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Flipkart-owned mobile payments company PhonePe has crossed 500,000 registered users and has over 1 million downloads from the Google Play Store, reports Mint. Note...
Here’s another startup which is taking a stab at app-based lending. MoneyTap claims to be India’s first app-based credit line where consumers can borrow from partner...
Handset manufacturer Intex has partnered with Tata Teleservices’ mRupee to launch Intex MyWallet, which will let its users make recharges, money transfers, book tickets...
The Reserve Bank of India said that it will be reviewing guidelines for prepaid payment instruments (like mobile wallets and prepaid cash cards) in India....
The Reserve Bank of India (RBI) said that it will be setting up an Acceptance Development Fund (ADF) to boost electronic payments and expand...
Aadhaar validation at ration shops runs into trouble: Maharashtra government’s plans for linking ration cards to Aadhaar cards has run into trouble as there are...
ICICI Bank, the second largest bank in the country, said that only 5-6% of their transactions happen at branches while over 60% of transactions...