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Demonetization: Digital payments at Mother Dairy, Safal rise multi-fold

Digital transactions at Mother Dairy booths and Safal outlets in the national capital have increased substantially in the wake of demonetization, Agriculture Minister Radha Mohan Singh said. According to a PTI report: Mother Dairy is presently accepting payments through SBI...

Demonetization: Lenovo experiences 20 per cent dip in PC sales

Lenovo said its PC sales have fallen by over 20 per cent in the past few weeks due to the twin impact of demonetization and seasonal slowdown post Diwali. According to a PTI report: However, the company has adopted measures...

Paytm processes sales of Rs 220 crore at retail partner outlets

Digital payments platform Paytm said it has processed sales of over Rs 220 crore at retail partner outlets during its four-day campaign. The Alibaba-backed company registered three-time surge in payment transactions across offline partner stores during its 12/12 Cashfree Festival,...

Note Ban: FreeCharge announces 100 per cent cashback on 1 lakh merchants

Mobile wallet app FreeCharge has recently announced a 2 day cashback bonanza for consumers across its merchant network, starting December 11. The company has launched the offer to compete against the leading e-wallet Paytm which also announced a similar offer...

Paytm takes offers, cashback offline with its 12/12 cashfree festival

Paytm has today announced the launch of its 12/12 Cashfree Festival, a shopping extravaganza to celebrate the spirit of going cashfree. The offline shopping festival is aimed to introduce millions of new consumers to the convenience of going cashfree...

We aim to become a universal payments app: Founder and CEO, Paytm, Vijay Shekhar Sharma

Buoyed by the rapid adoption of Paytm post demonetization, founder and CEO Vijay Shekhar Sharma recently said that the company is on its way to complete two billion transactions this year. The company, which has about 165 million users, also...

Paytm to leverage the power of India Stack in upcoming Payments Bank

Paytm announced today that it would have a deep integration with India Stack to leverage the platform’s open-stack technology and ensure the best possible experience for its customers and merchants. The company has implemented India Stack components like eSign...

Paytm launches payments method for non-internet users

Paytm has announced a toll-free number 180018001234 to enable consumers and merchants without an internet connection to pay and receive money instantly and also recharge their mobile phones. This will empower millions of non-smartphone users to go cashless even...

Demonetization: Online shopping surges; Paytm, CoD via bank cards preferred payment methods

On November 8, Prime Minister Narendra Modi announced the replacement of 86 per cent of India’s cash by announcing demonetization Rs 500 and Rs 1,000 notes as a part of legal tender in India in a bid to cut corruption, counterfeit...

Plastic money ideal for ease of accounting, efficiency: The Beer Café's Rahul Singh

The Government's decision to withdraw Rs 1,000 and Rs 500 notes as legal tender has impacted the consumer life in a big way. As a result, instead of spending on luxuries, consumers today are spending cautiously on necessities. Reduced consumer...
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New York-based fashion brand Waimea to expand offline in India

The retailer has already partnered with multi-brand outlet Tipsy Topsy and is currently in talks with other retailers including...
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