Fintech Open Hackathon

On February 17, 2022, the leading digital payments platform PhonePe announced that, NITI Aayog will host the first ever ‘Fintech Open Hackathon’ by collaborating with it. Key Facts The first-ever open-to-all hackathon will be organised with the aim of showcasing path-breaking solutions ..

Month: Current Affairs - February, 2022

Category: Important Days & Events Current Affairs

PhonePe’s Pulse Report on Digital Payments

India’s leading Fintech platform, PhonePe, which has now 300 million users, has introduced an interactive website called PhonePe Pulse, comprising of data, insight and key trends on virtual payments. Key Points PhonePe Pulse website features millions of transactions done by ..

Month: Current Affairs - September, 2021

PhonePe to serve as Direct Insurance Broker

India’s fastest growing Insurtech company, PhonePe, announced it has got an Insurance Broking license issued from the Insurance Regulatory and Development Authority of India (IRDAI) and it will now serve as Direct Insurance Broker. Highlights PhonePe entered the Insurtech sector ..

Month: Current Affairs - August, 2021

PhonePe- Flipkart to launch contactless ‘Scan and Pay’ feature

Digital payments platform PhonePe has tied hands with Flipkart to launch a contactless ‘Scan and Pay’ feature for Flipkart’s pay-on-delivery orders. Key Points Dynamic QR code solution of PhonePe will enable customers, to pay digitally through UPI Apps during the ..

Month: Current Affairs - July, 2021

Flipkart to acquire Cleartrip

Flipkart recently announced that it is to acquire Cleartrip.  Cleartrip is a leading online travel and technology company. About Cleartrip Cleartrip was founded in 2006. The company books train and flight tickets, hotel reservations and other activities in India and ..

Month: Current Affairs - April, 2021

Digital India: India leads in Digital Payments

The UK based payments system company ACI recently released a report on digital payments. According to the report, India has the highest number of real-time online transactions in 2020. Key Findings of the Report The Digital payment market of India ..

Month: Current Affairs - April, 2021

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 with India’s only London Bullion Market Association (LBMA)-accredited gold refinery, Google Pay ..

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 outlets nationally. As part of the pilot program, PhonePe PoS devices have ..