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ACI Worldwide invests in Mumbai-based Mindgate to bulk up electronic payments

TMT

03 June, 2019

ACI Worldwide invests in Mumbai-based Mindgate to bulk up electronic payments

Electronic payments and banking solutions provider ACI Worldwide Inc. has invested an undisclosed sum in Mumbai-based Mindgate Solutions Pvt. Ltd ......

Sequoia-backed payments startup BharatPe gets new investor in Series A round

TMT

04 April, 2019

Sequoia-backed payments startup BharatPe gets new investor in Series A round

Digital payments firm BharatPe, which services offline retailers and businesses, has raised $15.5 million (around Rs 107 crore) in a ......

Mastercard, Visa losing out to UPI, RuPay: Finance minister Arun Jaitley

Finance

08 November, 2018

Mastercard, Visa losing out to UPI, RuPay: Finance minister Arun Jaitley

India’s finance minister said on Thursday that Mastercard and Visa were losing market share to domestic payments networks, months after ......

WhatsApp rolls out beta version of UPI-based payments feature

TMT

09 February, 2018

WhatsApp rolls out beta version of UPI-based payments feature

After months of speculation, instant-messaging platform WhatsApp has finally started India rollout of its payments service in beta mode based ......

The Mobile Wallet acquires venture capital-backed payment platform Trupay

TMT

30 January, 2018

The Mobile Wallet acquires venture capital-backed payment platform Trupay

Fintech firm The Mobile Wallet (TMW) has acquired payment platform Trupay for an undisclosed amount in a stock deal that ......

WhatsApp may roll out digital payments in India next month: Report

TMT

18 January, 2018

WhatsApp may roll out digital payments in India next month: Report

Come February, sending money could be as simple as sending a text message. Instant messaging platform WhatsApp may make its ......

Digital payments to overtake cash by 2022, says IDC report

TMT

22 December, 2017

Digital payments to overtake cash by 2022, says IDC report

Digital payments in India will overtake cash and non-digital payments by 2022, according to a report from market research firm ......

Google app Tez gets 10 mn users, starts bill payments to challenge Paytm

TMT

05 December, 2017

Google app Tez gets 10 mn users, starts bill payments to challenge Paytm

Tech giant Google said on Tuesday that its payments app Tez has acquired 12 million active users in just 10 ......

PayPal sets up shop in India, launches domestic payments biz

TMT

08 November, 2017

PayPal sets up shop in India, launches domestic payments biz

Digital payments company PayPal Holdings, Inc. has launched its domestic operations in India, it said in a statement on Wednesday.Both ......

RBI sets strict norms for digital wallets, allows interoperability

TMT

12 October, 2017

RBI sets strict norms for digital wallets, allows interoperability

In a fresh set of guidelines for prepaid payment instruments (PPIs), including e-wallets, the Reserve Bank of India has allowed ......