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Mobile Wallet
Now, PayPal Wants To Launch A Mobile Wallet In India, Seeks A PPI Licence
As the mobile wallet industry gets heated up in the country amidst intense competition, PayPal, world’s leading online money transfer service is planning to launch its own mobile wallet in India.
According to sources familiar with…
Paytm Introduces Digital Food Wallet; Will Compete With Sodexho Food Vouchers!
Most employees, especially in IT sector, know Sodexho food vouchers. They are a small, yet an integral part of the salary. These food vouchers are used not only to dine in restaurants or canteens but also to buy groceries and other…
Amazon’s eWallet Gets RBI License; Will Now Directly Compete With Paytm, Freecharge &…
Reserve Bank of India has finally approved Amazon’s digital wallet and provided them with the license to operate a full-scale eWallet. This now puts Amazon in direct competition with existing digital wallets such as Paytm, Freecharge,…
Paytm Goes International! Paytm Bill Payment Launched in Canada!
Paytm started out in Canada back in 2014 as a two-member team in Toronto. Today that entity if 55-member strong and works on software, data and machine learning for mobile wallet payments.
Today, the company has launched the Paytm…
Digital Wallet Companies Turn Down Govt Proposal For Insurance Of e-Transactions; Claim They Are…
In order to provide better security and safety towards wallet based transactions, Govt. of India had initiated talks between mobile wallet companies and insurance companies. Govt. had aimed to create a framework wherein every e-wallet…
Money Transfer Among Different Mobile Wallets Will Soon Be Possible, Thanks To RBI
We all know the advantages of using mobile wallets for making transactions digitally. Mobile wallets companies are pushing their usage very aggressively too, but one thing which was always bothered me about the mobile wallets is their…
Paytm Launches Recurring Billing For Digital Subscriptions!
If you have used apps like Saavn and Gaana, you would know about recurring bill payment service run by Paytm. Users can choose to pay through Paytm every time the subscription is required, making it convenient for both the customers and…
Paytm Reverses Decision of 2% Extra Charge on Credit Card Recharges
Acting in the good interest of its loyal customers, Paytm, India’s leading mobile wallet, has suspended its decision to charge its customers 2% extra for recharging via credit cards. This decision reversal comes within 24 hours of the…
Paytm Complains Misuse Of Their Wallet With Credit Card Transfers; Imposes 2% Fee On Credit Card…
India’s largest mobile wallet and soon to be launched Payments Bank, Paytm, has for the first time ever, punished all their users for the mistakes of few. Taking a tough stand on the issue of misusing the privileges of their wallet,…
Samsung Pay is Finally Available in India and Here’s How To Get It!
Korean electronics manufacturer, Samsung Mobile, was testing its NFC-enabled payment solution, Samsung Pay in India. Today, the company has finally unveiled this payment platform in India for select few Samsung Galaxy Android…
Uber Integrates Jio Money Wallet For Payments; Soon, Book Uber Through Jio Money App Itself!
It has over two years since Uber forged ties with Paytm exclusively to allow wallet payments for cab rides. This was probably the biggest win for Paytm as it allowed the users to make cashless payments and avoid the hassles of cash…
Paytm To Invest Rs. 600 Crore To Expand Their QR Code Ecosystem With Sellers!
The Government had planned to increase the adoption of QR(quick response) codes in the later part last year, as it pushed for a cashless economy. QR codes are easier to use, and only require a camera in the phone that is to be used.…
HDFC MD Says Wallets Like Paytm Have No Future; Snapdeal May Merge With Paytm As Losses Increase To…
Indian e-commerce and digital wallet industry is right now undergoing a tremendous transformation, as legendary leaders are questioning the very basic business model and once flamboyant e-commerce portals are on the verge of closing…
‘Pay By Amazon’ Wallet Can Now Be Used To Pay 3rd Party Transactions; Digital India Vision Is…
‘Pay by Amazon’, Amazon’s own payment solution which now includes their own wallet, has been expanded to pay for 3rd party transactions as well. As per a recent push to increase its usage, Amazon India has tied up with 25 digital…
Now, Invest in Mutual Funds Through FreeCharge!
Snapdeal-owned FreeCharge is trying to spread it’s wings in order to compete with likes of Paytm and Mobikwik, and have now now come up with an interesting concept that can go up against some banks.
FreeCharge customers will now be…
ICICI Bank Blocks PhonePe’s Transactions As War Of Wallets Is Ignited!
With the emergence of mobile wallets which will soon double-up as your personal, paperless bank, India is witnessing a unique ‘War of Wallets’ as traditional banks are becoming increasingly afraid of the new-age digital economy.
If…
Mobikwik Challenges Paytm’s Claim Of Fancy Numbers; Vijay Shekhar Sharma Says They Will Change…
War of words has broken out among founders of mobile wallets in India, as Mobikwik is directly challenging Paytm’s claim of fancy, ambitious numbers. Meanwhile Paytm founder Vijay Shekhar Sharma, unfazed by the criticism, has claimed…
AIIMS Goes Cashless with MobiKwik Wallet Facility
If there is one digital wallet giving competition to Paytm, it is MobiKwik. In the past, the company has partnered with IRCTC, Makemytrip & Cleartrip, StoreKing and WHSmith to bring cashless transactions for the customers. Apart…
Cashless Initiative at 10 Metro Stations Put on Hold; Arvind Kejriwal Requests Enquiry into the…
From the first day of 2017, ten metro stations in Delhi were supposed to go cashless to promote digital transactions and a cashless economy. DMRC had earlier tied-up with Paytm to go completely cashless at these 10 metro stations.…
3 Reasons BHIM App Can Give Paytm, Freecharge, Mobikwik A Run For Their Money
2 days before 2016 ends, Indian Govt. has given a solid parting shot for its cashless, digitalized economy. Bharat Interface for Money or BHIM app has been launched by the Govt. which simplifies the process of cashless transactions, and…