Retail payments body reduces charges on small UPI transactions

Payal Ganguly

Retail payments body National Payments Corporation of India has reduced charges on transactions up to Rs 1,000 on state-backed ....

2 April, 2019

WhatsApp Pay yet to comply with data localisation norms: RBI

Payal Ganguly

The Reserve Bank of India has said that WhatsApp has not complied yet with the data localisation guidelines issued in April 2018 ....

29 March, 2019
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Pine Labs ties up with Google Pay for offline payments push

Payal Ganguly

Digital retail payments platform Pine Labs has tied up with Google Pay to enable payments on the Unified Payments Interface platform ....

27 March, 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

Niki.ai partners with Google Pay to tap into Tier 2 and 3 customers

Payal Ganguly

Ratan Tata-backed artificial intelligence firm Niki.ai has partnered with payment gateway Google Pay to bring onboard Tier 2 and ....

13 March, 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
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Xiaomi launches payments service Mi Pay

Payal Ganguly

Device maker Xiaomi has entered the crowded digital payments space in the country by partnering with ICICI Bank and PayU India. ....

21 December, 2018

RBI lays out guidelines for transactions between different mobile wallets

Reuters

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

16 October, 2018

Explainer: How does the RBI’s data localisation directive impact payments firms?

Payal Ganguly

The Reserve Bank of India’s refusal to extend the deadline for localisation of payments data in India has left global companies ....

16 October, 2018

Flipkart kicks off talks to rope in new investors; PhonePe gets fresh infusion

Binu Paul

Flipkart, the country’s largest e-commerce company, is back on the road to raise fresh capital months after being acquired ....

1 October, 2018
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Now, riders can pay for their Uber trips using Google Pay

Vijayakumar Pitchiah

San Francisco-based cab hailing major Uber’s India operations has now onboarded Google Pay (earlier known as Tez) as one ....

28 September, 2018

Google tweaks privacy policy for payment app after Paytm complaint

Reuters

Google has tweaked the privacy policy of its Indian digital payments mobile application, days after local rival Paytm complained ....

22 September, 2018

Paytm says rival Google Pay may be using customer data for monetary gains

Payal Ganguly

Google Pay, the flagship digital payments platform of the US-headquartered software giant, is facing questions over whether it ....

21 September, 2018

Tez’s new avatar Google Pay enters digital lending, ties up with offline retailers

Anirban Ghoshal

Google India has tied up with four private-sector banks to offer loans through its payments app and is also entering the offline ....

28 August, 2018

Google may rebrand Tez as Pay, to consolidate payments biz in India

Shweta Sharma

Tech giant Google is on the verge of renaming its payments platform in India Tez as ‘Pay’ and will bring it under ....

23 August, 2018