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Discover all the payments and fintech-related news and analysis about India in The Paypers News, Reports, along with other India-specific insights on the payments and fintech industry:

Discover all the payments and fintech-related news and analysis about India in The Paypers News, Reports, along with other

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Sebi approves Paytm UPI handle for IPO applications

News | Payments General | 16 Mar 2021

Securities and Exchange Board of India (Sebi) has approved IPO application requests via Paytm UPI handle.

Paytm, IPO, UPI, online payments

Rapyd powers payments on J L Stream – the India-based social live streaming app

News | Mobile Payments | 17 Mar 2021

Rapyd has partnered with J L Stream (Jaldi Live), the new 'Made in India' social live streaming app, to provide a complete payment solution to J L Stream users globally.

Rapyd, social commerce, e-wallet, mobile payments

India-based digital wallet company MobiKwik plans IPO by September 2021

News | Mobile Payments | 23 Mar 2021

MobiKwik, the India-based digital wallet and payments startup, has announced plans for an initial public offering before September 2021.

MobiKwik, IPO, funding, e-wallet, mobile payments

India-based beauty ecommerce company Purplle raises USD 45 mln

News | Ecommerce | 23 Mar 2021

Purplle, an India-based ecommerce platform for beauty products has raised USD 45 million in a new financing round as it looks to expand its presence in the world’s second largest internet market.

funding, ecommerce, online shopping

Cashfree empowers AutoPe Smart Cards to facilitate payments for Delhi Metro commuters

News | Cards | 25 Mar 2021

Cashfree has enabled standing instructions on credit cards for AutoPe, to facilitate payments for Delhi Metro commuters.

Cashfree, partnership, recurring payments, credit card

Indian Overseas Bank introduces savings account for millennials

News | Online & Mobile Banking | 25 Mar 2021

Indian Overseas Bank (IOB) has launched ‘IOB Trendy’, a savings account customised for the millennial population in the country.

product launch, transactions , debit card, online banking, banks

Niyo, Equitas Small Finance Bank, and Visa launch mobile banking app

News | Online & Mobile Banking | 29 Mar 2021

India-based fintech Niyo has launched a mobile-first digital banking solution, NiyoX, in partnership with Equitas Small Finance Bank and Visa.

digital banking, mobile banking, debit card, partnership, product launch

Wakefit.co, Cashfree partner to offer instant refunds and online payment options to customers

News | Online Payments | 30 Mar 2021

Cashfree has partnered with India-based D2C sleep and home solutions startup Wakefit.co to facilitate payments and instant refunds for customers.

Cashfree, partnership, refund, payout, online payments

Amazon acquires Indian startup Perpule

News | Ecommerce | 31 Mar 2021

Amazon has acquired Perpule, an India-based startup that is helping offline stores go online.

Amazon, ecommerce

Mastercard cardholders to benefit from SBI Card Pay feature

News | Cards | 01 Apr 2021

SBI Card Pay, a payment feature that allows customers to create a virtual version of their physical SBI Credit Card on their mobile phones, has launched on Mastercard' platform.

Mastercard, product launch, virtual card, contactless payments

MobiKwik suffers major data breach

News | Digital Identity, Security & Online Fraud | 01 Apr 2021

India-based mobile payments service MobiKwik has suffered a data breach.

MobiKwik, data breaches, dark web, cybercrime

Reserve Bank of India extends timeline for processing of recurring online transactions

News | Online Payments | 01 Apr 2021

The Reserve Bank of India (RBI) has extended the timeline for banks and other institutions to migrate to the framework for processing of e-mandates on recurring online transactions.

Reserve Bank of India, recurring payments, online payments

Meesho raises USD 300 mln in Series E funding round

News | Ecommerce | 05 Apr 2021

India-based social commerce startup Meesho announced that it has raised USD 300 million in a Series E funding round.

Meesho, funding, ecommerce

OnePlus Pay plans to launch in India

News | Mobile Payments | 05 Apr 2021

The NFC-based OnePlus Pay mobile payments service has announced plans to launch in India.

product launch, e-wallet, mobile payments

Flipkart' Best Price boosts safety and savings for small kiranas with ecommerce offerings

News | Ecommerce | 07 Apr 2021

Flipkart has kick started ‘Online Shopping Dhamaka Month’ for members of its cash-and-carry business Best Price.

Flipkart, loyalty programme, ecommerce

India-based social commerce to value USD 7 bln by 2025, Redseer reveals

News | Ecommerce | 12 Apr 2021

India-based consulting company Redseer has revealed that the social commerce segment in India is expected to value USD 7 billion and contribute at least 5% of the overall ecommerce market by 2025.

study, research, social commerce, ecommerce

RBI penalises Indian co-op bank for KYC violation during exchange of demonetised notes

News | Digital Identity, Security & Online Fraud | 13 Apr 2021

The Reserve Bank of India has penalised the Bihar Awami Co-operative Bank for violation of directions on KYC and guidelines related to exchange of demonetised notes.

Reserve Bank of India, KYC, identity verification, compliance, banks

Pine Labs acquires Fave in USD 45 mln deal

News | Online Payments | 13 Apr 2021

Pine Labs has announced that it has acquired Singapore-based startup Fave in a deal valued at USD 45 million.

Pine Labs, Fave, QR code, online payments

SBI Payments to launch mobile POS solution

News | Mobile Payments | 22 Feb 2021

SBI Payments is launching the YONO merchant app to expand the digitisation of merchant payments in India.

SBI Payments, SBI, India, Asia, YONO, soft POS, merchants, RBI, mobile payments

Kotak Mahindra Bank launches remittance solution on its mobile app

News | Mobile Payments | 16 Feb 2021

India-based Kotak Mahindra Bank has announced that its remittance solution, Kotak Remit, is now live on the Kotak Mobile Banking app. 

Kotak Mahindra Bank, India, Asia, mobile banking, remittance, money transfers, mobile payments