Ola rolls out credit card in partnership with SBI

Om Athavale

Cab-hailing firm Ola, via its payments arm Ola Money, has launched a credit card in partnership with public sector lender the ....

15 May, 2019

Visa launches multi-modal transport card

Om Athavale

Visa users will soon be able to commute via various modes of transport by using a single card for all payments. The payments ....

13 May, 2019
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Lending firm Branch International to build India presence with Series C capital

Payal Ganguly

San Francisco-headquartered lending company Branch International has raised $170 million (Rs 1,180 crore at current exchange rates) ....

9 April, 2019

Visa, Mastercard welcome RBI’s intent on democratising retail payments

Payal Ganguly

Global payment technology giants Visa and Mastercard have said that the Reserve Bank of India’s intent to open up the retail ....

4 April, 2019

Visa extends tie-up with PayMate to boost B2B payments in CEMEA region

Vignesh Ananthraj

Indian cloud-based business-to-business payments solutions provider PayMate has extended its partnership with multinational financial ....

4 March, 2019

BillDesk raises funding, enters unicorn club

Vijayakumar Pitchiah

Mumbai-based IndiaIdeas.com Ltd, which operates online payment solutions firm BillDesk, has raised $84.85 million (Rs 602.6 crore ....

26 February, 2019
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RBI to stick with plan to force payments firms to store data locally

Reuters

The Reserve Bank of India (RBI) will implement in full its directive that forces global payment companies to store data locally ....

11 October, 2018

Cloud data may have to be stored in India but payment firms may get a breather

Reuters

A panel working on the Indian government’s cloud computing policy wants data generated in India to be stored within the ....

6 August, 2018

RBI resists lobbying by US payment firms to ease local data storage rules

Reuters

India’s central bank is standing firm on a directive to compel global payment firms to store customer data in India, resisting ....

30 May, 2018

BankBazaar names Visa's Navin Chandani chief business development officer

Priya Prasad

Chennai-based A&A Dukaan Financial Services Pvt Ltd, which operates financial services portal BankBazaar.com, has appointed ....

18 July, 2016
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It may not be a cakewalk for mobile wallet firms, warn panellists at Techcircle forum

Priya Prasad

Following the introduction of unified payments interface (UPI)—that empowers users to initiate payment requests from a smartphone ....

20 May, 2016

Payments banks' quest for profits starts with monetising customer data: Techcircle Payments Forum

Priya Prasad

The yet-to-launch payment banks need to monetise the data on customers at the bottom of the pyramid, said panelists at the Techcircle ....

20 May, 2016

Retailers push into crowded mobile payment market

Reuters

Big retailers are muscling in on the likes of Visa, MasterCard and Google in a fiercely competitive and growing mobile payment ....

7 April, 2014

Visa CEO calls digital wallet fee on PayPal 'appropriate'

Reuters

Visa Inc Chief Executive Charlie Scharf suggested on Wednesday that the payment network may impose a fee on digital wallet operators ....

21 March, 2013

Firm Dropped By Visa Says Under 1.5M Card Numbers Stolen

Reuters

Visa Inc has dropped payment processor Global Payments Inc from its list of approved service providers after a major cyber intrusion ....

2 April, 2012

Movida Partners HDFC Bank For Mobile Payment Services In India

Bhawna Gupta

Movida India Pvt. Ltd., a mobile payments joint venture between Visa and London Stock Exchange-listed Monitise, has signed an ....

22 February, 2012

Battle Over Mobile Payments Intensifies

Maija Palmer

Google, PayPal, Visa and leading mobile phone operators are all rushing to announce mobile payments services, in a battle to establish ....

2 December, 2011