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PHONEPE TRANSACTION DELAY
Curefoods follows Flipkart, PhonePe to delay IPO plan amid choppy marketsCloud kitchen platform Curefoods has postponed its Rs 800 crore IPO plans after Sebi approval, as mutual funds resisted its Rs 4,000 crore ...- UPI processes Rs 29.9 lakh crore in May; transaction volumes hit 23.2 billionDaily average transaction volumes rose to 748 million in May from 745 million in April, reflecting higher adoption of UPI for retail consum...
- Can you use UPI abroad? Here’s what Indian travellers must know about charges, limits and security risksIndian travellers are increasingly using UPI abroad for convenient payments, but understanding its limitations and risks is crucial. While ...
- UPI volumes report 3% dip in April to 22.5 billion transactions after record high numbers in MarchUPI transactions in April saw a minor dip from March but a 25% rise year-on-year. While UPI shows resilience, India's digital payments sect...
- UPI underdogs seek fair play; WhatsApp tightens scam defencesSmaller UPI players will meet NPCI to curb the growth of industry leaders PhonePe, Google Pay and Paytm. This and more in today’s ETtech To...
- PhonePe pauses IPO; Databricks' India ramp-upPhonePe has deferred its IPO citing the Iran war. However, sources tell us pricing of the issue was a key concern. This and more in today's...
- Why Flipkart can't do a PhonePePhonePe and Flipkart, both Walmart-owned, are taking different IPO routes. PhonePe is prioritizing a public listing due to its market leade...
- Stuck UPI payment on PhonePe, Google Pay, Paytm? Possible fraud prevention against flagged mobile numberTo combat financial crime, the Department of Telecommunications has adopted the Financial Fraud Risk Indicator (FRI), disseminated through ...
- PhonePe begins IPO preparations to list in IndiaGiven its revenue growth trajectory and progress towards profitability, the Walmart-backed digital payments major feels this is a good time...
- Paytm shares fall 4% as NPCI extends UPI market share cap deadline to 2026Paytm shares fell 4% to Rs 976.5 after NPCI extended the deadline for UPI providers to meet the 30% market share limit until 2026. This del...
- PhonePe revenue bump; NPCI’s Bhim makeoverDigital payments major PhonePe has reported a 74% jump in revenue for FY24. This and more in today’s ETtech Top 5.
- NPCI to delay payments market cap, helping Walmart-backed PhonePe, Google PayIndia delays market share caps for digital payments, benefiting PhonePe and Google Pay. NPCI extends UPI market share cap deadline. PhonePe...
- Dunzo’s survival hinges on Reliance; Q&A with Instacart founder Apoorva MehtaReliance Retail, which is an investor in Dunzo, is yet to sign off on a much-needed capital infusion in the cash-strapped company. All abou...
- Online gaming to attract investment after tax policy; Freshworks posts first adjusted operating profitFinance Minister Nirmala Sitharaman said the GST Council is currently discussing a taxation policy for online gaming, adding that the secto...
- NPCI pings govt, industry on UPI market share capThis follows a formal request from digital payments firm PhonePe to defer the January 2023 deadline by at least three years, they said. Goo...
- It Pe/Pays to no more delay interventionMarket shares in the digital payments game are gained through network effects, and cashbacks. The pool, thus, narrows down to a handful of ...
- Exclusive: UPI apps may get more time to adhere to 30% cap on market shareIn a recent letter to the Reserve Bank of India, the nodal agency has suggested that payment apps be allowed an additional two years to cap...
- Walmart not keen to open retail stores in India; to focus on Flipkart, PhonePe"We've got an omnichannel strategy that includes both of those components. And when you have both components, the customer experience can b...
- WhatsApp Pay doubles its UPI transactions volume month-on-monthWhatsApp Pay processed 0.81 million UPI transactions worth Rs 29.72 crore, an over 100% increase in both volume and value compared to Novem...
- Google, Walmart hit by India's move to limit some digital payments playersGoogle's criticism came after India's flagship payments processor the National Payments Corp of India (NPCI) on Thursday said third-party p...
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