Digital Wallets

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Digital Wallets - Total results - 40
PhonePe will now begin a doorstep KYC verification service for customers: Report
News & Analysis

PhonePe will now begin a doorstep KYC verification service for customers: Report

The deadline to do the KYC verification has been extended from February to 31 August.

True fintech will be seen in India in the next five years: PhonePe co-founder Rahul Chari
News & Analysis

True fintech will be seen in India in the next five years: PhonePe co-founder Rahul Chari

"If it wasn't for UPI, we wouldn't be where we are right now with digital payments."

Amazon Pay starts offering peer to peer transactions using UPI via its Android app
News & Analysis

Amazon Pay starts offering peer to peer transactions using UPI via its Android app

Amazon's UPI ambitions had come to a halt after it failed to fulfil the data localisation mandates from RBI.

Tokenisation of card payments can simplify and secure financial transactions, services for merchants, consumers
Business

Tokenisation of card payments can simplify and secure financial transactions, services for merchants, consumers

Tokenisation is a process aimed at increasing the security and safety of payment systems by replacing the card details with a unique alternate payment ID or code termed as a ‘token'.

Why Abhijit Bose could be key to WhatsApp's ability to scale up payments biz in India
News & Analysis

Why Abhijit Bose could be key to WhatsApp's ability to scale up payments biz in India

Bose has been evangelising the idea of how Ezetap could turn any mobile device into a PoS device.

Digital wallet payments: RBI's refusal to extend 28 Feb deadline may lead to Rs 12,000 cr loss for sector
Business

Digital wallet payments: RBI's refusal to extend 28 Feb deadline may lead to Rs 12,000 cr loss for sector

The central bank RBI, however, clarified that customers who have balances in such wallets or PPIs need not worry about their money

WhatsApp Payments: Messaging app may turn heat on mobile wallet players, but game has shifted to value-added deals
Business

WhatsApp Payments: Messaging app may turn heat on mobile wallet players, but game has shifted to value-added deals

What Facebook-controlled WhatsApp can do, however, is to possibly look deeper into your behaviour than other mobile wallet players like MobiKwik, PayTm etc

Paytm vs FreeCharge vs MobiKwik vs Google Tez vs others: Here's a look at the existing digital wallets ecosystem
News & Analysis

Paytm vs FreeCharge vs MobiKwik vs Google Tez vs others: Here's a look at the existing digital wallets ecosystem

If you are confused about this whole online payments revolution, here's a quick rundown of the features and capabilities of various popular services

Ola and ICICI Bank have signed an MoU to integrate offers for customers as well as driver partners
News & Analysis

Ola and ICICI Bank have signed an MoU to integrate offers for customers as well as driver partners

Through this alliance, both brands will bring together their respective technology platforms to offer Ola booking facility on ICICI Bank's mobile banking platforms

Flipkart-owned PhonePe digital wallet ties up with rival FreeCharge; lets customers link their existing wallets on both platforms
News & Analysis

Flipkart-owned PhonePe digital wallet ties up with rival FreeCharge; lets customers link their existing wallets on both platforms

According to the deal terms, PhonePe has now enabled its over 45 million users to link their existing FreeCharge wallets to the PhonePe app

Bitcoin rises by 15 percent recouping from its worst loss since 2013
News & Analysis

Bitcoin rises by 15 percent recouping from its worst loss since 2013

Bitcoin had risen around twentyfold since the start of the year, climbing from less than $1,000 to as high as $19,666

Cheque book ban now will be hastier than GST rollout; India is woefully ill-equipped for full digitisation
Business

Cheque book ban now will be hastier than GST rollout; India is woefully ill-equipped for full digitisation

In a way, therefore, we will be killing the cheque at its infancy in rural areas where large swathes of India still is.

Niti Aayog CEO Amitabh Kant thinks that mobile wallets may replace credit and debit cards in few years
News & Analysis

Niti Aayog CEO Amitabh Kant thinks that mobile wallets may replace credit and debit cards in few years

Mobile wallets and biometric modes of payments will replace debit and credit cards in the next three to four years, NITI Aayog CEO Amitabh Kant said today.

Samsung Pay is here, the support for magnetic secure transmissions is a game-changer
News & Analysis

Samsung Pay is here, the support for magnetic secure transmissions is a game-changer

The fact that Samsung Pay is now available in India isn't as big a deal as the fact that Samsung Pay supports MST.

National level policy to reduce charges on cashless transactions being worked on
News & Analysis

National level policy to reduce charges on cashless transactions being worked on

Union Minister Hansraj Gangaram Ahir on Wednesday said the Centre will frame a policy to further reduce charges on cashless transactions.

Demonetisation has put Digital India mission on fast track, writes Godrej Nature's Basket MD Avani Davda
Business

Demonetisation has put Digital India mission on fast track, writes Godrej Nature's Basket MD Avani Davda

Demonetisation has been a bold move and while it has had its ups and downs, it bodes well for the organised retail sector overall.

MobiKwik is aiming at more funds which will give it $1 billion valuation
News & Analysis

MobiKwik is aiming at more funds which will give it $1 billion valuation

Indian mobile payments and digital wallet firm MobiKwik says it is in talks to raise more funds at a level that would give the start-up a $1 billion valuation, as it pushes to forge new ties with banks and offer new financial services on its platform.

Panel of chief ministers and experts on digital economy to submit interim report to prime minister
News & Analysis

Panel of chief ministers and experts on digital economy to submit interim report to prime minister

The committee of Chief Ministers and experts on digital economy will submit its interim report to Prime Minister Narendra Modi on Tuesday, said Andhra Pradesh Chief Minister N Chandrababu Naidu, who is heading the committee.

ICICI Bank transactions on Flipkart-owned PhonePe wallet have been blocked
News & Analysis

ICICI Bank transactions on Flipkart-owned PhonePe wallet have been blocked

While digital wallets are slowly becoming mainstream, it looks like banks are still not convinced of the same. After it emerged that State Bank of India had blocked transactions on many digital wallets, it is not emerging that ICICI Bank too has blocked any transactions on Flipkart-owned digital wallet PhonePe.

Digital wallet MobiKwik launches app in Bengali, Odia, Punjabi, Tamil and Telugu languages
News & Analysis

Digital wallet MobiKwik launches app in Bengali, Odia, Punjabi, Tamil and Telugu languages

Domestic mobile wallet major MobiKwik on Thursday launched five more regional language versions of its mobile app for its users.