PhonePe, one of the largest online wallets and payments platforms, has launched a new product through which users will be able to do SIP for gold investments leveraging UPI (Unified Payments Interface). For the unaware, SIP stands for Systematic Investment Plan. SIPs are very common and popular in the world of mutual fund investing. Users who set apart a small sum of money for investment every month rely on the... Read More
PhonePe, one of the major contactless digital applications/platforms available to users in India for making online payments, has partnered with Extreme IX. For the unaware, the Extreme IX is India’s largest internet exchange point. With this partnership, PhonePe is looking to enable faster digital payments for its 400+ million users. It is worth noting that PhonePe has become India’s first digital payments company to participate in an Internet Exchange in... Read More
The digital payment platform PhonePe, which is a part of Flipkart Group that is controlled by Walmart Inc. has clocked over two billion transactions across the payment channels in October 2021. The company released a statement on Wednesday to reveal the numbers. Notably, this includes the payments made via the UPI and Bharat Bill Payment System. Back in February this year, PhonePe recorded one billion transactions a month. PhonePe has... Read More
PhonePe, one of the top and popular payments platforms, have clarified that it doesn’t charge any money on the UPI transactions. A couple of days back, reports surfaced that PhonePe will start charging money for UPI transactions worth Rs 50 and more. As per an IANS report, Any sort of UPI transaction made through the application will be completely free of cost to the user. However, PhonePe has said that... Read More
There are a ton of third-party applications and online wallets that allow users to recharge with prepaid/postpaid plans as per their convenience. One of the most popular applications among them in India is PhonePe. Now onwards, users who are recharging their SIMs using the PhonePe application will have to pay more. PhonePe will be taking a small processing fee from the customers on every transaction they make through the application.... Read More
Mobile wallets have brought a new revolution to India, be it Paytm, PhonePe, Google Pay or Mobikwik; all of them have been key in reducing the dependency on physical cash, reducing the need to carry a lot of cash. It seems that the ability to transfer cash to one's digital wallet is about to become much easier after an announcement from the RBI. As per the Reserve Bank of India... Read More
It seems that OnePlus is gearing up to launch its payment platform dubbed as OnePlus Pay soon in India. We have witnessed several leaks and rumours about the payment platform. In the latest development, the company has trademarked the name in the country. Popular tipster Mukul Sharma has spotted the listing, but the certification didn’t reveal anything about the launch date of the OnePlus Pay. According to the 91Mobile report,... Read More
Digital payment platforms have reduced the hassle of mobile recharges. Earlier, mobile users had to purchase top-up plans by visiting the store to get their recharge done. But now, there are multiple digital payment platforms that offer an easy recharge facility to users. Out of the lot, PhonePe is a leading payments platform that allows user to send and receive money, recharge mobile, DTH or broadband connections without any external... Read More
Facebook-owned WhatsApp continues to witness poor response for its payments service in India. The National Payments Corporation of India (NPCI) released UPI data for the month of January 2021. PhonePe continues to lead the Unified Payments Interface (UPI) payments market in India with an overall transaction volume of 968.72 million and Rs 1,91,973.77 crore transaction value. Google Pay is second on the list, followed by Paytm Payments Bank App, Axis... Read More
Flipkart-owned PhonePe became the leading UPI application in India during December 2020, overtaking the previous leader Google Pay. According to the data released by NPCI, a total of 207 banks are now live on UPI. NPCI said that a whopping 2,234.16 million transactions accounting for 4,16,176.21 crore took place in December. To recall, UPI recorded 2,210.23 million transactions in November and the same is almost the same in December. However,... Read More
Things are heating up with the Data Localisation mandate set by the government and Reserve Bank of India. Local players PhonePe and Paytm have now confirmed that they are fully in compliance with the data localisation mandate to ensure payments data of Indian users is stored within the country. Foreign player Google which offers payment services via Google Pay in India is yet to reveal its full compliance with the... Read More
To allow easy cab and auto booking on its app, the mobile wallet company PhonePe has announced that it would partner with the Indian cab company Ola for a hassle-free booking experience on its app. The partnership would mean that PhonePe users will now be able to make quick and easy bookings on the app. Also, the app will get a new Autopay feature which has never been seen before... Read More
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319 was also a good plan but now 10 days less validity
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RELIANCE IS RELIANCE ____JIO FOR 4G______....WHATEVER MIGHT BE LAST NAME ...... BUT NOT NEW PLAYER IN THE MARKET......BUT ALREADY EXISTED…
