The report said that the partnership between the two companies will bring contactless payment to more Indians.
October 12, 2020The partnership will allow customers to use all of PhonePe's payment instruments, including the PhonePe wallet.
July 7, 2020The service charges were withdrawn in late 2016 after demonetisation to promote digital payments.
August 31, 2019Union Finance Minister Arun Jaitley on Monday launched Google’s Unified Payments Interface (UPI)-based digital payment service called “Tez” and said that it will help in promoting growth and creating jobs in the nation. “Google Digital Payment Aap ‘Tez’ is the first product for India, first to promote growth, create jobs and make lives better,” Jaitley tweeted adding that …
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September 18, 2017PayPal, one of the world's largest Internet payment companies, said on Thursday it would acquire Swift Financial, an online lender for small businesses in the US. Headquartered in San Jose, Northern California, PayPal said the move is part of its efforts to support the hard work of small business owners and entrepreneurs, Xinhua reported. Swift …
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August 11, 2017India has emerged strong, exhibiting a high potential in terms of digital payments and has been categorised under the “break out” segment among 60 countries, according to the Digital Evolution Index 2017. The Fletcher School at Tufts University in partnership with Mastercard, unveiled the Digital Evolution Index 2017. The Index is a comprehensive research that …
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July 28, 2017The infrastructure of digital payments in India is expected to increase three-fold by the end of 2017 with almost five million electronic point of sale (PoS) machines, the Ministry of Electronics and IT (MeitY) said on Wednesday. "We expect that by December, the number will actually go up to five million PoS, which means that …
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April 19, 2017Even as the Narendra Modi government is promoting digital payments in a move towards a ‘less cash’ economy, the country’s premier cyber security agency CERT-IN (Computer Emergency Response Team) has warned that all is not well with digital mode of payments and it could be vulnerable to cyber attack. In its advisory, CERT-IN has warned …
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February 23, 2017After the demonetisation of high value currency and its subsequent digital push, the government is now going to introduce a new Aadhaar-based digital payment system for the common man soon, IT Minister Ravi Shankar Prasad said here on Thursday. This unique payment initiative will be based on the thumb impression, verified through the Aadhaar identification …
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January 19, 2017