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PhonePe crossed two-billion mark transactions through online and offline merchants

The digital payments platform, PhonePe, announced on Monday, that it touched the 2-billion mark in terms of the number of transactions carried out on the application....

PhonePe expands in-app merchants, partners with MPL

The digital payments platform, PhonePe, has planned to add more in-app merchants as part of its next growth plan. The company started partnering and integrating other applications last...

Paytm led the UPI transaction race in January 2019

Following demonetization by the Modi-led Government and the launch of the digitization drive in the country, more citizens in the country have adopted Unified...

PhonePe to enter the financial services sector

PhonePe, which is Flipkart’s payments arm, is all set to enter the financial services sector. The company, which will begin by selling mutual funds...

Google to comply with Reserve Bank of India’s data localisation rules

Google will comply with Reserve Bank of India’s data localisation rules, following a meeting between Google CEO Sundar Pichai and India’s IT minister Ravi...

Flipkart-owned PhonePe announces partnership with Ola

PhonePe, a payments application based in Bengaluru, announced its partnership with ride-sharing company, Ola, on June 14. The partnership will ensure that customers can...

Flipkart commits $500 million investment in PhonePe

PhonePe, a mobile payment app could change the e-wallet category in the country, with Flipkart committing to invest $500 million in the company. This...

RBI’s new regulations and KYC norms for e-wallets

The Reserve Bank of India (RBI) has released new regulations for e-wallets, increasing the complexity of payments and cost of doing business. This has...