Tag: digital payments

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What’s in NPCI’s wallet? A plan to unclog banking channels

The National Payments Corporation of India (NPCI) is considering a lower, uniform interchange fee to encourage mobile wallet companies to step up their...

Razorpay, Cashfree stop direct integrations with Juspay; Pine Labs to continue partnership

The intensifying competition in digital payments has split the merchant payment industry. The symbiotic relationship between payment aggregators Razorpay and Cashfree and payment...

UPI is a marvel for the world: PM Modi on Nikhil Kamath podcast

India's Unified Payments Interface (UPI) is a marvel for the world, prime minister Narendra Modi told Zerodha cofounder Nikhil Kamath on his podcast....

MobiKwik shares skyrocket 14%, rally extends to second day

Shares of One MobiKwik Systems skyrocketed 14% in early trading today to a high of Rs 605 on the BSE, having surged 37%...

Razorpay: Need till 2026 to hit full profitability, expect to grow by 50% over previous year: Razorpay CEO

Digital payments firm Razorpay is seeking Reserve Bank of India approval to move its parent company’s domicile to India from the US. The...

GoKwik: GoKwik partners with Fi Money to boost prepaid payments for D2C brands

Ecommerce enabler GoKwik has partnered Fi Money which will help enable instant card-based discounts on direct to consumer (D2C) brands.Fi Money will integrate...

Paytm: Paytm to add Rs 2,364 crore to its kitty through sale of PayPay shares

One97 Communications (OCL), which runs digital payment platform Paytm, has announced that it is selling its 5.4% shareholding in Japanese payment company PayPay...

PhonePe: ETtech Explainer: Behind PhonePe call to end third-party deals

Online payments major PhonePe has informed its merchants that its payments solutions will be offered to them through direct integrations, thereby stopping all...

PhonePe: PhonePe ends pact with Juspay, stops third-party integrations for merchant payments

Digital payments major PhonePe has decided to discontinue its partnership with payment orchestration platform Juspay. Instead, the Walmart-backed company is opting for direct...

UPI transactions: UPI reigns supreme in digital payments kingdom

Unified Payments Interface (UPI) surpassed 10 billion merchant transactions in October, recording a 53% year-on-year surge at the peak of the festive season...

LTIMindtree: LTIMindtree extends deal with Europe’s Nexi Group by over 2 years

LTIMindtree, India’s sixth largest IT services company, has secured an extension of a key contract from European payment solutions provider Nexi Group, the...

UPI transactions: This festival of lights, UPI lit the biggest fireworks

It was not just the lights and fireworks that went big on Diwali night this year, the country's digital payment highway-Unified Payment Interface...