Digital transaction volumes up by 51%: Ravi Shankar Prasad
Government is taking a series of steps to promote digital payments, he said adding the total digital transactions in volume terms stood at 3,133.58 crore during 2018-19, up 51.35 per cent.
Payments, food delivery apps launch games to woo users
Paytm has found that more than 70% of its users play these games daily.
Google may rename Tez as Pay & bring UPI to store
This could potentially open the Unified Payments Interface (UPI) as a mode of payment for app purchases on Google Play Store, which experts say is a huge use case waiting to be tapped.
Awarding Ratna display of cheap thrill: Tez Hazarika
Citizenship bill to hit integrity and unity of secular and democratic India, says Tez Hazarika
Miracle of Omaha: Valuation of Paytm owner may hit $16 billion
Post Berkshire deal, talks with US and Chinese investors for secondary sale gather pace.
Top VCs cut big cheques for idea stage startups
Investors like Sequoia, Matrix & Lightspeed eye Series-A deals from seasoned founders, executives.
Xiaomi launches Google Tez-powered payment service
Users can now make cashless transactions on both Mi.com and the Mi Store app as Google Tez payments service operates atop the Unified Payments Interface (UPI).
Google Pay now has 25m monthly active users
Google, which recently rebranded its payment offering from Tez to Google Pay, has 25 million monthly active users who have collectively carried out about 860 million transactions over the past year.
Google pay app Tez to add ‘tap n pay’ option
Tez has already added 90 billers, including most of the major utility and financial service firms.
SBI, Google Tez to focus on digital payments for its customers
The two will focus on building unique propositions for users and merchants including specially curated offers.
UPI transactions fall 4% on round tripping curbs, PhonePe takes the top spot from Paytm
“As per our understanding single account transactions were as high as 15 to 20% of total UPI payments and NPCI has cleared out all those numbers while reporting the July figure,” said a senior banker in the know of the matter.
Google targets small merchants, stores to push payment arm Tez
Tez, which had initially picked up strongly through peer-to-peer transactions is now slowly getting adopted for various other use cases as well.
UPI shows consistent growth in June
As per data shared by the NPCI, which launched UPI in December 2016, the instant bank-to-bank fund settlement mechanism clocked 246.3 million transactions in June compared with 189.4 million in May.
Now, Mobikwik takes a swipe at ‘unfair’ UPI
In a blog post published by chief executive Bipin Preet Singh, Mobikwik raised its voice against a government-sponsored cashback-scheme on the BHIM-UPI application.
Battling multiple fronts: Mobikwik is walking a tightrope
As the hyper-competitive digital payments market zooms in India, homegrown payments app Mobikwik faces a tough challenge to balance growth and profitability.
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