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ETtech Explainer: Why digital payments firms are shutting out third party routersIndia’s digital payments industry is split between two camps: one group of players, such as Razorpay, Cashfree, and PhonePe, which has take...- Flipkart expands bill payment suite in partnership with BillDeskUsers now have access to services like Fastag and DTH recharge, landline, broadband bill payments and mobile phone bill payments on the Fli...
- Prosus agrees to sell part of PayU to Rapyd for $610 millionProsus NV plans to sell part of its emerging-markets financial technology company PayU to Israel’s Rapyd for $610 million.
- Reward points and freebies push credit card spends to record levelsAverage monthly spending through credit cards has doubled in three years from Rs 60,000 crore a month in FY'19-20 to Rs 1.2 lakh crore a mo...
- Unicorns face a funding crunch; CCI clears PayU-BillDesk deal; and IT firms boost campus hiringBengaluru-based Acko had signed a term sheet with PayU, owned by Prosus, but the South African conglomerate decided not to go ahead with th...
- CCI seeks more info to clear mega PayU-BillDesk deal“CCI has not questioned the merits of the proposed transaction, but requested for additional information, as of now,” said a one person dir...
- Pine Labs launches payment gateway platform PluralPlural will target partnerships with large digital merchants, financial institutions, as well as payments collected by various government o...
- Wall St boutique PJT Partners joins Indian M&A sweepstakes with PayU-BillDesk dealThe six-year-old firm had roped in former Citi India CEO Pramit Jhaveri as senior advisor to help grow base.
- Prosus to pay $4.7B for BillDeskProsus Ventures is set to buy BillDesk, one of India’s oldest digital payment firms, for a cool $4.7 billion in what will be one of the acq...
- India’s $1 trillion digital loan market is the new battleground for Facebook and XiaomiFacebook this month said India would be the first country where it rolls out its small business loan program offering loans via a partner t...
- Razorpay-Mastercard's Mandate HQ to aid banksPlatform to help banks with recurring payments
- J.P. Morgan ties up with BillDesk for online payments partnershipThrough this partnership, J.P. Morgan’s clients in India will be able to independently initiate statutory and utility payments online with ...
- Scoop: Amazon-ICICI Bank-Axis Bank ready with NUE plan to rival UPIAlong with ICICI Bank and Axis Bank, Amazon has also partnered with fintech startups Pine Labs and BillDesk to set a 'New Umbrella Entity' ...
- CCAvenue collaborates with Riyad Bank to make inroads into Saudi Arabia's digital payment spaceIn collaboration with Riyad Bank the company will expand its payment platform in Saudi Arabia at a time when there is an upsurge in the cou...
- You may soon be able to book your flight tickets, order food on AmazonAmazon may soon start selling airline tickets and allow food orders via its platform.
- Visa may invest in BillDesk, valuing co at $1.5-2 billionFor Visa, an investment in BillDesk would help the American firm cement its position in the payments ecosystem in India.
- Incentives don’t build true customers: Caesar Sengupta, Vice president, Next Billion Users, GoogleAudio QR is a new technology. We have used audio for pairing across products like Chromecast, which uses it for setup, said Caesar Sengupta.
- BharatQR launched by Visa, Billdesk across 50 utility service providersThis partnership would enable a major shift towards pushing of bill payments into digital mode especially through QR codes and also give a ...
- ItzCash gets RBI nod for Bharat Bill Payments SystemIt would help enable individuals to pay all kinds of bills such as water, electricity, telephone at any of the retail outlets of the Bharat...
- Kotak Investment Bank and Citi Investment Bank to lead Dr Lal PathLabs IPODr Lal PathLabs has mandated investment banks Kotak Investment Bank and Citi Investment Bank to lead its initial public offering.
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