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PHI COMMERCE
UPI surge stalls NPCI’s other retail payment modesRegulatory data reveals that Immediate Payment System (IMPS), an inter-bank fund transfer mechanism, recorded 368 million transactions in N...
Loyalty takes centre stage in India’s digital payments: ReportLoyalty rewards are becoming a major factor in how Indians pay, especially in sectors like food and ecommerce, says a new report by the fin...
Digital payments power high-value spends across sectors: ReportAccording to a report titled ‘How India Pays’ by fintech firm Phi Commerce, while UPI continues to dominate small and medium-value transact...
Here's how Trump evaluated tariff rates for each country: The formula and Math explainedTrump’s tariff evaluation strategy, backed by a mathematical formula, attempts to address trade imbalances but remains contentious. While p...
What is UPI Credit Line and how UPI users can avail it?How UPI credit line works: The NPCI recently sent a circular to banks about the charges levied on the merchants accepting UPI credit line p...
Prepaid payment instruments can now make payments and deposit cash via UPIThe Reserve Bank of India (RBI) has introduced a new system allowing users to make payments from prepaid payment instruments through third-...
RBI to further strengthen security features of AePS to curb fraudsThe Reserve Bank of India announces plans to bolster security measures for the Aadhaar-enabled payment system (AePS) to combat fraud risks....
RBI to streamline Aadhar-enabled payment system, introduce additional risk management measuresRight now, there is no two factor authentication for Aadhar enabled payments, which is risky and the cause for many frauds. The customer ca...
BharatPe interim CEO details bounce back plans; Hinduja Tech plans minority stake saleIn his first media interview since the Ashneer Grover saga unfolded, BharatPe interim chief executive Nalin Negi details the company’s prof...
Payment solutions provider PhiCommerce raises $10 million in round led by BeenextHero Choudhary, managing partner at Beenext, says the fintech is aiming to replicate its success on a global scale
Paytm, Google Pay, Amazon Pay, PayU, others: Which online payment aggregator is allowed to operate, which isn't? RBI full listThe Reserve Bank of India (RBI) has recently released the status of the payment aggregators (PAs) operating in the country. All stakeholder...
BIAL partners with Kotak Mahindra Bank, Phi Commerce to facilitate one-stop payment solution"The new payment experience will bring all online, in-store, and cash transactions taking place across the airport ecosystem into one singl...
Five in 10 companies have dedicated members managing employee wellness: SurveyOnly 56.6% said they have dedicated members managing their employee wellness - nearly half of the responses came from companies having empl...
Credlix acquires NuPhi, grows supply chain financing business to $100 millionNuPhi is a Singapore based fintech company offering invoice factoring solutions to MSME exporters in India and SouthEast Asia.
A blueprint for consumer business in the new normalThis is a time of deep reflection for the retail sector. Over the next 5–10 years, we expect to see business models emerge keeping in mind ...
Phi Commerce raises $4 million in Series-A funding roundPhi Commerce, a digital payments firm, will use the funding from investors Beenext and Yatra Angel Network to bolster its product offering ...
What does Mukesh Ambani eke out from each of his new investors? Less than $2 a monthThat $20 billion fund-raising spree has already met the refining and petrochemicals czar’s goal of making his flagship Reliance Industries ...
Prime Minister Modi to address 30,000 people at Singapore Fintech festPrime Minister Modi will be in Singapore from November 14 to 15 to attend a series of summits, including the East Asian summit and ASEAN me...
PhiCommerce to enter credit segmentThe company currently provides an e-Cash on delivery payment solution, PayPhi, which offers a cashless payment option to consumers at the t...
Phi Commerce starts QR-based payments systemThe company has also tied up with Mastercard to offer a cash-back feature to incentivise customers into making cashless payments at the tim...