Alibaba Group Sells Remaining Stake in Paytm Worth Rs. 1,378 Crore
China’s Alibaba Group has sold its remaining stake in Indian digital payments firm Paytm for about Rs. 1,378 crore through…
PhonePe Raises $350 Million, Becomes India’s Most Valuable Payments Firm
Walmart-backed PhonePe said on Thursday it raised $350 million (roughly Rs. 2800 crore) from private equity firm General Atlantic at…
UPI Reaches Record High of Payments Worth Rs. 12.82 Lakh Crore in December
Payments through the Unified Payments Interface (UPI) touched a record high of Rs. 12.82 lakh crore in December. During the month,…
Paytm 2022 Recap Calls Delhi-NCR as India’s Digital Payments Capital
One97 Communications (OCL), which owns Paytm, on Wednesday announced the release of Paytm 2022 Recap, highlighting the interesting trends of…
Paytm Parent One97 Shares Fall on Report of Softbank Stake Sale
Paytm parent One 97 Communications’ shares fell as much as 10 percent to their lowest since May after Reuters reported…
ONDC to Get Many More Apps Onboard in Coming Weeks as Beta Testing Begins
The commerce and industry ministry on Friday said many more applications will join the Open Network for Digital Commerce (ONDC)…
ONDC to Get Many More Apps Onboard in Coming Weeks as Beta Testing Begins
The commerce and industry ministry on Friday said many more applications will join the Open Network for Digital Commerce (ONDC)…
WhatsApp Pay India Head Manesh Mahatme Said to Quit Firm: Details
The head of WhatsApp’s India payment business, Manesh Mahatme, has quit after more than a year with the Meta Platforms-owned…
WhatsApp Pay India Head Manesh Mahatme Said to Quit Firm: Details
The head of WhatsApp’s India payment business, Manesh Mahatme, has quit after more than a year with the Meta Platforms-owned…
UPI Lite Launched for Offline Transactions Under Rs. 200: Details
The Reserve Bank of India (RBI) launched UPI Lite for feature phones on Tuesday, allowing Indian users to enable offline…