Phonepe

Digital payments: A look at how they work, the cost of your transaction and other questions answered

Even though a transaction is mainly a debit and credit between two banks, there are many intermediaries that facilitate these transactions.

IT Minister asks bankers to create robust, digital platform for easy credit availability to small businesses

Speaking to reporters on the sidelines of the event, IT Minister Ashwini Vaishnav further said the idea was to ensure that easy credit at good terms, through a seamless process could be made available to micro and small industries, small businessesmen, street vendors among others

PhonePe revenue grows 74 percent in financial year 2020, losses fall amid IPO talk

The company saw a seven percent decline in net loss from Rs 1,904 crore in FY19 to Rs 1,771 crore in FY20, according to Tofler.

UPI recorded 2.23 billion transactions worth Rs 4.16 trillion in December 2020 reports NPCI

This is a 1 percent jump in volume and a 6.4 percent surge in value for UPI from November which had seen 2.21 billion transactions worth Rs 3,90,999 crore.

PhonePe raises Rs 150 crore from majority stakeholder Flipkart bringing its valuation to $5.5 billion

PhonePe currently has over 250 million registered users and competes with the likes of Paytm, GooglePay and WhatsApp Payments.

PhonePe raises $700 million in a new funding round led by Walmart, becomes a separate entity

In unnamed funding round, Flipkart backed PhonePe raises fresh funds thereby taking its valuation to $5.5 billion.

Akshaya Tritiya 2020: Here's how you can buy gold online during coronavirus enforced lockdown

High gold prices, logistical constraints on delivery, uncertainties surrounding wedding schedules, income anxieties and lockdown in various degrees make it an unusual period that is bound to seriously restrict gold demand.

PhonePe partners Bajaj Allianz for hospitalisation insurance policy for COVID-19; offers cover of Rs 50,000

Users can purchase the policy from the PhonePe app, and the customer is issued policy documents within the app, it said.

Bengaluru, Delhi and Hyderabad lead digital merchant payments; account for over 40% transactions in 2019: Report

Digital transactions are estimated to have grown by 338 percent from 2018 to 2019, according to the Razorpay report

What's the real value of PhonePe, which wants to be India’s second-biggest unicorn?

Is PhonePe, the payments arm of Flipkart, the hidden gem in Walmart’s Indian crown with a valuation of $10 billion? Or is it something rather less dazzling?