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NPCI addresses UPI outage, says 'system stabilised' nowDigital payment platforms, including GooglePay and PhonePe, faced technical glitches, leaving users in trouble.- UPI outage hits India, NPCI confirms technical glitch now resolvedIndia's UPI system experienced a significant disruption on Wednesday evening, affecting platforms like Google Pay and PhonePe. Users report...
- Cred joins RBI's digital currency project; first fintech to give access to CBDCCred becomes the first fintech platform in India to offer access to the e-rupee, a digital currency launched by the Reserve Bank of India. ...
- Google, Amazon, Walmart-owned PhonePe seek to join RBI's digital currency project: SourcesIndian payment firms GooglePay, PhonePe, AmazonPay, and Indian fintech firm Cred are among five companies reportedly seeking to join the Re...
- BHIM looks to bulk up with ONDC to take on digital payment heavyweightsNPCI-built app to foray into ecommerce space via separate division. Despite marketing challenges, BHIM aims to improve user experience thro...
- Paytm merchants migrate to rivals, bank users move accountsPhonePe, Google Pay see surge in inbound requests for QR codes and Smart Speakers, offer support.
- UPI crosses 10 billion transactions in September for second straight monthIn terms of the total value of funds settled, UPI recorded Rs 15.80 lakh crore in September, slightly more than the Rs 15.76 lakh crore rec...
- Online job scam: Enforcement Directorate freezes 80 bank accounts with Chinese linksAccording to the agency, 16 locations of the banks and payment gateways, including Phonepay, Paytm, Googlepay, Amazonpay etc. and few banks...
- Clear appoints former Google India, Flipkart executive Saran Chatterjee as chief product officerIn his new role, Chatterjee will spearhead product management, design, and product marketing for the firm.
- Tatas to join the UPI payment club with own appThe storied salt-to-steel conglomerate is seeking clearance from National Payments Corporation of India to start operating on the Unified P...
- Google-backed DotPe onboards 55,000 merchants in 20 daysWith a 48% of signups from retail businesses in tier 3 cities, 18% from tier 2 cities, and 34% from tier 1 cities, DotPe is helping these b...
- Banking on digital: Fintech faces strong barriers as it ventures out of manicured urban landscapesThe wavering internet connection, with frequent time-outs and pocket drops, doesn’t inspire a lot of faith and confidence amongst the consu...
- Paytm to hire over 20,000 sales executives ahead of IPOThe new recruits will have an earning potential of around 35,000 every month and will be used to promote Paytm’s entire portfolio including...
- Flexiloans partners with GooglePay to provide digital loans to SMEsFlexiLoans is aiming at disbursing loans to over 50,000 small businesses in the next 12 months from this collaboration.
- View: Why is BJP not bristling at what Facebook’s Ankhi Das has to say about BJP leaders and the BJP government?Facebook has steadfastly refused to accept the responsibility for content that a publisher, such as a mainstream news organisation or a new...
- MobiKwik launches personal UPI payment link mpay.meWith mpay.me users will be able to generate their own mini personal payment gateways using their phone numbers and share it with anyone ove...
- Tap or scan: This startup wants to make your bus ride safe with contactless ticketingZero physical contact with the conductor, and tracking and monitoring of the passengers, Chalo Card has found a way for safe travel in publ...
- Payment firms seek action against lax lenders, telcosPayment companies are seeking regulatory intervention against alleged inefficiency at banks.
- GooglePay looks to bring kirana store customers on its platformGoogle’s plans are similar to the offline strategy of PhonePe, which is using MapMyIndia to target offline stores and promote UPI payments.
- Unified Payments Interface clocks 674 million transactions in February, continues growth momentumFebruary with 28 days has still managed to report a more than 10.9% average daily transaction growth, said NPCI.
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