Mobile Wallets

Research

Cash is no longer king: The smartphone becomes the mobile wallet

Indiaretailing Bureau -
The smartphone—already a Swiss-army knife of information, content and entertainment—is rapidly becoming a convenient medium for making payments. Mobile payments* have largely been considered a product for developed markets, but based on current trends in India, they hold just...
Retail

Mobile wallet players laud RBI move to raise spend limits

Mehak Sharma -
Digital wallet companies on Wednesday welcomed the RBI's decision to increase the limits on mobile wallets spend to Rs 20,000 for users and to Rs 50,000 for merchant bank transfers in view of the cash crunch following demonetization of...
Food

Note Ban Impact: Hawkers, small traders move to e-payment

Indiaretailing Bureau -
Unable to undertake transaction in the absence of Rs 500 and Rs 1000 notes, some vegetable vendors and small traders have taken to using cashless means of payment like Paytm and card readers. Naresh Kumar, who owns a grocery shop...
Retail

Demonetization will see boom in non-bank players: Assocham

IANS -
An immediate fallout of the demonetization of high value notes would be a mushrooming growth of non-bank entities like Paytm and Freecharge into the payment business, industry chamber Assocham said on Sunday citing a study. "One immediate fallout of the...
Research

7 trends set to transform the payments landscape in India

Indiaretailing Bureau -
Total payments conducted via digital payment instruments will be in the range of US $500 billion by 2020, which is roughly 10x of current levels, says the report…
Research

Digital payments to grow 10x to $500 bn by 2020: BCG-Google Report

Indiaretailing Bureau -
Over the past few years, the payment landscape in India has mirrored developments occurring in the global payments arena, albeit with a time lag. Although the digitisation of payments in India is a recent phenomenon, the trend has displayed...
Latest News

Arun Jaitley releases CAIT's 40-day 'less cash' campaign

Indiaretailing Bureau -
The Union Finance Minister Arun Jaitley recently released 'less cash campaign' road map of the Confederation of All India Traders (CAIT) which has launched a nationwide campaign for promotion of usage of digital payments across the country. CAIT has decided...
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Latest News

D2CAnagha R Ratna -

Menswear brand Snitch to enter offline market

Brand’s first offline flagship store is set to open on 4 July 2023 at Jayanagar, Bengaluru Bengaluru: Bengaluru-based men's online clothing...
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