Oct 28, 2020 10:31 AM IST
RBI has prohibited Paytm, Google Pay and other payment firms from using proprietary QR codes. With interoperable QR codes, you can now use one QR code to make payments across merchants
- Oct 25, 2019 12:56 PM IST
Consolidation is unavoidable in India's payments space. Smaller firms like MobiKwik will struggle because India’s digital payments business is still dominated by cashback offers.
- Oct 22, 2019 09:20 AM IST
Walmart has truly unlocked value in PhonePe. But its success as a spin-off solely depends on how much money it manages to raise from investors, including Walmart, and for how long.
- Feb 27, 2019 03:38 PM IST
The cost of physical KYC is very high and cumbersome. The government must permit e-wallets to access CKYCR.
- Feb 11, 2019 10:05 PM IST
Rai said as per projections, digital economy will be 60 percent of the global GDP by 2030.
- Oct 26, 2018 08:45 PM IST
Tune in to find out more about the macro implications of the move to allow e-wallet interoperability, and how life will change for stakeholders such as consumers and digital payment companies.
- Nov 23, 2017 11:28 AM IST
According to the People's Bank of China, Chinese banks dealt with 8.6 billion payments from mobile services in the second quarter of this year, up 40.5 per cent from a year ago.
- Aug 03, 2017 08:40 AM IST
In a BSE filing, Bajaj Finance said it has entered into a subscription agreement with One MobiKwik Systems.
- Jul 27, 2017 09:59 AM IST
The promotional offer will be valid on returned items too and will be applicable beyond Amazon's own platforms too.
- May 13, 2017 04:13 PM IST
Last week, SBI had said it would introduce a new facility through which every withdrawal of cash through ATMs using the bank's mobile wallet would attract a charge of Rs 25. BEFI Tamil Nadu unit General Secretary C P Krishnan said the association wanted SBI to withdraw the plan "forthwith".
- Apr 17, 2017 01:41 PM IST
Mobile wallet company Paytm has now rolled out a ‘food wallet’ on its app to tap the Rs 25,000 crore market. This will compete with traditional meal vouchers and also provide tax-saving opportunities to corporates.
- Mar 29, 2017 06:41 PM IST
AltBalaji, the digital platform of Balalji Telefilms, today said it has tied-up with mobile wallet major MobiKwik for payment wallet integration.
- Mar 08, 2017 07:02 PM IST
The Women's Reservation Bill, that sought to reserve 33 per cent seats in Lok Sabha and state assemblies for women, had been passed by the Rajya Sabha in 2010 but could not be taken up for discussion in the lower house. The bill lapsed after the dissolution of the 15th Lok Sabha in 2014.
- Feb 25, 2017 03:26 PM IST
Driven by the explosive growth of Internet finance, China is now witnessing a boom on mobile payment market which touched a whopping USD 5.5 trillion last year.
- Jan 30, 2017 07:50 AM IST
Also in the offing is notification of forensics labs as registered 'examiners' for electronic evidence. Today, the IT Ministry is the only registered examiner for cybercrime related evidence.
- Jan 13, 2017 03:38 PM IST
Asked about his wishlist for the Budget - to be unveiled on February 1 - Ashwani Kumar, Chairman and Managing Director, Dena Bank told PTI, "We want more tax concessions for customers and shopkeepers who go digital. The incentives can come in the form of income tax, service tax".
- Jan 02, 2017 05:31 PM IST
Govt mulling the creation of a special corpus to fund PoS-based and digital payment systems in rural and remote areas; announcement in Budget 2017-18 likely
- Dec 28, 2016 04:56 PM IST
The government's demonetisation drive has hit almost every sector. But to street vendors, this has been a particular kick in the gut. To mitigate this hit, the government embarked on a drive to train over 400 street vendors from across the country on the use of debit cards and mobile wallets to accept payments.
- Dec 21, 2016 02:52 PM IST
Mobile wallet company MobiKwik, today announced its tie up with Amul to help customers pay digitally at all their retail outlets.
- Dec 07, 2016 09:23 AM IST
The Securities and Exchange Board of India is working on new rules to enable instant credit of funds to investors‘ bank accounts on redemption of a liquid mutual fund, an article in the Mint says.
- Dec 06, 2016 07:44 AM IST
"The partnership will help us expand our footprint and enable merchants and consumers from Tier I & II cities to be part of the digital payments ecosystems," Govind Rajan, Chief Executive Officer, FreeCharge said in a statement.
- Dec 02, 2016 06:13 PM IST
The government‘s demonetisation drive is a three-pronged attempt to target black money, stifle terror funding and pushing citizens to go digital, said Ravi Shankar Prasad, Minister of Information Technology. â€œWe are not stopping cash, demonetisation is only a nudge to go digital,â€ he said.
- Dec 01, 2016 08:54 AM IST
The move assumes importance in the wake of the government's decision to cancel old Rs 500 and 1,000 notes and the scarcity of physical cash that has followed.
- Nov 30, 2016 07:01 PM IST
Traffic police personnel will issue an e-challan against the violator's vehicle registration number. Motorists can then pay using FreeCharge by entering their challan or vehicle number on Mumbai Traffic Police's website.
- Nov 26, 2016 12:42 PM IST
After receiving the approval from National Highways Authority of India (NHAI), Mobikwik's wallet service will soon be live at 391 toll plazas in India, it said in a statement.