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India-based digital payments app Paytm has engaged in talks to acquire Bengaluru-based interoperable ecommerce startup Bitsila.
acquisition, digital payments, ecommerce, payments
Pine Labs, a merchant commerce omnichannel platform, has launched Mini, a QR and card acceptance device.
POS, contactless payments, merchant, ecommerce, SMEs
India-based food delivery startup Swiggy has offered its customers a credit card as the company increases effort to drive engagement and retention.
credit card, product launch, loyalty programme, cashback, delivery
Bank of India has announced the launch of three dedicated centres for startups and plans to have 12 such centres with a with a USD 61 million loan book by the first year of operations.
startup, banking, financial inclusion, funding, lending
India-based ICICI Bank has announced its decision to require non-bank customers for ID proof in order for them to exchange IRN 2,000 banknotes.
banking, fraud management, fraud detection, fraud prevention, identity verification, mobile banking, digital banking, online banking
India-based Pine labs has partnered with ICICI Bank to accept digital rupee payments at its point-of-sale (PoS) terminals.
cryptocurrency, CBDC, banks, partnership, blockchain
India-based fintech PhonePe has secured USD 100 million of additional funding in the journey to complete an ongoing USD 1 billion financing round.
PhonePe, funding, investment, Walmart, payments
India-based fintech PhonePe has launched the shopping app Pincode, built on the Centre’s Open Network for Digital Commerce (ONDC) platform.
fintech, ecommerce, SMEs, retail, PhonePe
India-based payments and API banking solution Cashfree Payments has rolled out UniFi to help users get a unified look on all their transactions.
transaction monitoring, product launch, certification, transactions , banks
Amazon has announced the halt of its wholesale distribution business in India, Amazon Distribution, marking the latest in a series of retreats for the retailer in the market.
ecommerce, ecommerce platform, merchants, delivery, payment methods, retail
Lentra, an India-based embedded AI-based finance startup, has raised USD 60 million – a Series B that values the startup at over USD 400 million.
fintech, banks, embedded finance, artificial intelligence, startup
India-based digital payments provider Infibeam has announced it looks to broaden its payment solutions portfolio by offering a no-hardware contactless mobile point of sale (POS).
Synechron, a digital transformation consulting firm for the financial services industry, has acquired Attra, an Australia-based technology services and solutions provider.
FI, payment companies, Third-party Payment Processors, payment gateways, retailers, acquisition, Australia, Attra
Walmart, Flipkart, launch, B2B, marketplace, kiranas, Flipkart Wholesale, Delhi, Gurugram, Bengaluru, Flipkart Wholesale’s Easy Credit, repayment behaviour, ecommerce
Global coffee chain Starbucks has partnered with digital payments company Paytm to launch a contactless dining solution, Live Mint reported.
Starbucks, Paytm, contactless dining solution, Mumbai, Gurugram, New Delhi, Scan to Order, Bengaluru, India, COVID-19, QR code, Paytm Wallet, Paytm UPI, net-banking, cards, Order Ahead’
Amazon, ecommerce, Swiggy, Zomato, India, coronavirus, launch, delivery service
Flipkart¸ ecommerce¸ Vishal Mega Mart¸ India, COVID-19
survey, Enormous Brands, India, shopping behaviour, elders shopping behaviour, Delhi, Bengaluru, Chennai, Pune, Ahmedabad, ecommerce, wallets, UPI, COVID-19
India, Google, Nearby Spot, Google Pay, Google Pay Nearby Spot, app
YES BANK has announced the launch of YES Fintech Developer, India’s largest API sandbox with 50+ virtual APIs at Bengaluru, marking the evolution of the bank’s technologies to Open Banking.
YES Bank, YES Fintech Developer, Open Banking, innovation, digital, corporate, fintech, API, India, payments , cards, banking