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Ant Financial to raise a $1 billion Startup Investment Fund
China’s largest internet finance operator is bankrolling expansions outside of China to arrest slowing growth at home, where it is also battling Tencent Holdings Ltd. for supremacy in mobile payments and finance.
Shopmatic signs partnership with PayU
At present, Shopmatic allows shoppers to pay via UPI, eWallets, debit and credit cards, and net-banking...
Personal finance takeaways from RBI's monetary policy
For the fifth consecutive time this calendar year, the Reserve Bank of India (RBI) slas...
Paytm aims USD 2-3 bn GMV from educational services portfolio
Under the enhanced portfolio, the ecommerce firm will bring in products like insurance for tuition fee, loans, co-branded smart debit cards, test-taking platforms, among other services.
Is receiving money from friend through e-wallet taxable?
Through e-wallets and UPI, it has become easy to send and receive money through your phone. Often, debts to friends may be settled in this manner.
Not charging extra for digital transactions: Paytm
"Paytm customers will continue using all the services available on the platform without any fee," Paytm said in a statement.
Two users conned by Ola driver, lose e-wallet money in fraud
Both live in the same posh residential complex on Jogeshwari-Vikhroli Link Road (JVLR) and were conned by the same Ola driver. Ola said it has suspended the driver.
Most e-wallets may get invalid by Feb
Wallets saw exponential growth in the immediate post demonetisation period, but the growth has slowed over time, with de-growth in the last month for which data is available.
Most install e-wallet, but don’t use it
Indian apps seem to have better retention power than their global peers, who have a higher uninstallation rate of 35%.
Relief to e-wallets: RBI extends KYC compliance norms by six months
E-wallet companies were caught in a bind over looming deadline as companies were apprehensive that they will not be able to meet the central bank's deadline.
Relief to e-wallets: RBI extends KYC compliance norms by six months
E-wallet companies were caught in a bind over looming deadline as companies were apprehensive that they will not be able to meet the central bank's deadline.
5 ways RBI has made e-wallets safer for users
Reserve Bank of India has mandated a range of safety valves to protect prepaid payment instrument customers.
Delhi woman loses Rs 1 lakh to e-wallet fraud
The woman claimed that she was having problems with her e-wallet account and started searching for the customer care number on Thursday.
RBI releases norms for facilitating money transfer among e-wallets
As per analysts, this will boost the use of digital payments in the country.
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