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PhonePe crosses 500 million registered users, alters top deckThe digital payments major has elevated a bunch of its business heads to the position of CEO for each of the business verticals- Mid-sized startups warm up to the idea of M&AsStartups, which have raised angel to Series-B funding, are gradually opening up to M&As, hoping for a quicker and easier exit for both entr...
- Small payment companies look to cash in on digital pay boomA clutch of small payment entities like Trupay and Benow are trying to take retail cash payments digital.
- All banks set to align digital payment solutions under BhimBanks will now display Bhim as a prefix to their own UPI applications in a bid to erase confusion among users.
- Actis's CFO Saurabh Jain to join Startup BuddyJain a qualified Chartered Accountant and a ISB alumni is been credited to be the first non-UK CFO of the Actis group.
- Card payments rise, but average value per transaction declines, general digital payments numbers upWhile card transactions have shown a rise, UPI the poster child of the government’s demonetisation programme has grown leaps and bounds as ...
- Trupay's offline move pays off, transaction value up by 5x nowThe increase in transactions and revenue will also help the company achieve profitability sooner than expected, cofounder Vivek Lohcheb sai...
- Mobile payments app Chillr plans to use UPI for adding more usersCompany, which has tied up with HDFC Bank to access UPI, will allow its customers to make payments across banks, removing earlier restricti...
- Cricket ace Yuvraj Singh’s company YouWeCan Ventures invests in Startup BuddyThe cricketer, who launched his venture fund in 2015, will join the board of Startup Buddy, even as he seeks to expand his engagement with ...
- Boost to Modi government's digitisation drive: Digital payments made through UPI see massive jumpThe growth in UPI-based transactions is driven majorly by the government-promoted BHIM app and non-bank payment apps such as PhonePe and Tr...
- BHIM to be the right platform for small banks to enter payment space"BHIM is a minimum white-label application, beyond which banks can offer additional stacks of experiences unique to our customers or perhap...
- NPCI instructs ICICI to allow UPI transactions on PhonePe immediatelyNational Payments Corporation of India is the umbrella organization for all retail payment systems in India.
- Chillr now looks to cash in on UPI"The biggest advantage with Chillr is that unlike a mobile wallet, money does not move outside the bank account and transfers directly from...
- BJP MPs, ministers to take classes on digital transactionsMinisters will stress the need for Unified Payment Interface (UPI), wallets, SMS banking, etc. Also, available apps to facilitate cashless ...
- Banks, fintech startups opt for partnerships post demonetisation driveThe partnerships have helped the bank improve in parameters such as customer acquisition by 8-10%, Pai said.
- Banks wake up to digital reality, chase small vendorsSince UPI allows direct transfer of funds within bank accounts, it is seen scoring over mobile wallets.
- Fintech companies like BankBazaar promise smarter profits from mutual fundsBankBazaar will use robo-advisory technology, which entails minimal human intervention in financial advice, to help customers invest in the...
- Trupay ties up with PayPal for international paymentsThe company feels that this partnership will allow global reach for even the smallest merchant to sell its goods overseas directly to custo...
- Startups look for heads-'UP'IDigital payment cos which have integrated with UPI are now looking to differentiate offerings.
- Trupay starts offering payments through UPIUPI is a payments platform that was recently launched by the Reserve Bank of India backed National Payments Corporation of India.
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