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Meta makes a $900 million super-app move in IndiaCred founder Kunal Shah, a philosophy graduate, built his platform on exclusivity for high credit scorers, now processing over 40% of India...
Mother's Day Special: How AI, apps are empowering women to manage finances, improve health, build careerWomen are learning to keep pace with the ubiquitous apps and AI, shrugging off dependence on their kids for financial transactions, online ...
PhonePe takes its diversification to Dalal StreetPayments still power scale. But its updated draft red herring prospectus (UDRHP) shows that PhonePe’s monetisation story lies elsewhere.
Amazon Pay India FY25 revenue drops 9% to Rs 2,096 crore; losses down at Rs 865 croreFor the digital payments arm of ecommerce giant Amazon, total expenses fell to Rs 3,060 crore in FY25 from Rs 3,280 crore in the previous f...
NPCI raises UPI transaction limit to Rs 5 lakh for high-value paymentsThe relaxed transaction limit will apply to categories, including insurance, travel, jewellery, and credit card bill payments, among others.
20 UPI Rupay credit cards to earn cashback, rewards, airport lounge access from everyday paymentsUPI RuPay credit cards provide a way to earn rewards. Several banks offer these cards with UPI convenience. Users can get cashback and rewa...
Amazon infuses Rs 350 crore into India payments business amid growing competitionThe move comes as rival Flipkart’s fintech app, Super.money, is actively seeking fresh funding. On January 13, ET reported that Flipkart is...
PhonePe introduces device tokenisation for debit, credit card paymentsPhonePe has introduced a device tokenisation solution for credit and debit cards, enhancing security and simplifying the transaction proces...
Mahakumbh: PhonePe, ICICI launch Rs 59 insurance plan for train and bus travellers, Rs 99 for flights; Check how to availPhonePe, in collaboration with ICICI Lombard, launches two insurance coverage plans for Maha Kumbh Mela travelers, offering comprehensive c...
Amazon Pay India reports Rs 2,286 crore revenue for FY24, cuts losses by 39%Total expenses for the Bengaluru-based firm fell to Rs 3,280 crore in FY24 from Rs 3,635 crore a year earlier, with employee benefit expens...
Amazon India may launch another app in India. Know moreAmazon explored launching a separate app for its digital payments service, Amazon Pay, in India. The shift aimed to enhance visibility and ...
Amazon tops up India payments business with Rs 600 croreAmazon Pay India intensified competition with Paytm, PhonePe, and Google Pay, receiving a capital infusion of Rs 600 crore. The company inv...
Upstox enters insurance distribution businessHDFC Life is among the first insurers to partner with Mumbai-based Upstox, featuring its term insurance plans on the platform
India's MakeMyTrip, PolicyBazaar warn RBI of fintech hit after Paytm crackdown: LetterIndia's MakeMyTrip and PolicyBazaar have expressed concerns to the central bank about the impact of its crackdown on Paytm, a digital payme...
Govt may land $1 billion in taxes from PhonePe’s India shift, new raiseThis is due a long-term capital gains tax payout that will be made to the government as PhonePe is raising fresh capital from investors at ...
PhonePe separation official; online payments firm to be India-domiciled nowHive-off comes on the back of PhonePe’s funding round of $1.5-2 billion at a valuation of $12 billion
PhonePe claims one in four Indians now uses its appPhonePe says registered user base has grown 28% over the past 12 months—from 273 million in January 2021 to 350 million in December 2021.
Will Jack Ma's disappearance break Vijay Shekhar Sharma's back?With other strategic backers like Softbank fussing over profitability after Vision Fund’s missteps it’s time for Sharma to figure out what ...
How PhonePe's coronavirus insurance policy worksThis coronavirus insurance policy is priced at just Rs 156 with an insurance cover of Rs 50,000 for a person aged under 55 years and the co...
As WhatsApp Pay debut looms, rivals add more storefronts to keep upPhonePe's Switch & Google Pay's Spot are exploring alternative monetisation route to beat WhatsApp.