Tag: PhonePe

4 Results

  • UPI-based e-wallets to face road-bump

    UPI-based e-wallets to face road-bump

    NPCI decision to put a cap on the UPI market share of digital payment companies directly impacts UPI-only players such as Walmart's Phonepe, Google Pay and upcoming Whatsapp Pay. Interestingly, Paytm is the only major player which is still backing its wallet success and cards besides UPI.

    September 10, 2019
  • Mobile Wallets have till February 2020 to update KYC

    Mobile Wallets have till February 2020 to update KYC

    With the Reserve Bank of India (RBI) extending the deadline for mobile wallets to be fully compliant with Know Your Customer (KYC), people using PhonePe, Paytm, Amazon Pay or other such wallets will have no trouble making their transactions as usual till 29 February 2020.

    September 2, 2019
  • PhonePe 2nd most downloaded finance app in May: Report

    PhonePe 2nd most downloaded finance app in May: Report

    PhonePe saw more than 4.7 million downloads in May, which represented a 27 per cent year-on-year growth from May 2018, according to the app download estimates from Sensor Tower's Store Intelligence platform.

    June 22, 2019
  • PhonePe digital payment service raises over Rs. 254 crore from Flipkart Payments

    PhonePe digital payment service raises over Rs. 254 crore from Flipkart Payments

    Previously, PhonePe had received Rs. 83.68 crore in October, 2016 through allocation of 41.84 lakh shares at a premium of Rs. 190 per share.

    October 6, 2017