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MobiKwik claims to be largest digital wallet player in terms of transaction value

The company saw its market share by value grow from 11% in March 2024New Delhi: MobiKwik on Monday said it has become the largest digital financial services platform in terms of PPI Wallet transactions by value for April and...

We should have done better, no secrets about it, says Paytm founder Vijay Shekhar Sharma

Paytm Payments Bank Limited (PPBL) came under regulatory glare as RBI ordered it to stop accepting new deposits in its accounts and its digital wallet from MarchNew Delhi: Paytm founder Vijay Shekhar Sharma on Saturday spoke about his...

NIPL partners with Network to enable UPI QR payment across its merchants in the UAE

Network has over 200,000 POS terminals across over 60,000 merchants in sectors including retail, hospitality, transport, and supermarketsNew Delhi: NPCI International Payments Ltd in partnership with Network International (Network), a leading enabler of digital commerce across the Middle East...

India Quotient-backed Pop launches UPI payments service

The company built its UPI stack in partnership with financial firms such as Yes Bank and JuspayBengaluru: Bengaluru-based startup Pop has received approval as a third-party application provider (TPAP) from the National Payments Corporation of India (NPCI) to offer...

Samsung partners with Paytm to integrate travel, entertainment services to its wallet in India

Galaxy users using the Paytm and Paytm Insider app can add their tickets directly to Samsung WalletNew Delhi: Consumer electronics brand Samsung has partnered with Paytm parent One97 Communications Ltd to integrate travel and entertainment services to Samsung...

Google Wallet in India partners with Pine Labs to offer gift cards

The partnership simplifies Gift Cards usage, offering users a seamless and convenient experienceNew Delhi: Google Wallet in India has partnered with fintech firm Pine Labs to offer gift cards on the platform, according to a joint statement.The partnership simplifies...

Paytm Q4 FY24 loss widens to Rs 550 crore

The Reserve Bank of India (RBI) barred Paytm Payments Bank Limited (PPBL) from accepting deposits, credit transactions or top-upsNew Delhi: Fintech firm One97 Communications, which owns the Paytm brand, on Wednesday said its loss in the fourth quarter...

Visa appoints Sujai Raina as India Country Manager

In addition to his responsibilities as Country Manager, he will continue to lead business development for Visa in IndiaNew Delhi: Digital payments platform Visa on Tuesday said it has appointed Sujai Raina as the country manager for India.Besides, Sandeep...

Paytm COO Bhavesh Gupta quits; company rejigs senior management

Gupta joined Paytm in August 2020 from Clix Capital, formerly GE CapitalNew Delhi: Paytm's parent company One97 Communications president and chief operating officer Bhavesh Gupta has resigned from the company, an official statement said on Saturday.Gupta was steering the...

GoKwik partners with Citizen Stack initiative

The initiative stressed the advancements India has made in technology and digital domains Bengaluru: E-commerce enabler GoKwik has partnered with the Citizen Stack initiative to showcase the growing Indian stack on a global stage, the company shared in a press release. India...

American Express to open one-million sq. ft. campus in Gurugram

The new office building provides a modern, energy efficient workspaceNew Delhi: Global payments company American Express on Wednesday announced it will open its nearly one-million square feet campus in Gurugram, Haryana.The company has additional facilities in Gurugram as well...

PayU gets RBI’s in-principle nod to operate as payment aggregator

PayU can now onboard new merchants to provide them digital payment servicesNew Delhi: Fintech firm PayU has received an in-principle approval from the Reserve Bank to operate as a payment aggregator, the company said on Wednesday.In January 2023, RBI...

Razorpay announces ‘UPI Switch’ in partnership with Airtel Payments Bank

The 'UPI Switch' will also enable 5 times faster access to UPI (Unified Payments Interface) innovations for businessesNew Delhi: Fintech company Razorpay on Tuesday launched its own UPI infrastructure with 'UPI Switch', a cloud-based innovation in partnership with Airtel...

BharatPe launches all-in-one payment device BharatPe One

"Equipped with a high-definition touchscreen display, 4G and Wi-Fi connectivity, and powered by the latest Android operating system, BharatPe One delivers enhanced performance and securityNew Delhi: Indian fintech major BharatPe on Tuesday launched BharatPe One, an all-in-one payment product...

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Lulu Mall opens in Kottayam, Kerala

Covering an area of over 2.5 lakh sq. ft., the new Lulu Mall will feature more than 20 egional,...
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