E-Commerce

Ria Lakshman

10,000 customers opened savings accounts with Airtel Payments Bank within two days of going live, says Airtel

10,000 customers opened savings accounts with Airtel Payments Bank within two days of going live, says Airtel

Within two days of going LIVE in Rajasthan, over 10,000 customers opened savings accounts with Airtel Payments Bank, according to Airtel. The customers mostly comprise of people from semi-urban and rural areas. In Rajasthan, Airtel provides banking services through Airtel’s retail networks. There are around 10000 retail outlets that act … Read More

Ria Lakshman

Airtel Payments Bank starts pilot services in Rajasthan, becomes India’s first Payments Bank to go live

Airtel Payments Bank starts pilot services in Rajasthan, becomes India’s first Payments Bank to go live

Airtel Payments Bank started pilot services in Rajasthan, announces Airtel. Airtel Payments Bank will provide basic banking services, especially that the customers will now be able to open bank accounts at Airtel retail outlets. A wide range of sellers/shops across Rajasthan will accept digital payments from Airtel Bank. It means … Read More

Ria Lakshman

YMS Mobitech undertakes Mi’s offline accessory distribution in Eastern India

YMS Mobitech undertakes Mi’s offline accessory distribution in Eastern India

A technology-based start-up YMS Mobitech has announced a partnership with Mi India for the offline distribution of Mi accessories in Eastern India. The company will employ an application-based e-distribution system to distribute in East India. Announcing the collaboration, Ajay Laddha, Co-founder, YMS Mobitech said, “YMS Mobitech has been consistently working … Read More

Ria Lakshman

Currency ban contributes to the growth of wallet services of Airtel, Vodafone India, and Idea Cellular: Report

Currency ban contributes to the growth of wallet services of Airtel, Vodafone India, and Idea Cellular: Report

The currency ban has benefited telecom operators in numerous ways, primarily via creating an increase in their mobile wallet transactions. Among the operators, three major telecom players – Airtel, Vodafone India, and Idea Cellular – are estimated to witness a 40-50% surge in mobile wallet transactions, reports Economic Times (ET). … Read More

Esmail

Mobile wallets and online payment service providers ride the tide of PM Modi’s announcement, promote cashless transacting!

Hours after the historically redefining announcement by Prime Minister Narendra Modi, decommissioning all Rs. 500 and 1000 denomination currency notes, Mobile wallets and online payment service providers have seized the opportunity to promote cashless transactions by their users to tide over this period. Late evening on Tuesday came an announcement … Read More

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