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Merchants are prioritising UPI Autopay over cards despite lower success rates, betting on its scale, lower costs and strong user adoption. As recurring payments surge, even partial execution through UPI Autopay delivers more value than higher-success but limited card mandates
The average value of a bill that Cred processes is worth over Rs 14,000 whereas the value of a bill that PhonePe processes is around Rs 3,000.
Electricity, FASTags and loan repayments together account for 70 percent of all bill payments on the BBPS platform by value as well as by volume.
Paytm’s loss of bill payment market share also mirrors the situation the company finds itself in UPI payments as well. The company has lost five percentage points in market share in the last year
BBPS started as an interoperable platform for repetitive bill payments in categories like direct to home (DTH), electricity, gas, telecom and water.
A borrower‘s financial credibility depends on how adeptly he/she manages his money. It is better to ensure a credit score in excess of 750.
Via.com which is a Bangalore-headquartered omnichannel online travel & assisted e-commerce company, announced that it has donated 18 lakhs to the ...
Paytm, India’s largest mobile commerce platform, has achieved yet another significant milestone in its attempt to revolutionize India’s ...
Spice Digital, a leading assisted ...
Mahanagar Telephone Nigam Ltd (MTNL) today said it has tied up with Atom Technologies, a leading provider of m-Commerce solutions, for enabling its customers to make bill payments through mobile or landline phones.
