2018

Paytm may introduce facial recognition for its mobile app

Shweta Sharma

Digital payments firm Paytm is reportedly testing a facial recognition feature for its mobile app. According to a report in ....

24 September, 2018

Paytm says rival Google Pay may be using customer data for monetary gains

Payal Ganguly

Google Pay, the flagship digital payments platform of the US-headquartered software giant, is facing questions over whether it ....

21 September, 2018

Data localisation norms deter Apple from launching payments service in India

Shweta Sharma

Tech giant Apple has decided to put off its plans of launching a digital payments service based on Unified Payments Interface ....

6 September, 2018

How Amazon 'target' Tapzo could spice up its digital payments play

Binu Paul

On a day when Paytm confirmed that billionaire Warren Buffett’s Berkshire Hathaway had invested in it and Google rebranded ....

29 August, 2018