Mobile payments

Mobile payments is still in its early stages, in India & on a global level. While there is widespread awareness, the actual usage numbers are disappointing.

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…

RBI is working towards making funds transfer via smartphone easier and more secure. This was revealed by the RBI Governor, Raghuram Rajan, while speaking at the IDRBT Banking Technology Excellence Awards function. Rajan also shared that…

Sound wave technology for payments is slowly gaining traction and we have already seen Paytm, ToneTag and Tech Mahindra’s MoboMoney adopting it. This technology is extremely useful for phones that do not support near field…

Chillr, a leading Indian mobile payment app, in a bid to improve its services and allow easier disbursements, has launched a new payment service called ‘Mass Pay’. The new service works on IMPS platforms and allows users to make bulk…

Those who are into the business of technology, for example handset manufacturers, know that mobile payment is the single biggest disrupter of the industry. And this is the reason, we may witness some major disruptions in this sector.…

Paytm is aggressively gaining ground in the offline payments space. The number of initiative launches over past few months are a clear indication of that fact. Now, according to a report by Gadgets360, Paytm wallet may soon be accepted…

Paytm, India’s largest mobile payment and commerce platform, announced launch of Virtual prepaid cards for consumers in partnership with ICICI Bank. The prepaid card will be a co-branded card and will be linked to user’s paytm wallet.…

Offline usage of Mobile wallets has drastically increased since the start of this year – we have been saying this for a long time - Mobile wallets are slowly replacing physical wallets and here is the proof. Mobikwik, one of the…

So the question that we put to our readers a few days back – Whether mobile wallets will replace physical leather wallets? – it seems, we are pretty much on track to get a ecosystem where that can be a real possibility! Paytm,…