October 1st, 2018 6:33 PM 1 COMMENTS

BHIM UPI Registered 16.33 Million Transactions Totalling a Value of Rs 7,064.86 Crore in September

Unified Payments Interface (UPI) continued its growth in September as the transactions increased by more than 30% month-on-month. The total transactions through UPI reached 405.87 million in September with the total value of over Rs 59,835 crore. This data is revealed by the National Payments Corporation of India (NPCI) data and reported by the Press Trust of India. To recall, about 312.02 million UPI transactions totalling Rs 54,212.26 crore were... Read More

September 12th, 2018 12:00 PM 25 COMMENTS

Jio Makes the Rs 399 Prepaid Plan Affordable by Rs 100 Yet Again to Celebrate its 2nd Anniversary

Reliance Jio, which is celebrating its 2nd Anniversary has reintroduced the PhonePe offer, under which it will be providing Rs 399 prepaid plan at Rs 299 via MyJio application. To recall, Jio introduced the same PhonePe offer earlier this year and offered the company's highest selling plan of Rs 399 at Rs 299, which brings the monthly benefits to Rs 100. However, there are some catches with this offer and... Read More

September 10th, 2018 8:57 PM 0 COMMENTS

Google to Fully Comply With RBI Norms for Payment Services by December

Google, which is offering payment services in India via Google Pay (formerly Google Tez) have agreed to comply with Reserve Bank of India's norms for payment services by December. Under the RBI norms, every payment service provider in India has to store the data locally, amid security concerns. While Google has stated that it will fully comply with the payment norms of RBI, it confirmed some time would be required... Read More

August 29th, 2018 8:36 PM 12 COMMENTS

Xiaomi Awaiting RBI Approval for Mi Pay Service in India, Will Facilitate Digital Payments Via UPI

According to a new report, Chinese tech giant Xiaomi is going to launch its UPI based Mi Pay digital payments application in India soon. The China-based tech giant has launched a lot of its products in India, the majority of them constituted by smartphones, TVs and much more. Now Xiaomi will also step into the digital payments sector and will compete with the likes of Paytm, BHIM, WhatsApp and PhonePe.... Read More

July 16th, 2018 6:50 PM 1 COMMENTS

Flipkart Adds Prepaid Mobile Recharge Option on its Mobile App to Rival Amazon

Flipkart has rolled out a new update to its mobile application which has added a new feature called 'Recharges.' PhonePe, the Flipkart-owned company powers the recharges option on Flipkart. At the moment, the company is offering only prepaid recharges on the portal and states that postpaid bill payments will be launched very soon. As part of the launch offer, Flipkart is offering an instant 25% discount on first ever prepaid... Read More

June 16th, 2018 8:22 PM 135 COMMENTS

Reliance Jio Brings Per GB Cost Down to Lowest of Rs 1.77 With Double Dhamaka Offer

Reliance Jio has introduced a new offer in the market which has given a reason for the other telcos to be anxious. With this new Jio Double Dhamaka Offer the telco has brought down the per GB cost of data down to Rs 1.77 which is the lowest in the industry till date. The offer which has been rolled out nationwide for all users, for a limited time period adds... Read More

June 15th, 2018 9:36 AM 4 COMMENTS

Prepaid Plans With 3GB Daily Data from Top Four Telecom Operators Compared

Reliance Jio, a couple of days ago, rolled out a new offer to keep the consumers as well as the other incumbent telcos like Bharti Airtel, Vodafone India and Idea Cellular at the edge of their seats. The telco rolled out a new Double Dhamaka offer which would offer additional data to the customers along with up to Rs 100 discount on every prepaid pack. The telco did not stop... Read More

June 3rd, 2018 5:48 PM 78 COMMENTS

Bharti Airtel Brings Down the Cost of Per GB Data to Rs 1.97

Bharti Airtel has been attracting its prepaid customers of late and this move from the company will help the telco add more consumers on board. Reliance Jio’s plan of attracting more users using the launch of the Rs 399 prepaid pack have been made somewhat futile by Bharti Airtel with the revision of the Rs 399 prepaid pack. The Rs 399 prepaid plan which was previously offering 1.4GB of high-speed... Read More

June 2nd, 2018 11:26 AM 29 COMMENTS

Reliance Jio Prepaid Users Can Avail Rs 399 Recharge at Rs 299 Through MyJio App

Reliance Jio prepaid users are finally getting some attention from the company, after nearly four months. Jio last announced the Republic Day prepaid plans back at the end of January, since then it did not release any exciting offer for the prepaid users, instead focussed on Jio Postpaid and other activities such as IPL 2018 amongst others. The telco has now partnered with digital payments portal PhonePe and came up... Read More

May 10th, 2018 8:54 PM 13 COMMENTS

10 Key Takeaways from the Flipkart-Walmart Deal

Walmart finally closed the deal with Flipkart for USD 16 billion, after weeks of rumours and speculations, as it plans to take on rival Amazon in one of the fastest growing markets. The acquisition is Walmart’s biggest foreign investment ever and also one of the most successful exits by an Indian startup. The acquisition was first announced by investor Softbank’s CEO and founder Masayoshi Son followed by an official statement... Read More

May 8th, 2018 2:40 PM 3 COMMENTS

Flipkart-Walmart Deal Likely to be Announced by the End of this Week

Walmart is expected to announce its much-anticipated deal to acquire a majority stake in Indian e-commerce player Flipkart by the end of this week, despite reports that rival Amazon tried to disrupt the transaction. The global retail titan is said to purchase the 75% of Flipkart for about USD 15 billion according to various media reports. The deal will likely value the e-commerce platform at USD 20 billion. Walmart will... Read More

April 10th, 2018 5:56 PM 8 COMMENTS

WhatsApp’s Privacy Policy Outlines UPI Data Sharing With Facebook

WhatsApp has officially said that it might share payment information of users with its parent company Facebook. This shocking announcement by WhatsApp comes at a perilous time when Facebook is already facing a heavy backlash from users regarding their security and protection of private data. WhatsApp was last seen testing payment services using UPI (Unified Payment Interface) in February in India, the payment service is actually planned to launch for... Read More

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