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PREPAID PAYMENT PREFERENCES
Shopping on credit nearly doubled during Diwali for e-commerce consumers, cash on delivery slumps - GoKwikCredit use doubled this festive season. Credit cards and BNPL options drove this growth for D2C brands on GoKwik's network. Prepaid payment...06 Nov, 2024, 04.25 PM IST- Spurt in travel spurs credit card spends overseasOverseas credit card spending has surged significantly, outpacing increases in prepaid payment instruments (PPIs) and debit cards over the ...27 Aug, 2024, 11.52 AM IST
- Paytm Payments Bank’s wallet business fading fast as restrictions biteRegulatory actions cripple Paytm Payments Bank's mobile wallet business, leading to a significant decline in transactions and value. Compet...30 Apr, 2024, 08.28 AM IST
- Automatic payment limit via UPI raised to Rs 1 lakh: RBIUPI has emerged a preferred mode of payment for a large section of the population with over 11.23 billion transactions recorded in November...12 Dec, 2023, 08.05 PM IST
- 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...21 Jun, 2023, 01.25 PM IST
- D2C brands see orders surge over 40%, improved their prepaid share by 400-1000 basis points - GoKwikAbout half a dozen consumer brands including Neeman, Fablestreet and Boult Audio have seen their orders surge 40-160% after partnering e-co...23 May, 2023, 07.01 PM IST
- Be wise & safe: Switch from UPI to UPI wallet for small paymentsTo begin with, the concept of mobile wallets is similar to physical wallets. You need to put some money in your mobile wallet through top-u...04 May, 2023, 12.42 PM IST
- No charge on normal UPI transactions for customers, says NPCIThe NPCI reportedly said that using prepaid payment instruments (PPIs) - gift cards, wallets, among others - for transactions through UPI w...30 Mar, 2023, 12.08 PM IST
- Account-to-account transfers free on UPI: NPCINPCI recently issued guidelines that allowed prepaid payment Instruments (PPI wallets) to be part of the interoperable UPI ecosystem.30 Mar, 2023, 08.38 AM IST
- India saw 20.5 bn online transactions worth Rs 36 trillion in Q2"UPI P2P accounted for 49 per cent in volume and 67 per cent in value but in terms of merchants' transactions, UPI P2M emerged as the prefe...04 Oct, 2022, 01.20 PM IST
- Cash on delivery still the most preferred payment option - Gokwik reportHowever, the number of transactions through the Unified Payments Interface (UPI) has seen a steady increase over the past one year. Data fr...15 Sep, 2022, 06.55 PM IST
- Yes Bank launches co-branded prepaid card with Neokred for cashless paymentsThe prepaid card will be offered to Neokred's corporate partners across various sectors, including healthcare, financial institutions, NBFC...17 Nov, 2020, 04.05 PM IST
- Paytm Bank partners with Ola & Uber to issue FASTags to one lakh driversFASTag is promoted by the NETC program for making toll payments directly from the customers linked prepaid or savings or current account. P...21 Feb, 2020, 02.21 PM IST
- Here's why mobile wallets may well be the future of retail bankingIf anyone had any doubts about where the future of retail banking is headed, here’s the answer: wallets and similar stuff stored in handset...08 Oct, 2015, 04.00 AM IST
- Now passengers can shop with IRCTC RuPay cardPassengers can do shopping by using the IRCTC RuPay prepaid card as Indian Railway Catering and Tourism Corporation has expanded its range ...18 Aug, 2015, 10.41 PM IST
- Prepaid forex cards best bet for foreign tripsFor those travelling overseas, prepaid forex cards are emerging as a sound option in terms of rates and a hedge against further depreciatio...09 Jul, 2013, 10.26 AM IST
- Indian 3G customers spend $27-43 a month: Ernst & YoungIndian customers using high speed data and voice on 3G are part of the high-value segment for mobile phone cos as they spend up to $43 a mo...12 Oct, 2012, 06.30 PM IST
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