The above graph represents the PhonePe revenue and net loss by year, starting from fiscal 2016 to fiscal 2019. Walmart-owned digital payment startup PhonePe witnessed a huge jump in its revenue and losses during the financial year ended March...
More than 95% Indian e-wallets could cease to be operational from March, owing to non-compliance with RBI’s directives. As per an RBI directive issued in October 2017, all Prepaid Payment Instruments (PPIs) and mobile wallets were asked to collect...
Unless you have been living under a rock for the past year or so, you must have some idea about the meteoric rise in popularity of mobile wallets in India. The sudden explosion in popularity and the subsequent ‘arms...
