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Flipkart expands digital payment offerings with five new categories

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...

UPI, Credit to further drive digital payments in e-commerce: Experts

According to experts speaking at the Internet Commerce Summit, international adoption of UPI, increase in transaction limits and credit offered by e-commerce players are the hallmarks of the digital payments evolution Bengaluru: Notable changes are on the cards for Unified Payments...

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...

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...

Digital payment via UPI spikes on person-to-merchant transaction growth: Report

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...

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...

Simpl introduces AI-powered checkout suite to minimise CoD losses

Simpl aims to replace CoD with an alternate system by working with ecosystem partners and through its AI-powered offerings Bengaluru: Checkout network Simpl has introduced artificial intelligence (AI) enabled checkout suite with an aim to reduce losses from cash on delivery...

PayU India biz grows 31 pc to $399 million in FY23

The Dutch investment firm recognised a loss of $77 million on account of losing influence on BYJU'SNew Delhi: Fintech firm PayU India's business grew 31 per cent to USD 399 million in FY23, its parent Prosus said on Tuesday.The Dutch...

Chennai city ranks among top 5 in digital payment transactions in 2022: Report

Bengaluru emerged on top with 29 million transactions worth $65 billion followed by New Delhi 19.6 million transactions worth $50 billion Chennai: Chennai has emerged as one of the top digital payment transactions cities in 2022 in the country, a...

Shiprocket forms alliance with BillDesk to power payments for its one-click checkout solution

Through this partnership, Shiprocket will provide its merchants with payment experience by leveraging BillDesk's extensive experience in processing payments across all payment methods Mumbai: Shiprocket, e-commerce enablement platform, has entered into a strategic partnership with the digital payments platform BillDesk...
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Japan’s largest furniture and home-furnishing retail chain Nitori to open first India store in December

Nitori is targeting 3,000 global stores by 2032 and achieve a sales target of approximately Rs 1.65 lakh crore...
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