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We’re creating sparks right now, the explosion is yet to come: T Koshy, ONDC

T Koshy, managing director and chief executive officer of ONDC speaks about the initiative’s progress so far, its ambitions and potential…New Delhi: On 29 April 2022, Union Minister for Commerce and Industry Piyush Goyal tweeted about a revolutionary initiative...

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...

Retail Tech Case Study: How Apparel Group India managed to grow its e-commerce sales by 30%

In addition to growth in sales, the Apparel Group was also able to achieve 12-14% increase in ‘add to cart’ rate, among other benefits, thanks to finding the right tech-implementation partner New Delhi: Covid-19 compelled several companies to turn their focus...

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...

In 3 years 90% retail digital payments will be UPI: PwC India report

UPI is projected to account for 90% of the total transaction volume in retail digital payments over the next five yearsNew Delhi: Growing at a steady pace, UPI transactions are likely to reach 1 billion per day by 2026-27,...

Simplicity should be the key 2023-24 mantra, says India EAS Index Report

The EAS Index Report identifies customer pain points across their interaction with brands and shares recommendations to ease the sameBengaluru: The India Effort Assessment Score (EAS) Index Report 2023, a neuro-science-based study generated by Terragni Consulting says that simplicity should...

RBI pauses onboarding of online merchants by Paytm Payments Services; firm says no material impact on biz

Paytm will not onboard new online merchants till the time approvals from RBI remain pending. It will, however, onboard new offline merchants and offer them payment servicesNew Delhi: Banking regulator Reserve Bank of India (RBI) has put a pause on...

Zepto enhances its UPI payments experience; integrates Cashfree Payments Gateway API

Zepto has integrated Cashfree Payments’ Payment Gateway API into its mobile app to enable a faster checkout experience for customersBengaluru: Zepto, the 10-minute grocery delivery service, will now be able to offer faster and a more intuitive payments UPI experience,...
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Honasa board approves amalgamation of Fusion Cosmeceutics, Just4Kids with it

Fusion Cosmeceutic's standalone revenue was Rs 76.61 crore and Just4Kids had revenue of Rs 4.05 crore on December 31,...
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