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Google writes letter to US Federal Reserve to adopt UPI-like payments mechanism; draws cheers among Indian entrepreneurs
News & Analysis

Google writes letter to US Federal Reserve to adopt UPI-like payments mechanism; draws cheers among Indian entrepreneurs

A top banker told Tech2, UPI is being pushed to go global and now if it manages to draw the attention of the US Federal Reserve it will be big fillip for NPCI.

Google Pay leads UPI transaction value race in March leaving Paytm, PhonePe behind
News & Analysis

Google Pay leads UPI transaction value race in March leaving Paytm, PhonePe behind

Google Pay clocked payments worth Rs 43,000-Rs 45,000 crore in March as per industry sources.

Google Pay app reaches 100 million downloads milestone on the Play Store
News & Analysis

Google Pay app reaches 100 million downloads milestone on the Play Store

The Google Tez app was launched back in August 2017 and then rebranded as Google Pay in Sep 2018.

Google Play rolls out 'Best of 2018' list, Google Pay titled Fan Favourite in India
News & Analysis

Google Play rolls out 'Best of 2018' list, Google Pay titled Fan Favourite in India

PUBG Mobile, YouTube TV in the app section were crowned as Google Play's fan favourites in the US.

Warren Buffett's Berkshire Hathaway invests $300 mn in Paytm; to hold 2.9% in Indian firm
Business

Warren Buffett's Berkshire Hathaway invests $300 mn in Paytm; to hold 2.9% in Indian firm

Earlier this month, reports said Warren Buffett's Berkshire Hathaway was set to invest about $300-350 million in Indian digital payments major Paytm, according to sources

Google Tez might be renamed to Pay, merged under global framework of Google Pay
News & Analysis

Google Tez might be renamed to Pay, merged under global framework of Google Pay

Consolidation of the Tez mobile wallet into Google Pay would allow UPI for app purchases on Play Store.

WhatsApp Payments expected to roll out out next week: Here's all you need to know about the peer-to-peer payments feature and how it works
News & Analysis

WhatsApp Payments expected to roll out out next week: Here's all you need to know about the peer-to-peer payments feature and how it works

Waiting for its partners to have necessary systems in place, WhatsApp in February released its payments system in a Beta update to check its stability.

WhatsApp payments feature may be rolled out in full swing by next week: Report
News & Analysis

WhatsApp payments feature may be rolled out in full swing by next week: Report

WhatsApp who have had the feature ready for a while now has been waiting for its partners ICICI, HDFC, Axis Bank and the SBI to begin a widespread rollout.

Watch: How 30-31 May bank strike will be a boost for Digital India - #DailyDope
News & Analysis

Watch: How 30-31 May bank strike will be a boost for Digital India - #DailyDope

Bank employees are going on a strike (again) on 30 and 31 May and ATM services may get affected. Nikita Rana explores.

Facebook has no plans to bring digital payments on Messenger to India yet: Report
News & Analysis

Facebook has no plans to bring digital payments on Messenger to India yet: Report

"There are currently no tests planned for recharges or peer-to-peer payments on Messenger in India," the sources told IANS.

Google announces that its Tez payments app will now have a deeper integration with SBI
News & Analysis

Google announces that its Tez payments app will now have a deeper integration with SBI

Tez is built on the Unified Payments Interface, allowing users make payments from their bank accounts to other accounts from over 70 UPI-enabled banks.

Google Pay combines the power of Google Wallet and Android Pay in a brand new app for Android
News & Analysis

Google Pay combines the power of Google Wallet and Android Pay in a brand new app for Android

The Google Pay app provides a convenient and simplified interface that lets you store your credit card, debit cards, loyalty programs, offers and even gift cards.

Now pay your DTH, electricity, water and mobile bills using Google's Tez payment app
News & Analysis

Now pay your DTH, electricity, water and mobile bills using Google's Tez payment app

Users would also be able to view all past payments grouped by bill, as well as manage bills from multiple accounts on the Tez app.

WhatsApp to launch 'full-feature' inter-bank money transfer service soon says NPCI with four banks handling UPI to process fund transfers
News & Analysis

WhatsApp to launch 'full-feature' inter-bank money transfer service soon says NPCI with four banks handling UPI to process fund transfers

Friday’s statement marks the de facto official launch of WhatsApp’s new service as NPCI is the body set up by the central bank and lenders to oversee payment services.

WhatsApp Payments will impact home-grown players but existing customers won't switch to it easily, say experts
Business

WhatsApp Payments will impact home-grown players but existing customers won't switch to it easily, say experts

One of the reasons that digital payments have not really gone by beyond the billion mark is because people have moved back to using cash as it is back in the system.

WhatsApp payment has not rolled out officially and is still in the testing phase: Report
News & Analysis

WhatsApp payment has not rolled out officially and is still in the testing phase: Report

The feature is currently in beta but has not been publicly announced because it is not widely available on WhatsApp at this moment.

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

WhatsApp payment option with UPI support is being tested in beta in India: Report
News & Analysis

WhatsApp payment option with UPI support is being tested in beta in India: Report

WhatsApp had sought permission from the National Payments Corporation of India (NPCI) to allow UPI payment system through their channel.

Amazon India adds UPI payment option on its mobile app for transactions below Rs 10,000
News & Analysis

Amazon India adds UPI payment option on its mobile app for transactions below Rs 10,000

The payment method, which has seen rapid adoption in the past year, can be used for all transactions on Amazon India which are valued at Rs 10,000 or lower.

Google Pay is the latest digital payment platform by Google; merges Android Pay and Google Wallet in one solution
News & Analysis

Google Pay is the latest digital payment platform by Google; merges Android Pay and Google Wallet in one solution

Google Pay will make it easier for users to save the payment information with their Google account so that they can make quick payment checkouts.