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 company to join Amazon India, a source told Reuters on…
Paytm CEO Seeks to ‘Rewind-and-Reset’ Firm After IPO Fiasco
Paytm was the poster boy for India’s tech startups, only to lose two-thirds of its value since its IPO and become a symbol of the industry’s crash. Now its founder…
Punjab National Bank Stops Digital Payment Incentive On Fuel Purchase
Punjab National Bank has stopped digital payment incentive on fuel purchaseNew Delhi: With oil marketing companies (OMCs) discontinuing to pay the incentive of 0.75 per cent while buying fuel via…
“No Idea,” Says PhonePe Founder After Report Says IPO Soon
PhonePe chief Samir Nigam has said he is not aware of company’s plans to bring an IPOJust hours after reports came out that digital payment company PhonePe is considering raising…
PhonePe Considers Public Offer, Seeks $8-10 Billion Valuation
PhonePe is planning to come out with an initial public offerNew Delhi: PhonePe, part of the Walmart Inc-controlled Flipkart group, is considering to raise funds through an initial public offering…
UPI, Non-Cash Payments to Reach 65 Percent of Transactions by 2026: Report
Non-cash payments using modes like UPI will account for 65 percent of all the transactions by 2026 against the 40 percent level estimated at present, a report said on Thursday.…
Paytm’s Parent Entity One 97 Communications’ March Quarter Loss Widens
One 97 Communications’ March quarter loss has widenedOne 97 Communications Ltd, the parent of fintech firm Paytm, on Friday reported a wider fourth-quarter loss due to higher expenses related to…
Paytm’s March Quarter Revenue Surges 89%, EBITDA Before ESOPs Improves
Paytm’s March quarter revenue surged 89 per centDigital financial services firm One97 Communications, which operates under the Paytm brand, on Friday witnessed a jump of 89 per cent in its…
How to Send Money Using UPI Without Internet
Has this ever happened to you that you are in the middle of sending money online using Google Pay, Paytm, PhonePe, or any other UPI payment service, and your Internet…
“Indian Banks May Lose Business To PhonePe, Google Pay”: Uday Kotak
Uday Kotak, Managing Director, Kotak Mahindra BankAsserting that Indian banks have been behind the curve in tapping payments technology, Kotak Mahindra Bank Managing Director Uday Kotak on Friday said they…