PAYMENTS PLATFORM
Airtel Africa dials Mastercard for strategic payment playBoth companies joined hands last September with Samsung and Asante Financial Services Group to launch a pay-on-demand payments platform to ...
- Parler CEO says social media app may 'never' return
John Matze, however, later added that he is an optimist and Parler will be stronger when it comes back.
- Tech Mahindra signs agreement with FIS, to acquire captive unit in Asia
As part of the agreement, Tech Mahindra will buy FIS subsidiary Payments Technology Services for $9 million.
- Conservative social media platform Parler sues Amazon over web shutdown
The suit comes amid a wave of action by online giants blocking access to President Donald Trump's supporters in the wake of last week's US ...
- Venkatramu takes charge as MD, CEO of India Post Payments Bank
Venkatramu has over two decades of experience across various domains in the banking sector. His expertise is in products, business manageme...
- No charges on transaction through UPI: NPCI
Reports that UPI transactions will be charged from January 1, 2021 are incorrect, NPCI said in a statement.
- China asks all internet platforms to investigate fintech operations
China's Banking and Insurance Regulatory Commission (CBIRC) urged platforms conducting online micro-lending, insurance, wealth management a...
- Digital payments battle costs companies $900 million in loss
The large losses of the consumer-focused payments companies is similar to what’s been happening in the e-commerce space with Walmart-owned ...
- China orders Ant Group to return to online payment roots
China's central bank summoned Ant executives over the weekend and demanded the company "strictly rectify" its lending, insurance and wealth...
- Over a third fintech borrowers miss payment deadline
Recent bounce rates reflect growing stress among mid-and lower-income borrowers.
- WhatsApp to rollout insurance and pension products on its platform in India soon
WhatsApp is set to expand its ambit of services to finance, commerce, education and social welfare in 2021.
- RBI to set digital payment security control rules
The Reserve Bank of India (RBI) will issue guidelines on ensuring that digital transactions such as card payments, mobile wallets, UPI, mob...
- Paytm Money launches IPO investments for retail investors
The company is leveraging the convenience of UPI infrastructure to offer a faster turnaround time reduced to 3-4 days for completion of the...
- Supreme Court to hear on November 23 plea for regulation to ensure UPI platform data not exploited
On October 15, the apex court had sought responses from the Centre, Reserve Bank of India (RBI), National Payments Corporation of India (NP...
- About 60% of spends on etail platforms via digital modes
Cash on Delivery (COD) has traditionally constituted as much as 70% of all e-commerce transactions.
- 50-60% of spends on E-commerce platforms via digital modes
CoD has traditionally constituted as much as 70% of all e-commerce transactions. During the early days of the pandemic, CoD transactions fe...
- Jio Platforms, WhatsApp won't share user data
Jio Platforms and WhatsApp will not share their user data except to the extent required to enable transactions between ecommerce platform J...
- Infibeam Avenues hits 5% upper circuit limit on deal with Jio
“We hereby inform that the company has entered into a definitive agreement with Jio Platforms Limited and its affiliates, to license, custo...
- Infibeam Avenues signs deal to license ecommerce and payment software to Jio Platforms
The company’s platform allows enterprises to transact online, manage orders, inventory and logistics, process digital payments and manage o...
MORE NEWS
