Digital payments: ‘Change in focus important to drive next phase of growth’ BS Events

Digital payments: ‘Change in focus important to drive next phase of growth’  BS Events

premium price Sharath Bulusu, Google Pay; Arif Khan, Razorpe; Jatinder Handu, Digital Lending Association of India (DLAI); Kalyan Kumar, Punjab National Bank; and Vishwas Patel, Infibeam Avenues and Chairman, Payments Council of India The favorable environment coupled with factors such as Jan Dhan-Aadhaar-Mobile (JAM) trinity and NPCI (National Payments Corporation of India) infrastructure in the […]

PhonePe to add some Paytm customers after RBI action on PPBL: CEO | Company News

PhonePe to add some Paytm customers after RBI action on PPBL: CEO |  Company News

Sameer Nigam, founder and CEO of digital payments company PhonePe Company co-founder and chief executive officer (CEO) Sameer Nigam on Monday said PhonePe will add a proportionate share of customers to its user base in situations where its competitors are suffering losses. Nigam was in conversation with Shraddha Sharma, Founder and CEO, YourStory, at […]

RBI proposes alternative authentication framework streamlining AEPS

RBI proposes alternative authentication framework streamlining AEPS

According to experts, this move is expected to boost innovation and increase security in the field of digital transactions. The Reserve Bank of India has proposed to adopt a principles-based framework for authentication of digital payment transactions to promote alternative methods of additional factor authentication, other than SMS-based one-time passwords. Governor Shaktikanta Das said that […]

CEO Vijay Shekhar Sharma tries to save Paytm amid regulatory crisis

CEO Vijay Shekhar Sharma tries to save Paytm amid regulatory crisis

Vijay Shekhar Sharma, Founder, Chairman and CEO – One97 Communications (Paytm) Vijay Shekhar Sharma, whose story of becoming rich is not untouched by controversies. Now, India’s startup king faces arguably his biggest crisis yet in the race to save his revolutionary digital payments firm, which once counted Warren Buffett as a backer. Sharma has put […]

PAT Rs 38.05 crore, revenue from operations increased by 43%

PAT Rs 38.05 crore, revenue from operations increased by 43%

PB Fintech, parent of online insurance aggregator Policybazaar, on Tuesday reported its first quarterly profit since its listing as rising demand for insurance boosted revenue. The company, which also operates online credit marketplace Paisabazaar, posted a consolidated net profit of Rs 38.05 crore ($4.58 million) in the quarter ended December 31, compared with a loss […]

Google Pay signs deal with NPCI to expand UPI payments outside India

Google Pay signs deal with NPCI to expand UPI payments outside India

The deal focuses on simplifying the process of remittances between countries using the UPI infrastructure Google India Digital Services and NPCI International Payments Limited (NIPL) have signed an agreement that will help expand UPI payments to countries outside India. The Memorandum of Understanding (MoU) will enable Indian travelers to make payments in other countries through […]