PhonePe probably becomes the first payment app to connect with Internet Exchange in India as it aims to decrease latency for users
Read MorePhonePe ties with Extreme IX to cut latency for users
Tag: digital payments
Paytm stock debut fails to offer listing gain to investors
Paytm stock fell 27.25% (- ₹585.85) from its IPO price (₹2150) to end the trading session at ₹1,564 on BSE.
Read MoreDigital payments still trailing cash in APAC
Nearly 2 in 10 (15%) in APAC only started using these platforms after the pandemic.
Read MoreMobile wallets to rule nearly 60% of the world people by 2025
Southeast Asia, Latin America, and Africa and the Middle East are the fastest-growing markets, where mobile wallets are displacing cash and cards
Read MoreFSS and Okay to provide authentication solutions
FSS Technologies and Okay have announced a partnership to provide authentication security to consumer payments
Read MoreMswipe launch digital payment product Bank Box for SMEs
Through this launch, Mswipe aims to address key challenges of recurring costs on POS terminals like PoS rentals and Merchant Discount Rate (MDR) for MSMEs and merchants.
Read MoreIndians over 50 yrs to adopt digital payments faster in next 6 months: study
80% of the older consumers in India between the 56-60 years age group show the highest usage of digital payment channels in the next 6 months. This was followed by the 36-45 years age group at 83%.
Read MoreVisa invests in GOJEK, team up to enhance digital payments across Southeast Asia
Through this investment, both companies will work together to provide greater options on cashless payments and more seamless experiences for consumers across Indonesia and Southeast Asia
Read MoreRBI appoints Nandan Nilekani as chairman of committee on digital payments in India
Nandan Nilekeni has been appointed as the chairman of this high-level committee on digital payments along with four other members.
Read MoreVisa invests in online payment platform BillDesk, strengthens its presence in India
Visa’s investment and collaboration will help BillDesk develop new product lines for its payments and loyalty businesses and also expand its footprint into other geographies.
Read More