The Parliamentary Standing Committee on Communications and Information Technology raised concerns over the market dominance of foreign-owned fintech platforms in India, including Google Pay and Walmart-backed PhonePe. The committee showed…
2016 launched India’s domestic instant payment system — Unified Payments Interface (UPI)– recorded 10 billion monthly transactions in August, announced the Reserve Bank’s non-profit agency, National Payments Corporation of India…
The Reserve Bank of India (RBI) is keeping a track of the recently announced tie-up between Google Pay and Equitas Small Finance Bank. The apex bank is weighing the implications…
A report by Bloomberg shows how Foreign companies are changing the lending dynamics of India. Companies like Facebook Inc., Xiaomi Corp., are attempting to secure a foothold in India’s digital…
Google has tied up with Setu, a fintech startup, to enable its customers to book fixed deposits (FDs) through Google Pay, as per the report published by The Mint. Setu…
Digital payments Platforms PhonePe and Google Pay continue to lead the game in a unified payments interface (UPI) ecosystem, marking 75% of all the transactions in the first month of…
A sudden controversy emerged on Friday as suddenly Google banned Paytm from its app store known as Google Play Store. The multinational technology conglomerate had cited the Indian payments system…
Merely two months after the Unified Payments Interface (UPI) crossed the billion mark in October 2019, PhonePe, a digital payments platform, which is owned by Flipkart, has been able to…
PhonePe, a digital payments platform, which is owned by Flipkart, has reportedly raised around INR 585.66 crore from its parent firm, cited Mint. As per the sources, PhonePe Pvt Ltd,…
Google pay was formerly known as Google Tez, it was created for customers in India. It is a unified payment platform. Earlier this year, Google announced the ability to sell…
