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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- 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.
- Story behind surge in UPI transactions and what can make it truly transformationalIn 15 months, transactions on UPI— among India’s latest digital payment platforms— raced to 105 mn in November from 92,000 in August 2016, ...
- 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.
- YES Bank's bet on UPI platform pays off, on course to topple BHIMYES Bank has been driving a large part of its UPI volumes through its partnership with Flipkart-owned PhonePe, which accounts for about 75%...
- YES Bank’s bet on UPI platform helps it make space in digital payments ecosystemAccording to reports, the Rana Kapoor-led bank has spent about Rs 1.5 crore on the technology and infrastructure setup for the platform.
- 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...
- 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...
- 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.
- ICICI Bank blocks payments for its customers on Flipkart’s wallet PhonePeICICI Bank cites restrictive practices and security concerns as reasons for blocking payments for its customers on Flipkart’s wallet and pa...
- 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 ...
- Startups look for heads-'UP'IDigital payment cos which have integrated with UPI are now looking to differentiate offerings.
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