Oct 06, 2022 07:59 PM ISTThis amount stood at $2.2 billion as of January 31, 2022, according to the annual report by Walmart filed in earlier March.
Oct 03, 2022 06:56 PM IST Our specially curated package of the most interesting articles to help you stay at the top of your game
Oct 03, 2022 03:45 PM IST The Walmart-owned company said that the process was completed in three steps, following which all PhonePe Group businesses and entities are now wholly owned by and consolidated under PhonePe Pvt Ltd (India).
Sep 28, 2022 07:57 PM IST Catch Karthik Raghupathy, Head of Strategy and Investor Relations, PhonePe in conversation with Vivek Lohcheb, Vice President, Offline Business Development, PhonePe, as they Deep Dive Into The Merchant Digitisation Journey
Sep 28, 2022 07:25 PM IST Catch Karthik Raghupathy, Head of Strategy and Investor Relations, PhonePe in conversation with Vivek Lohcheb, Vice President, Offline Business Development, PhonePe, as they Deep Dive Into The Merchant Digitisation Journey
Sep 26, 2022 09:53 AM IST Global Fintech Fest held in Mumbai last week gave fintechs the much-needed adrenaline shot as they battle slowdown and regulatory squeeze and provided a platform to showcase why their growth is crucial to change India’s financial landscape.
Sep 22, 2022 07:11 PM IST Our specially curated package of the most interesting articles to help you stay at the top of your game
Sep 22, 2022 05:37 PM IST Nigam pointed out that when payment modes are made free of cost there is an underlying assumption that companies involved in these businesses will have alternate sources of revenue. However, that may be possible for banks, but not startups, he added.
Sep 09, 2022 07:35 PM IST Catch Karthik Raghupathy, Head of Strategy and Investor Relations, PhonePe in conversation with Hemant Gala, VP- Payments & Financial Services, PhonePe, as they discuss The Changing Landscape Of Financial Services In India.
Sep 08, 2022 06:14 PM IST PhonePe said it started processing token-based transactions as early as April 2022, and currently processes almost all eligible transactions through tokens.
Sep 07, 2022 02:56 PM IST While the National Payments Council of India had mandated a cap on onboarding of new users by UPI players with more than 30 percent market share, that has not been implemented yet.
Sep 05, 2022 08:43 AM IST The company may target large offline players to offer its payment gateway services. Besides, the foray will also enable in-app purchases for PhonePe, reducing its dependence on external payment gateways.
Aug 22, 2022 11:17 AM IST Vishwas Patel, who is also the executive director of omnichannel payments provider Infibeam Avenues, was responding to the Finance Ministry's tweet which said that there is no consideration to levy any charges on UPI transactions.
Aug 16, 2022 02:31 PM IST In its fifth acquisition in less than four years, Razorpay picks up an 80 percent stake in Ezetap Solutions Pte Ltd, the parent entity of Ezetap Solutions Pvt Ltd, which will see it go up against Pine Labs, MSwipe and BharatPe among others
Aug 09, 2022 02:25 PM IST In June, WhatsApp had registered a six-fold jump in transactions at 23.04 million as against 3.48 million in recorded May, after it introduced a cashback offer to attract users
Aug 04, 2022 02:39 PM IST The report comes a day after Moneycontrol reported that Paytm's Soundbox, which announces receipt of payments for shopkeepers, is seeing tough competition from rival PhonePe.
Aug 03, 2022 07:28 AM IST Fintech unicorns have discovered that the offline merchant has to be first won over with a speaker that announces the payment has been received
Aug 02, 2022 08:37 PM IST The participation of major PSU banks is key to the success of AA’s framework as it will open a window for a huge pool of the banks’ customers to use the framework and allow easy access to financial services
Aug 01, 2022 05:53 PM IST A Paytm spokesperson said that the employees involved in the burning of the QR codes have been suspended by the company, pending investigation.
Jul 29, 2022 12:15 PM IST The closure of the deal comes after a long-winding legal wrangle between PhonePe and IndusOS shareholders Affle and Ventureast Fund on the valuation of IndusOS.
Jul 20, 2022 10:27 PM IST Flipkart, the largest shareholder of the firm, will continue to remain headquartered in Singapore and there is no decision to shift its base.
Jul 11, 2022 08:34 AM IST Adding PayTM, the share of the top-three players rose even further to 96 per cent.
Jul 07, 2022 05:40 PM IST The Meta-owned company still has a minuscule share in overall UPI payments and makes up only 0.39 percent of transactions in the month
Jul 07, 2022 10:19 AM IST The in-principal nod for the Account Aggregator license was received through Setu's subsidiary Agya Technologies.
Jun 24, 2022 08:18 PM IST PhonePe reported a consolidated net loss of Rs 1,728 crore for FY21, against a consolidated loss of Rs 1,771 crore a year earlier.
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