digital payment
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Flipkart unifies its payment and fintech offerings as Flipkart Pay
Flipkart Pay will include Flipkart UPI, recharges and bill payments, Flipkart Pay Later, Flipkart Axis Bank co-branded credit card, insurance, gift cards, and EMIs
Bengaluru: Homegrown e-commerce marketplace Flipkart has consolidated its bouquet of financial and payment offerings on the app...
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Flipkart expands digital payment offerings with five new categories
PTI -
The expansion includes recharge and bill payment categories, including FasTag, DTH recharges, landline, broadband, and mobile postpaid bill payments, on the Flipkart appNew Delhi: Indian e-commerce major Flipkart on Wednesday said it has partnered with payment solutions company BillDesk...
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Interoperable Internet banking system that benefits merchants to go live in 2024: RBI Governor
PTI -
At present, internet banking transactions are processed through payment aggregatorsMumbai: Reserve Bank Governor Shaktikanta Das on Monday said an interoperable system for Internet banking will be launched in 2024.At present, internet banking transactions are processed through payment aggregators (PA),...
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Digital payments rise 10.94% annually at September-end 2023: RBI data
PTI -
The central bank announced the construction of a composite RBI-DPI in March 2018 as a base to capture the extent of digitisation of payments across the countryNew Delhi: Digital payments across the country registered a growth of 10.94% in...
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Mandatory linking of e-invoice with e-way bill may cause operational disruption: Experts
PTI -
The move was initiated after the mismatch in e-way bills and e-invoice statements was noticed in several casesKolkata: Mandatory linking of e-invoice with e-way bill, applicable from March 1 for certain types of transactions, may cause disruption in operation...
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UPI major driving force in growth of digital payment: MoS Finance
PTI -
UPI transactions have grown from 92 crore in 2017-18 to 8,375 crore in 2022-23 at a Compound Annual Growth Rate (CAGR) of 147% in terms of volumeNew Delhi: Unified Payments Interface (UPI) has been the major driving force in...
E-Commerce
Amazon Pay launches sign language video KYC service
The service enables two-way video communication in sign-language between Amazon Pay employees and customers
Bengaluru: Online payments processing service Amazon Pay has launched a video sign language know your customer (KYC) service for its hearing and speech impaired customers, the company...
In Focus
Alternative payments account for 60% of e-commerce market in India: Report
Over the last five years, alternative payment solutions like Amazon Pay, Google Pay, and Paytm have consistently risen in popularity among Indian consumers
Bengaluru: With a market-share of about 58%, alternative payment methods such as mobile and digital wallets have...
Payments
Digital payment via UPI spikes on person-to-merchant transaction growth: Report
PTI -
The number of UPI transactions in January 2018 was 151 million, and it reached 9.3 billion in June 2023, primarily driven by the growth in P2M transactionsNew Delhi: Digital payment through Unified Payments Interface (UPI) has seen a multi-fold jump...
E-Commerce
The offshoots: 12 startups founded by former Flipkart employees
From fitness to fintech, here are 12 diverse startup businesses founded by individuals who were once part of the Flipkart team
Bengaluru: Flipkart is the model success story of an Indian e-commerce startup. The homegrown e-commerce platform Flipkart was founded...
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Digital Icon : Rakesh Bali
Rakesh Bali is at the helm of brand marketing, communications, events, and sustainability-related marcom initiatives for the petrochemicals segment...
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