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DIRECT MERCHANT CHECKOUTS
Old shopping funnel is gone: Gen Z is rewriting rules of retailGen Z is rapidly reshaping India’s online retail market, forcing brands and platforms to rethink traditional marketing strategies. Nearly h...- Rewiring payments for the AI era: Inside PayU’s transformation playPayU is ramping up its AI-led payments push, building infrastructure for agentic commerce as UPI volumes surge and digital transactions sca...
- Inside AI-led digital storefronts; Lalit Keshre’s big ET Awards winHappy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’s ETtech Morning Dispatch.
- Platforms, brands accelerate agentic commerce push as fintechs plug payment gapsIndian ecommerce giants like Flipkart and Bigbasket are building AI storefronts to enable agentic commerce, allowing AI to shop autonomousl...
- Pine Labs acquires ecommerce enabler Shopflo for Rs 88 croreDigital payments major Pine Labs has acquired ecommerce enabler Shopflo Technologies for Rs 88 crore, aiming to strengthen its online merch...
- PhonePe adds ‘Bolt’ for faster, safer Visa, Mastercard paymentsPhonePe Payment Gateway has introduced 'PhonePe PG Bolt' for Visa and Mastercard card transactions. This new feature uses device tokenizati...
- ET Explainer: OpenAI’s direct shopping via ChatGPT puts ecomm on noticeOpenAI has launched “Instant Checkout” in ChatGPT, letting US users complete purchases directly in-app, starting with Etsy and soon Shopify...
- Online preventive health check-ups set to grow 50% in January-March tax saving season: SimplStarting January, millions of salaried employees across India make their investment and expense declarations to save on taxes.
- Payments firm Cashfree posts 75% jump in FY23 revenue, losses bloat to Rs 133 croreTotal expenses for Cashfree more than doubled to Rs 750 crore during the year, mainly on account of employee costs jumping to Rs 198 crore ...
- Swiggy integrates Simpl’s one-tap checkout featureThe partnership comes ahead of the year-end holiday season when demand for Swiggy’s on-demand services increases multifold, particularly du...
- Simpl to expand operations, leases 50,000 sq ft office space in BengaluruThe new facility has more than 500 workstations and nearly 30 small, medium and large meeting cum conference halls, offering a premium work...
- GoKwik partners with Cred to drive higher conversions for D2C brandsThis tie-up marks a step towards enhancing the online shopping experience and enabling trust for D2C merchants on the GoKwik checkout platf...
- Paytm launches UPI SDK to enable customers pay directly within the merchant appPaytm's UPI SDK is part of the existing UPI acquiring arrangement between Paytm Payments Services Ltd. and Paytm Payments Bank, under which...
- Cashfree Payments acquires Zecpe in latest acquisitionThe latest acquisition is expected to help Cashfree enhance its offerings for direct-to-consumer (D2C) brands as it looks to help businesse...
- Tokenisation: Is there a limit on number of cards that can be tokenised?RBI has directed the payment aggregators, wallets and online merchants (entities in card transaction/payment chain other than card issuers/...
- Fintech unicorn Slice wants to diversify beyond its credit card offeringAlong with diversification into UPI, Slice will also push direct merchant checkouts as well as NFC- based payments ( contactless payments) ...
- Tiger Global goes seed-stage, invests in ecommerce enablement startup Shopflo’s $2.6 million roundWith this Shopflo becomes one of the only Indian startups at a pre-product stage, which has received seed funding from Tiger Global. While ...
- Exclusive: RBI against dropping card data storage clause in new rulesNew norms will prohibit merchants from storing card details and payment operators from offering one-click checkout service.
- Fintech startup EarlySalary buys CashCare to growEarlySalary, which is in the business of short-term loans for young people without any borrowing history, is planning to expand into the co...
- Google's `half-baked' Paypal rival's outAfter months of speculations and leaked screenshots, Checkout, Google's rival to eBay's well-entrenched online payment system Paypal, has f...
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