Topic: Mobile payments in India

Google joins hands with Union Government for ‘Digital Payment Abhiyan’

Nasscom’s Data Security Council of India (DSCI) has recently collaborated with the Ministry of Electronics and Information Technology (MeitY) and Google India to launch a nationwide awareness campaign...

September 20, 2019

Paytm which is a Noida-based e-commerce payment system and digital wallet company has launched an option of recurring payments for its merchants to enable recurring payments. It has...

May 1, 2019

ETMONEY becomes India’s first financial services app to integrate UPI

ETMONEY, India’s largest app for financial services has integrated UPI (Unified Payment Interface) as a payment method on its platform as it looks to double its monthly user...

April 21, 2019

Google Pay ties up with MMTC-PAMP India to launch gold buying feature

To make Google Pay more useful for Indian customers, Google has partnered with MMTC-PAMP India to introduce buying and selling of gold through the app. Through this partnership...

April 13, 2019

India Post Payments Bank (IPPB) ties up with FSS to create payments network for unorganized retail

The India Post Payments Bank (IPPB) has partnered with Financial Software and Systems (FSS) to create payments network for unorganized retail. FSS is a payments technology company that...

September 12, 2018

BHIM-Aadhar Payment System

The BHIM Aadhaar platform and application seek to minimize the role of plastic cards and point of sale machines, which hitherto are believed to be essential for cashless...

April 7, 2018

The Aditya Birla Idea Payments Bank starts operations

The Aditya Birla Idea Payments Bank Ltd (ABIPBL) has become the 5th entity to begin operations as a payments bank with effect from February 22, 2018. The ABIPBL...

February 26, 2018

PhonePe partneres with Indian Oil Corporation Limited for deployment of PoS terminals

PhonePe, the online payment service provider, has partnered with Indian Oil Corporation Limited (IOCL) to deploy its own Point of Sale (POS) payment terminals across all IOCL retail...

February 19, 2018

Biswamohan Mahapatra appointed as non-executive chairman of National Payments Corporation of India

Biswamohan Mahapatra has been appointed as non-executive chairman of the National Payments Corporation of India (NPCI) for a period of two years, with effect from February 8, 2018....

February 10, 2018

Dilip Asbe appointed as new Managing Director and CEO of NPCI

Dilip Asbe has been appointed as the new Managing Director and CEO of National Payments Corporation of India (NPCI). Prior to this, Asbe was CEO-in-charge of NPCI. He...

January 11, 2018

The Union government to bear MDR charges to promote digital transactions

To promote digital transactions, the union cabinet has recently decided to bear the Merchant Discount Rate (MDR) applicable on digital payments via debit cards, etc., up to Rs...

December 19, 2017

The Union government engages ICICI to enable cashless payments on e-NAM

The Union government has engaged private lender ICICI Bank to enable online payments at 470 mandis integrated with national portal of electronic National Agriculture Market (e-NAM). At present,...

December 19, 2017