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UPI, Credit to further drive digital payments in e-commerce: Experts

According to experts speaking at the Internet Commerce Summit, international adoption of UPI, increase in transaction limits and credit offered by e-commerce players are the hallmarks of the digital payments evolution Bengaluru: Notable changes are on the cards for Unified Payments...

Amazon Pay launches sign language video KYC service

The service enables two-way video communication in sign-language between Amazon Pay employees and customers Bengaluru: Online payments processing service Amazon Pay has launched a video sign language know your customer (KYC) service for its hearing and speech impaired customers, the company...

Alternative payments account for 60% of e-commerce market in India: Report

Over the last five years, alternative payment solutions like Amazon Pay, Google Pay, and Paytm have consistently risen in popularity among Indian consumers Bengaluru: With a market-share of about 58%, alternative payment methods such as mobile and digital wallets have...

Digital payment via UPI spikes on person-to-merchant transaction growth: Report

The number of UPI transactions in January 2018 was 151 million, and it reached 9.3 billion in June 2023, primarily driven by the growth in P2M transactionsNew Delhi: Digital payment through Unified Payments Interface (UPI) has seen a multi-fold jump...

The offshoots: 12 startups founded by former Flipkart employees

From fitness to fintech, here are 12 diverse startup businesses founded by individuals who were once part of the Flipkart team Bengaluru: Flipkart is the model success story of an Indian e-commerce startup. The homegrown e-commerce platform Flipkart was founded...

Paytm monthly users increase by 19% to 9.3 crore

Payment volumes for merchants or Gross Merchandise Values (GMV) rose 39 per cent on-year at Rs 1.47 lakh croreNew Delhi: Fintech company Paytm on Thursday said its average monthly users rose by 19 per cent on-year to 9.3 crore.Merchant subscriptions...

PhonePe launches one-stop POS solution for merchant partners

The device will enable merchants to accept payments via debit cards, credit cards and UPI and it is built on the Android platform New Delhi: Walmart-owned digital payment company PhonePe has launched a point-of-sale (POS) device that will enable merchants to...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey

According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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