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Facebook, Paypal invest in Indonesian ride-hailing, digital payments firm Gojek

Facebook and Paypal have announced to invest in Gojek, Indonesias first and fastest growing app for ordering food, shopping, commuting and making digital payments...

7.26 million records of BHIM users data leaked: Report

Security researchers have discovered that about 7.26 million records linked to users of mobile payments app BHIM were left exposed to the public by...

BharatPe hires ex-Walmart Labs executive in senior role

Merchant fintech start-up BharatPe has announced to appoint ex-Walmart Labs executive Ankur Jain as Chief Product Officer. Jain will contribute to BharatPe’s aggressive plans...

Pine Labs launches instant payments

Pine Labs, one of Asia’s leading merchant commerce platforms has introduced Instant Payments, another remote payment acceptance option following the success of ePOS by...

Google Pay’s ‘Nearby Spot’ now available in 35 Indian cities

Google Pay has announced that it’s ‘Nearby Spot’ feature is now available in 35 cities across the country. Last month, Google Pay launched a...

Mobile wallets Q1 transactions volume drops 4% in India: Report

The number of transactions done on mobile wallets in Q1 2020 was 1.08 billion and the value of transactions was Rs 429 billion in...

Digital payments fraud concerns up in India amid COVID-19

Almost half of Indian consumers are more concerned about digital payments fraud now than when COVID-19 first emerged, said a survey. Nearly one third...

Indian messaging platform to build payments solution for feature phones

An Indian messaging platform has won a $100,000 challenge to build a payments solution for feature phones in the country. This assumes significance as over...

Will not go ahead with payments’ scheme without compliance, WhatsApp tells SC

Social media platform WhatsApp has assured the Supreme Court that it will not roll out its payment services without complying with all payment regulations...

Samsung working on smart debit cards to take on Apple Card

After witnessing the success of Apple credit card, Samsung is now working on its own physical and virtual smart debit cards that will allow...