digital payments

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

PhonePe gets fresh infusion from parent as competition heats up

Vijayakumar Pitchiah

PhonePe, the digital payments arm of Walmart-owned e-commerce giant Flipkart, has received the first capital infusion of 2019 ....

22 March, 2019

RBI installs ombudsman for digital payments

Payal Ganguly

Reserve Bank of India (RBI) has launched an ombudsman scheme for digital payments, a little less than three months after the RBI proposed ....

1 February, 2019

Paytm to step up overseas expansion this year


Digital payments company Paytm is considering foraying into 1-2 more developed markets in 2019, Chief Financial Officer Madhur ....

24 January, 2019

RBI sets up digital payments panel led by Nandan Nilekani

Payal Ganguly

The Reserve Bank of India (RBI) on Tuesday announced setting up of a committee for deepening digital transactions led by Nandan ....

8 January, 2019

Flashback 2018: Fintech segment continues to enjoy the purple patch

Vijayakumar Pitchiah & Kavya Kothiyal

India's nascent but fast-growing fintech sector recorded another year of success in terms of funding and entrepreneurial activity, ....

31 December, 2018

Cashfree wants to catch the eye by being more than a payment gateway

Kavya Kothiyal

Reeju Datta and Akash Sinha met through a mutual friend in Bengaluru in early-2015. At the time, Datta was a marketing executive ....

29 November, 2018

NTT Data acquires majority stake in payments firm Atom Technologies

Anand J

Japanese IT services major NTT Data has picked up a majority stake in payment services company Atom Technologies, paving the way ....

27 November, 2018

From Ezetap to WhatsApp: Abhijit Bose has his task cut out as he hits reboot

Dearton Thomas Hector

A striking aspect of WhatsApp’s appointment of Abhijit Bose as the head of its Indian operations was that the instant messaging ....

22 November, 2018

WhatsApp appoints Ezetap founder as head of India ops

Payal Ganguly

WhatsApp on Wednesday announced the appointment of Abhijit Bose as the head of its Indian unit to build the Facebook-owned instant ....

21 November, 2018

Mastercard says it's now storing all Indian payments transaction data locally


Global card payments giant Mastercard is storing its new Indian transaction data locally, the company said on Tuesday, as ....

30 October, 2018

Paytm says consumer data safe as 3 arrested over theft of founder's data


Police have detained three people, including the spokeswoman of the country's biggest digital payments company Paytm, over ....

23 October, 2018

RBI lays out guidelines for transactions between different mobile wallets


The Reserve Bank of India on Tuesday laid out guidelines that would allow for seamless payments between different mobile ....

16 October, 2018

After Paytm, MobiKwik enters online wealth management with Clearfunds buy

Kavya Kothiyal

Digital payments firm One MobiKwik Systems Pvt. Ltd has acquired online wealth management platform Clearfunds, entering a segment ....

11 October, 2018

WhatsApp builds system to store payments-related data locally


Facebook Inc’s WhatsApp said on Tuesday it has built a system that stores payments-related data locally in India, in a bid ....

9 October, 2018