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India-based YES BANK has introduced UPI payments facility through its RuPay credit cards, which before was limited to POS/ecommerce-based transactions.
credit card, UPI, NPCI, virtual card, digitalisation
India-based embedded finance platform MyShubhLife has partnered with fintech PayWorld to provide the latter’s retailers with easy access to credit.
embedded finance, lending, retail, merchants, fintech
Amazon has joined and Indian government-backed ecommerce initiative that aims to ‘democratise’ online shopping in the South Asia.
ecommerce, Amazon, online shopping, digital payments, shopping
India-based fintech Mobikwik has collaborated with the National Payments Corporation of India (NPCI) and Axis Bank to launch a prepaid card, usable with merchants across 190 countries.
fintech, partnership, prepaid card, NPCI, digital wallet, MobiKwik
India-based fintech MobiKwik has receiver market regulator Sebi’s approval to launch an IPO through which it plans to raise up to USD 252 million.
IPO, funding, fintech, MobiKwik
Úna Dillon of MRC tackles the challenges that come with incorporating e-wallets for payments companies and merchants, as well as the way it can affect consumer trust
e-wallet, mobile payments, SCA, Apple Pay
RBI, e-wallet, mobile payments, UPI
MobiKwik, data breaches, dark web, cybercrime
MobiKwik, IPO, funding, e-wallet, mobile payments
India-based digital credit platform MobiKwik has announced the launch of the ‘MobiKwik Blue American Express Card’ in India.
MobiKwik, American Express, India, Asia, product launch, prepaid card, mobile wallet, online payments, mobile payments
National Payments Corporation of India, NPCI, retail payments, banks, payments , India
MobiKwik, mpay.me, UPI, link service, merchants, mobile payments, India
MobiKwik, India, bill payments, online payments, COVID-19, mobile bill payments, ecommerce, Flipkart, ixigo, Snapdeal, Confirmtkt, Utility Bill Payments, Biller Stack, coronavirus
In a filing with the local regulator in India, WhatsApp, a Facebook - owned service, has declared that providing credit or loans is one of the main objects to be pursued by the company it in India.
WhatsApp, Facebook, loans, credit, India, Paytm, MobiKwik, Flipkart, mobile payments, PhonePe
BuyUCoin, an India-based crypto exchange, has partnered with fintech company MobiKwik.
fintech, crypto exchange, BuyUCoin, crypto licence, India, OKCoin, MobiKwik, Binance, payment gatway, cryptocurrency, Fiat
Payments platform BharatPe has raised a USD 50 mln funding round led by Ribbit Capital and Hong Kong-based Steadview Capital.
BharatPe, funding, merchants, lending, payments platform, fintech
MobiKwik has inked a deal with DT One, a Singapore-based B2B network for mobile top-ups/recharge, rewards, and airtime credit services.
MobiKwik, DT One, mobile payments, MobiKwik wallet
The Reserve Bank of India has extended deadline by six months for compliance with KYC norms, for prepaid payment instrument (PPI) issuers.
Amazon Pay, MobiKwik, e-wallets, KYC, RBI, India, PPI, financial inclusion, regulations
Reserve Bank of India (RBI) has announced that it will regulate payment gateway service providers and payment aggregators.
RBI, India, payment gateway provider, payment gateway, payment aggregator, merchant, Paytm, MobiKwik, Bharat Bill Pay
India-based digital payments company Mobikwik has acquired Clearfunds, an online platform that facilitates investments in mutual funds.
MobiKwik, Clearfunds, wealth mnagement, investment platform, India, mutual fund, investment, Assets Under Advisory