E-payments

PhonePe reaches settlement with Affle Global to acquire Indus OS

The acquisition was closed after a months-long legal dispute between PhonePe and AGPL and Ventureast Fund on the valuation of IndusOS, which is alternatively called OSLabs.

Newsmakers: Meet BillDesk founders MN Srinivasu, A Kaushal & K Ganapathy

In a span of a day M N Srinivasu (Vasu), Ajay Kaushal and Karthik Ganapathy have become the latest demi-gods of Indian entrepreneurial story

New e-payment norms likely to block auto-subscriber route: Experts

Avoid exposing your data; use a virtual card instead

Bajaj Finance net down 30% to Rs 1,049 crore, forays into e-payments

With this app, Bajaj Finance will make an entry into the digital payments space

RBI hikes contactless card transaction limit to Rs 5000 to boost e-payments

Experts said it is a step in the right direction by the RBI and people have been asking it to enhance the limit.

66 billion transactions to shift to cards, e-payments by 2023: Report

The report is based on a survey of 120 payments executives at banks globally regarding the transformation of their payments business

Spurred by Amazon, supermarkets try swapping cashiers for cameras

Several grocers are testing cashierless stores with cameras that track what shoppers pick, so they pay by simply walking out the door

Metro Cash & Carry pips Amazon, Walmart in profitability, revenue growth

Metro, which had opened its first store in the country 15 years ago, zoomed past rivals like Walmart and Amazon Wholesale by turning profitable for the first time in 2018-19.

Paying your income tax may soon become as easy as swiping a card at a shop

UPI is an instant, real-time payment instrument developed by the National Payments Corporation of India

Google, Walmart drive UPI payments past 1-billion transaction mark in Oct

Amazon and Google now vie with local start-up Paytm, Walmart-PhonePe and a host of other players in a digital payments market forecast to quintuple to $1 trillion by 2023.

Payments data must be stored in systems located in India, says RBI

The clarification has come a week after the government said the RBI would examine concerns around its strict data-localisation guidelines

Value of e-payments down in July, from June

The total value of these payments was Rs 1,96,91,189 crore, a five per cent dip

Mobile wallets, traders setting up camps to train people in e-payments

To spend Rs 150 cr in six months to organise awareness programmes, media campaigns