Smaller Unified Payments Interface (UPI) apps adjured National Payments Corporation of India (NPCI), an organization operating retail payments and settlement systems, to map out a mechanism to support and incentivize…
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…
Digital payment provider and Indian fintech company PhonePe has lodged a police complaint against three employees of Vijay Shekhar Sharma’s Paytm for apparently putting fire to its QR codes. The…
Financial technology (Fintech) is a technology that works on improving and automating the delivery and use of financial services. Fintech startups help business owners and consumers to manage their financial…
Amazon Inc. has been adding features and putting in investments is several new sectors of the Indian market for the past few weeks. This time the retail giants made way…
Reports suggest a new super app to be launched in the Indian markets at the end of this year or early 2021. This time Tata is set to enter the…
Introduction It is hard to imagine that one small company can completely transform the way we shop. But that is exactly what Flipkart has done. In 2007, ecommerce was still…
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,…
