Mobile Wallet Payments Show 11% Growth In April: RBI
Picking up from the negative impact of RBI’s (Reserve Bank of India) full KYC norms, digital payments through the mobile wallet…
Amid Cash Crunch, Mobile Wallets Register Significant Dr...
Despite demonetisation, cash still remains the primary means of payments India, as evident from the cash crunch that is currently…
A Major Setback For Mobile Wallets As SC Extends Aadhaar...
India’s mobile wallet companies are in a complete state of bafflement after the Apex Court, on March 13, 2018, extended…
After PayU, BookMyShow To Shut Down Wallet Service By Fe...
After PayU India, Mumbai-based BookMyShow has decided to discontinue its wallet service, MyWallet, by the end of February. The development…
India Recorded 965 Mn Digital Transactions In October: R...
A lot has been happening in the Indian digital payments space. With the entry of big players like Google, Amazon…
RBI To Allow Interoperability Between Mobile Wallets Wit...
In a move that will make mobile wallet to mobile wallet transactions a reality, the Reserve Bank of India said…
Armed With 100 Mn Users, BSNL Enters Digital Payments Ra...
Indian state-owned telecommunications company Bharat Sanchar Nigam Limited (BSNL) has ventured into the digital payments space by launching a mobile…
Axis Bank In Talks To Acquire Freecharge For $100 Mn
Mumbai-headquartered Axis Bank is reportedly in talks to acquire mobile wallet FreeCharge. A recent report states that the acquisition could…
Paytm Payments Bank Opens Today; To Offer 4% Interest Ra...
“A new star is born!” That’s how Paytm founder Vijay Shekhar Sharma shared the announcement of the opening of Paytm’s…
Amazon Pay Gets $10.5 Mn Push To Fuel Wallet Business In...
Ecommerce giant Amazon has invested further in its wallet business. As per regulatory filings with the Registrar of Companies (ROC),…
Paytm Payments Bank To Debut On May 23, Confirms Vijay S...
Ecommerce and payments platform Paytm has finally geared up to roll out its payments bank on May 23, 2017. The…
Citrus Pay Surrenders Wallet License – Migrates Customer...
Fintech startup Citrus Pay has reportedly surrendered its wallet license as per the Reserve Bank of India’s latest list of…
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