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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...

National e-commerce policy in final stages; to be presented before top-level: official

The proposed policy would take into account the interests of all stakeholders, like investors, manufacturers, MSMEs, traders, retailers, startups and consumersNew Delhi: The proposed national e-commerce policy being formulated by the commerce and industry ministry is in the final...

Simpl introduces AI-powered checkout suite to minimise CoD losses

Simpl aims to replace CoD with an alternate system by working with ecosystem partners and through its AI-powered offerings Bengaluru: Checkout network Simpl has introduced artificial intelligence (AI) enabled checkout suite with an aim to reduce losses from cash on delivery...

All components of digital commerce should be available to everyone: Saahil Goel of Shiprocket

Saahil Goel, co-founder and chief executive officer of Shiprocket explains the journey and growth of e-commerce in India during his keynote speech at Shiprocket Shivir 2023New Delhi: Saahil Goel, co-founder and chief executive officer of Shiprocket said e-commerce at...

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...

Chennai city ranks among top 5 in digital payment transactions in 2022: Report

Bengaluru emerged on top with 29 million transactions worth $65 billion followed by New Delhi 19.6 million transactions worth $50 billion Chennai: Chennai has emerged as one of the top digital payment transactions cities in 2022 in the country, a...

PhonePe forays into local commerce with Pincode app on ONDC network

The Pincode app will be available initially in Bengaluru and it will expand to other cities after the app achieves transactions of around 10,000 per dayNew Delhi: Walmart-backed PhonePe on Tuesday announced its foray into local commerce with the launch...

How digital payments are driving India’s e-commerce

The rampant increase in smartphone users and easy accessibility to the Internet are some major boosters for this expansion. Keeping in line with the Digital India movement, more and more companies are building a presence online to reach the...
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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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