As part of its tie-up, Intex will also launch a white labelled retailer portal, wherein Intex retailers will be able to offer retail-assist...

A semi-closed wallet is a payment instrument that is accepted by a predefined set of merchants that have been contracted specifically by th...

Money transfer firm Transcorp International Ltd today said it has received in-principle approval from the RBI.

Amazon plans to launch the digital wallet by mid-year but much will depend on RBI’s nod, a person who familiar with the matter said

Semi-closed e-wallets are used to make online payments for goods and services at select merchant locations.

Snapdeal-owned online recharge payments platform Freecharge has launched a digital wallet, taking on rivals Paytm and Flipkart in the mobil...

At present, consumers can pay for Uber trips via Paytm wallet. It recently tied up with Airtel Money to facilitate payments via the latter'...

World's second-largest telco Vodafone that has been running m-pesa services since April 2013 in India.

Companies such as Mobikwik, Oxigen, Citrus and Paytm are seeking to make merchants buy into the idea of tying up customer loyalty programme...

The mobile wallet also does away with the possibility of arguments over getting the balance amount back from the cab driver.

Paytm has added a facility to its digital wallet that allows users to transfer money between them, and integrated its wallet with MakeMyTri...

Uber is in talks with firms providing digital wallets and payment gateways in India as it looks to become compliant with local regulations.

Bharti Airtel launches mobile wallet service in Delhi NCR, after pilots in Gurgaon and Chennai

The central bank has also decided to treat semi-closed mobile wallet on par with the other semi-closed prepaid instruments.

The recent launch of semi-closed mobile wallets promise to ease cashless payments and open up new business opportunities.

Bharti Airtel on Monday launched its 'airtel money' service, which will allow its subscribers to pay for groceries, bills and other dues th...

All leading mobile phone companies are also slated to get the 'semi-closed wallet' licence from RBI over the next couple of months.