Mobile payments in India
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 ‘Digital Payment Abhiyan’. The campaign will educate end-users on the benefits of ..
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 also started its own subscription business at an annual fee of Rs ..
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 base by the end of the year. The integration of UPI will ..
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 with India’s only London Bullion Market Association (LBMA)-accredited gold refinery, Google Pay ..
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 enables micro-merchants to accept payments online, or via Unified Payments Interface (UPI), ..
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 transaction. Under this, a customer has to link his bank account with ..