Articles with tag like: UPI

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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

PhonePe, Axis Bank partner to boost UPI multi-bank model

News | Mobile Payments | 10 Feb 2021

PhonePe has partnered with Axis Bank to boost the UPI multi-bank model.

PhonePe, Axis Bank, partnership, India, Asia, UPI, Multi-bank, transactions , mobile payments

Exclusive interview with NPCI – instant payments and digital transformation in India

Interviews | Online Payments | 25 Jan 2021

The Paypers sat down with Dilip Asbe, MD and CEO of National Payments Corporation of India (NPCI), to learn more about India’s digital transformation and the status of instant payments in the region

Dilip Asbe, National Payments Corporation of India, NPCI, interview, India, digital transformation, instant payments, UPI, merchants, smartphone penetration, real-time payments

Universal Sompo General, NPCI to offer special health insurance cover

News | Payments General | 18 Jan 2021

India-based Universal Sompo has partnered with National Payments Corporation of India (NPCI) to offer a special health insurance cover.

Universal Sompo General, NPCI, India, cashless hospitalisation, RuPay, UPI, insurance inclusion, unbanked

India-based Eroute to launch UPI-based offline payments solution

News | Payments General | 13 Jan 2021

Fintech startup Eroute Technologies has announced plans to launch an offline payments solution based on the Unified Payment Interface (UPI), according to electronicpaymentsinternational.com.

Eroute Technologies, UPI, offline payments, product launch, India, fintech, startup, Unified Payment Interface, real time payments, NPCI, RBI, USSD

PayPal's Xoom integrates with UPI payments to support instant remittances to India

News | Payments General | 22 Dec 2020

PayPal’s money transfer service Xoom has added the Unified Payments Interface (UPI) to its platform, to enable instant money transfers to India, reports Verdict.

Xoom, UPI, payments, remittances, India

Snapdeal, NPCI partner to enable QR code payments upon order delivery

News | Mobile Payments | 18 Dec 2020

India-based ecommerce company Snapdeal and the National Payments Corporation of India have partnered to enable shoppers to make QR code payments upon the delivery of their orders.

Snapdeal, NPCI, India, Asia, QR code, mobile payments, BHIM, Google Pay, WhatsApp Pay, PhonePe, Paytm, HDFC, SBI, ICICI, UPI

PayU, Google Pay introduce tokenised payment flow in India

News | Mobile Payments | 18 Dec 2020

PayU has teamed up with Google Pay to introduce a tokenised payments flow for merchants in India.

PayU, Google Pay, Google, partnership, India, Asia, mobile payments, their debit cards, credit cards, UPI, one-click payment

WhatsApp Pay goes live in India with four banks

News | Mobile Payments | 17 Dec 2020

Fraud Prevention in Ecommerce Report 2020 / 2021

Instant messaging platform WhatsApp has gone live with its payments offering in India with four banks: State Bank of India, ICICI Bank, HDFC Bank and Axis Bank.

WhatsApp Pay, UPI, NPCI, mobile payments

ICICI Bank rolls out iMobile Pay banking app

News | Online & Mobile Banking | 07 Dec 2020

India-based ICICI Bank has launched iMobile Pay, an improved version of its mobile banking app, iMobile, to offer payments and banking services to customers of any bank. 

ICICI Bank, iMobile Pay, product launch, mobile banking, app, India, bills, instant banking, UPI, payments, banking

PhonePe raises USD 700 mln as it becomes a separate entity

News | Mobile Payments | 03 Dec 2020

PhonePe has secured USD 700 million in a new financing round and is 'partially' spinning off into a separate unit.

PhonePe, funding round, investment, financing round, Walmart, Flipkart, mobile payments, India, Google Pay, UPI, PhonePe Switch

Indian digital payments company Cashfree raises USD 35 million

News | Online Payments | 24 Nov 2020

Cashfree, an India-based payments solutions company that helps Indian and global businesses to collect and disburse payments, has received USD 35.3 million as part of its Series B raise.

Cashfree, bank accounts, cards, UPI, wallets, payouts, India, funding, net banking, UPI, merchants, ecommerce

Paytm launches buy-now-pay-later feature for Postpaid users

News | Ecommerce | 23 Nov 2020

India-based ecommerce payments system Paytm has announced that the users of its Postpaid service now have access to a buy-now-pay-later feature by converting their spends into equated monthly installment (EMIs).

Paytm, product launch, India, Asia, EMI, postpaid, buy-now-pay-later, BNPL, UPI, debit card, netbanking

Indian consumers prefer to use digital payments, ACI Worldwide and YouGov reveal

News | Online Payments | 13 Nov 2020

YouGov and ACI Worldwide have revealed in a new research that digital payments continue to be the preferred payment method for India-based consumers.

YouGov, ACI Worldwide, research, survey, digital payments, preferred payment method, India, merchants, UPI, KYC, online payments

Google facing anti-trust investigation over mobile payments app in India

News | Mobile Payments | 12 Nov 2020

India's Competition Commission has launched antitrust investigation against Google, over allegations that it is abusing its dominant market position to promote its own mobile payments app.

Google, anti-trust investigation, UPI, online payments, mobile payments, Google Pay, Tez, National Payments Corporation of India, India, Asia, APAC

Cashfree, TradeIndia partner to enable digital payment solutions

News | Online Payments | 06 Nov 2020

India-based payments gateway, Cashfree, has announced its partnership with B2B marketplace TradeIndia to enable online payments collection through cards, UPI, internet banking, and other digital solutions as a part of its TradeKhata offering.

Cashfree, TradeIndia, partnership, payment gateway, B2B marketplace, online payments, cards, UPI, internet banking, payouts, automated invoicing, customer management, instant settlements, recurring payments, subscriptions

WhatsApp launches in-app payments feature in India

News | Mobile Payments | 06 Nov 2020

Facebook-owned WhatsApp has announced the launch of its WhatsApp Pay feature in India.

WhatsApp, WhatsApp Pay, India, Asia, product launch, UPI, mobile payments, bank transfers, security, privacy, iOS, Android

Amazon rolls out credit card bill payments feature in India

News | Online Payments | 05 Oct 2020

Amazon India has launched a new feature that enables customers to make their credit card bill payments through Amazon Pay.

Amazon, India, launch, credit card, bill payments, Amazon Pay, UPI

Flipkart integrates Paytm's e-wallet at checkout

News | Mobile Payments | 18 Sep 2020

Flipkart has started integrating Paytm’s e-wallet on its platform although it continues to compete with its PhonePe solution in the online payments market.

Flipkart, integration, Paytm, e-wallet, PhonePe, Unified Payments Interface, UPI, retailers, online payment methods, Amazon Pay, mobile payments, checkout

PhonePe to go public as a separate entity by 2023

News | Mobile Payments | 24 Aug 2020

Walmart-owned digital payments platform PhonePe has been reportedly working to go public by 2023 as a separate entity in the US or India, reporting a valuation of USD 7 to USD 10 billion.

PhonePe, Walmart, US, India, MDR, UPI, initial public offering, Google Pay, The National Payments Corporation of India, NPCI, recurring payments