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Reserve Bank of India

RBI to allow money transfer between mobile wallets

Reserve Bank of India (RBI) is set to grants inter-wallet money transfer. Mobile wallet market chanced to boost. Now you can transfer money between your mobile...

List of top 10 Best Mobile Wallet Apps In India for...

Mobile Wallets or e-Wallets have been one of the biggest beneficiaries of the government’s demonetization move, with India suddenly waking up to the convenience...

RBI changes KYC guidelines for digital wallets to make transactions safer

RBI has issued new guidelines on KYC documents for digital wallet customers to safeguard their transactions.

FreeCharge employees getting retention bonus after acquisition by Axis Bank

To ensure that employees don't quit the company after the acquisition by Axis Bank, FreeCharge employees will be given a six month retention bonus.

Axis Bank acquires online payments startup FreeCharge for ₹385 crore

Axis Bank has confirmed that it is acquiring FreeCharge for ₹385 crore. The deal is expected to close by the end of September with regulatory approvals.

Snapdeal board approves sale of FreeCharge to Axis Bank – Report

Snapdeal board has reportedly approved Axis Bank's offer to acquire FreeCharge, for ₹385-390 crore. Official announcement is expected to take place by the end of this week.

Amazon bids ₹466-532 crore to acquire FreeCharge – Report

Amazon has placed a bid of ₹466 crore to ₹532 crore for the acquisition of FreeCharge. The payments startup already has two acquisition offers - one from Axis Bank and another from Bharti Airtel.

Bharti Airtel in talks to acquire Freecharge?

According to reports, Airtel has offered to acquire Freecharge for an undisclosed amount. The talks are already in the advanced stage.

Axis Bank looks to acquire Freecharge for approx ₹200 crores

According to confirmed sources, Axis Bank is conducting due diligence to acquire Freecharge for around ₹200 crores.

Freecharge raises additional ₹22 crores from Jasper Infotech

Freecharge has raised additional ₹22 crore from the owner company Jasper Infotech in exchange of 2.2 crore equity shares.