online payments
In Focus
UPI takes lead, while COD stays strong in tier 2, 3 cities
Despite the digital boom, Cash on Delivery (COD) continues to dominate in tier 2 and 3 cities, where trust in online payments is still developing.IndiaRetailing Insights: In India’s rapidly evolving retail and payment landscape, the Unified Payments Interface (UPI)...
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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...
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Meesho aims to grow merchant base 10 times to 1.1 cr by 2027
PTI -
Meesho charges zero commission from sellers on their sales but charges for services like advertisement, logistics and other business tools that it provides to merchantsNew Delhi: With the government relaxing GST rules for online sellers, Softbank-backed Meesho aims to...
Payments
PhonePe completes separation from Flipkart
After the complete separation of Flipkart and PhonePe, both entities will continue to operate under US-based retail giant WalmartNew Delhi:Â Flipkart and PhonePe have completed their separation and both entities will continue to operate under US-based retail giant Walmart, a...
In Focus
RBI pauses onboarding of online merchants by Paytm Payments Services; firm says no material impact on biz
PTI -
Paytm will not onboard new online merchants till the time approvals from RBI remain pending. It will, however, onboard new offline merchants and offer them payment servicesNew Delhi:Â Banking regulator Reserve Bank of India (RBI) has put a pause on...
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Marks & Spencer appoints Manish Kapoor as Managing Director for India
Kapoor began his career as a store merchandiser at Pantaloon Retail India and then joined Madura Garments as a...
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