Tag: PhonePe

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Why digital payments firms are shutting out third party routers

Digital payment companies are facing three big challenges--a shrinking revenue pie, increased regulatory scrutiny and increasing competition.The industry executives ET spoke with said...

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...

Binny Bansal: After Flipkart, Binny Bansal steps down from PhonePe board

Flipkart founder Binny Bansal has stepped down from the board of PhonePe, the company announced. This follows Bansal’s departure from the Flipkart board...

UPI: UPI sets new record as transaction volume crosses 15 billion

The Unified Payments Interface (UPI), operated by the National Payments Corporation of India (NPCI), set a new record by processing more than 15...