Mobile Wallets

Technology has revolutionised every facet of the retail industry from its behind-the-scenes operations to its customer-facing interactionsTechnology has brought about a profound transformation across all aspects of the retail sector, encompassing both its behind-the-scenes operations and customer-facing engagements. While...

From adopting technology to improving efficiency and cost-effectiveness, to embracing sustainable practices for cleaner, operations, here’s what laundromats are doing to stay relevant and profitable By Arunabh SinhaNew Delhi: In recent years, technology has transformed different facets of our lives,...

The smartphone—already a Swiss-army knife of information, content and entertainment—is rapidly becoming a convenient medium for making payments. Mobile payments* have largely been considered a product for developed markets, but based on current trends in India, they hold just...

Digital wallet companies on Wednesday welcomed the RBI's decision to increase the limits on mobile wallets spend to Rs 20,000 for users and to Rs 50,000 for merchant bank transfers in view of the cash crunch following demonetization of...

Unable to undertake transaction in the absence of Rs 500 and Rs 1000 notes, some vegetable vendors and small traders have taken to using cashless means of payment like Paytm and card readers. Naresh Kumar, who owns a grocery shop...

An immediate fallout of the demonetization of high value notes would be a mushrooming growth of non-bank entities like Paytm and Freecharge into the payment business, industry chamber Assocham said on Sunday citing a study. "One immediate fallout of the...

Total payments conducted via digital payment instruments will be in the range of US $500 billion by 2020, which is roughly 10x of current levels, says the report…

Over the past few years, the payment landscape in India has mirrored developments occurring in the global payments arena, albeit with a time lag. Although the digitisation of payments in India is a recent phenomenon, the trend has displayed...

The Union Finance Minister Arun Jaitley recently released 'less cash campaign' road map of the Confederation of All India Traders (CAIT) which has launched a nationwide campaign for promotion of usage of digital payments across the country. CAIT has decided...