digital payments

Digital payments enabler Mswipe launches app store for POS devices

Om Athavale

Mumbai-based point-of-sale (POS) merchants platform operator Mswipe Technologies Pvt Ltd announced the launch of Money Store, ....

9 July, 2019

Max Bupa Health Insurance's bite-sized products to go live on MobiKwik app

Om Athavale

Max Bupa Health Insurance Co. Ltd on Wednesday said it will make available its “bite-sized” products for customers ....

26 June, 2019
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Prime Venture Partners invests seed money in fintech startup Recko

Payal Ganguly

Recko, a fintech startup that helps companies reconcile digital transactions, has raised $1 million (around Rs 6.93 crore) in ....

26 June, 2019

Amazon Pay strengthens war chest with fresh infusion from parent

Payal Ganguly

Amazon Corporate Holdings Singapore has led an infusion of Rs 450 crore ($64.2 million) in Amazon Pay, the e-commerce platform’s ....

24 June, 2019

Paytm shifts focus of cashback strategy to offline merchants

Shweta Sharma

Digital payments unicorn Paytm is shifting the focus of its cashback-based incentive strategy from peer-to-peer (P2P) transactions ....

20 June, 2019

India’s digital payments to more than double in value by 2023: Assocham-PwC report

Vignesh Ananthraj

The value of India’s digital payment transactions is projected to more than double to $135 billion in 2023, from $64.8 billion ....

17 June, 2019
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Paytm rolls out AI engine to bump up payment success rate

Om Athavale

Payments platform Paytm, run by One97 Communications, on Friday announced the launch of its artificial intelligence (AI)-based ....

14 June, 2019

Mastercard partners with PaySwiff to boost digital payments in small-town India

Kavya Kothiyal

Global payments giant Mastercard has tied up with point-of-sale (PoS) solutions provider Payswiff to boost the acceptance of digital ....

10 June, 2019

Mobikwik claims pole position in IMPS transactions among digital payment firms

Vijayakumar Pitchiah

Digital payments firm Mobikwik said it clocked the highest number of Immediate Payment Service (IMPS) transactions among digital ....

10 June, 2019

RBI looms large this week, with its digital payments agenda

Payal Ganguly

The Reserve Bank of India (RBI) dominated the policy space this week, releasing a report that benchmarked India’s digital ....

7 June, 2019
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Digital payments in India accelerated in FY19 due to UPI: RBI report

Payal Ganguly

The volume of retail electronic payments in India grew at an annual pace of more than 50% from 2015 to 2019 driven by higher financial ....

6 June, 2019

Airtel Payments Bank enables UPI-based payments at merchant locations

Om Athavale

Airtel Payments Bank said on Tuesday it has enabled Unified Payments Interface-based payments at more than 500,000 merchant points ....

4 June, 2019

Nilekani-led panel suggests measures to grow digital transactions tenfold by 2021

Payal Ganguly

A five-member committee headed by former Unique Identification Authority of India (UIDAI) chairman Nandan Nilekani has envisioned ....

4 June, 2019

Brexit looming, Financial Software & Systems chooses to relocate HQ to Amsterdam

Anand J

With Brexit looming, Chennai-based payments technology firm Financial Software & Systems (FSS) Pvt. Ltd has decided to relocate ....

31 May, 2019

Startups embrace Modi mandate, hope for angel-tax abolition in BJP’s second term

Anand J

The startup and technology ecosystem has welcomed the big mandate won by the Bharatiya Janata Party (BJP)-led coalition in the ....

23 May, 2019

Meet the Amazon-backed startup hitting the right notes with its payment solutions

Vijayakumar Pitchiah

If ToneTag has its way, you may soon be able to walk out of a restaurant or alight a bus without anyone actually seeing you pay ....

22 May, 2019

NPCI wants to develop a blockchain-based solution for digital payments

Vignesh Ananthraj

The National Payments Corporation of India (NPCI) has sought proposals from third parties in its quest to develop a blockchain-based ....

16 April, 2019

Payments firm Payoneer targets e-commerce sector for India expansion

Payal Ganguly

New York-headquartered Payoneer is exploring new lines of business in India as it looks beyond its staple offerings of cross-border ....

16 April, 2019

Naspers-backed PayU buys digital payments firm Wibmo for $70 mn

Kavya Kothiyal

Naspers-owned PayU on Friday said it has acquired California-headquartered Wibmo Inc, which also operates in the digital payments ....

12 April, 2019

Payments startup BharatPe secures $15.5 mn in Series A round

Shweta Sharma

Digital payments firm BharatPe, which services offline retailers and businesses, has raised $15.5 million (around Rs 107 crore) ....

4 April, 2019

Digital payments company Transerv raises funds from Indiabulls arm

Vijayakumar Pitchiah

Mumbai-based digital payments company Transerv Pvt. Ltd has raised $6.7 million (Rs 46 crore) from Indiabulls Ventures Ltd to ....

3 April, 2019