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HDFC Bank, Flipkart Wholesale launch co-branded credit card

News | Ecommerce | 17 Mar 2023

India-based HDFC Bank has partnered with Flipkart Wholesale, the B2B marketplace of Flipkart to launch a co-branded credit card for Kirana members and small merchants.

partnership, product launch, credit card, B2B payments, marketplace, ecommerce, retail, merchants, financial services, financial inclusion, financing , digitalisation, SMEs, payments , digital payments, cashback, fintech

Paytm introduces BNPL service

News | Payments General | 05 Jul 2021

Fintech startup Paytm has announced it will now offer loans starting from EUR 2.5 to EUR 11.5 as part of its Buy Now, Pay Later service, Paytm Postpaid.

Paytm, BNPL, financial services

Mastercard partners with Instamojo to help MSMEs and gig workers

News | Online Payments | 28 Jun 2021

Mastercard has announced a strategic equity investment in India-based online selling platform Instamojo

partnership, Mastercard, gig economy, online payments

Amazon Pay to facilitate loans for kiranas

News | Ecommerce | 19 Apr 2021

The payments and financial services arm of Amazon has claimed to have signed up almost 5 million merchants on unified payments interface (UPI).

Amazon, marketplace, UPI, ecommerce

Amazon announces USD 250 mln venture fund for India-based startups

News | Ecommerce | 16 Apr 2021

Amazon has announced a USD 250 million venture fund to invest in Indian startups and entrepreneurs focusing on digitisation of SMBs in the key overseas market.

Amazon, investment, funding, SMEs, ecommerce

Reliance Retail aims to embed JioMart into WhatsApp

News | Ecommerce | 18 Jan 2021

Reliance Retail plans to embed its ecommerce app, JioMart, into WhatsApp within six months.

Reliance Retail, JioMart, WhatsApp, India, Asia, ecommerce, kirana stores

YES Bank, Worldline launch SMS Pay on POS terminals

News | Mobile Payments | 26 Nov 2020

India-based YES Bank and Worldline have teamed up to launch the SMS Pay functionality on POS terminals, enabling merchants to accept contactless and remote payments from their customers.

YES Bank, Worldline, India, Asia, SMS Pay, mobile payments, online payments, remote payments, POS, merchants, kirana stores, invoice, Payment Link, payment gateway

Paytm enables Postpaid service for Android Mini App Store

News | Mobile Payments | 02 Nov 2020

India-based ecommerce payments system Paytm has announced that it is enabling Postpaid services to Android Mini App Store and POS devices.

Paytm, Android Mini App Store, partnership, India, mobile PoS, mobile payments, Paytm Postpaid, Asia, APAC

PhonePe now available at two million shops in Maharashtra, India

News | Mobile Payments | 30 Oct 2020

India-based online payments company PhonePe has announced that it is now available as a payment option at over two million shops in Maharashtra.

PhonePe, India, QR codes, mobile payments, merchants, kirana stores

Paytm extends its Postpaid feature to kirana stores

News | Ecommerce | 09 Jun 2020

Paytm has announced extending its Postpaid feature to kirana stores and other offline retail outlets to enable consumers buy groceries and make various bill payments.

Paytm, India, postpaid, kirana stores, contactless transactions, Reliance Fresh, Haldiram, Apollo Pharmacy, online payments, Tata Sky, Pepperfry, HungerBox, Patanjali, Digital Credit, Lite, Delite, Elite, KYC, NBFC, Paytm Postpaid Passbook

CAIT, DPIIT to help small retailers in India via new ecommerce portal

News | Ecommerce | 28 Apr 2020

The Confederation of All India Traders (CAIT) and the Department for Promotion of Industry and Internal Trade (DPIIT) have teamed up to launch an ecommerce platform for local retailers and grocery stores.

Confederation of All India Traders, CAIT, Department for Promotion of Industry and Internal Trade, DPIIT, India, retail, ecommerce, contactless delivery, marketplace, digital payments, COVID-19

Udaan raises USD 585 mln to expand its ecommerce platform

News | Ecommerce | 03 Oct 2019

Udaan, an India-based B2B ecommerce platform, has raised USD 585 million in a new financing round to expand its ecommerce platform.

Udaan, ecommerce, India, ecommerce platform, Tencent

RBI allows recurring transactions up to INR 2,000 on cards

News | Cards | 22 Aug 2019

The Reserve Bank of India has announced that it will allow customers to make recurring payments of less than INR 2,000 without the two factor authentication process.

RBI, India, recurring transaction, card, prepaid card, debit card, credit card

ICICI Bank and ftcash launch UPI across merchants in India

News | Mobile Payments | 26 Sep 2016

Ftcash, a mobile payments and loans startup backed by IvyCap Ventures, has teamed up with ICICI Bank to launch Unified Payment Interface (UPI) across merchant locations in India.

ftcash, startup, fintech, bank, loan, wallet, ICICI Bank, UPI, merchants, India, credit cards, debit cards, FreeCharge, MobiKwik, PayPal, mobile payments, contactless

Flipkart to enter digital payments business to reduce cash transactions in India

News | Mobile Payments | 22 Jul 2016

Flipkart, an ecommerce company headquartered in Bangalore, India, has revealed plans to invest over Rs 670 crore (USD 100 million) to build an independent digital payments business.

Flipkart, India, mobile wallet, mobile payments, ecommerce, online payments, PhonePe

Paytm partners Capital Float to roll out small loans for merchants

News | Mobile Payments | 12 Jul 2016

Paytm has teamed up with Capital Float, an online lending platform in India, to launch small loans for merchants. 

Paytm, mobile wallet, mobile banking, loans, insurance, bank accounts, Capital Float

MasterCard partners Confederation of All India Traders to train 50,000 Indian traders

News | Ecommerce | 27 Jun 2016

MasterCard has partnered with the Confederation of All India Traders to train over 50,000 traders across the country under the digital campaign exercise.

MasterCard, traders, ecommerce, partnership, SMEs, CAIT, India

Paytm launches QR code-based payment option in its offering

News | Mobile Payments | 15 Oct 2015

Paytm, an Indian mobile payments services provider, has introduced a QR code-based payment option in its Paytm Wallet app.

Paytm, mobile payments, wallet, digital, internet, QR code, payment option, Customers

Mobile payment gateway Chillr extends bank partnerships, plans to launch in more cities

News | Mobile Payments | 29 Sep 2015

India-based mobile payment gateway Chillr has announced that it will tie up with four banks by the end of October and plans to launch in eight more cities.

mobile payment, gateway, Chillr, bank, India, payment

Amazon launches Amazonbusiness.in marketplace to power SMEs online presence

News | Ecommerce | 27 Apr 2015

Amazon has launched Amazonbusiness.in, a members-only B2B ecommerce website in India in order to help businesses buy and sell supplies online in a closed and reserved space.

Amazon, marketplace, launch, release, online presence, online sales, Customers, merchants, e-tailer