digital payments

PhonePe Net Loss by Year: FY 2016 – 2019

The above graph represents the PhonePe net loss by year, starting from fiscal 2016 to the recently completed year. Walmart-owned digital payment startup witnessed a huge surge in its net losses during the financial year ended March 31, 2019....

Growth in PhonePe Revenue By Year: FY 2016 – 2019

The above graph represents the growth in PhonePe revenue by year, starting from the fiscal year 2016 to the recently completed year. The Flipkart-owned PhonePe reported its highest-ever annual revenue of Rs 245.8 crore in FY 2019, with a...

Covid-19 Claims Digital Payments In India As Latest Victim: 30% Slump In Transaction Volume

Gues, who is the latest victim of Coronavirus - Digital Payments in India! The increased countrywide panic in India due to the coronavirus outbreak has caused shops to shut down, travel bookings to getting cancelled and consumers to slowing down...

Paytm Insurance Is Finally Here: Banking On Large Merchant Network

Long anticipated Paytm Insurance would be an option for you when you will renew your insurance next time. Paytm, the leader in Indian digital payments has finally gotten itself a brokerage licence in exchange for their corporate agency licence. The...

Digital Payments in India: UPI Stands Triumphant Over Debit and Credit Cards

UPI or the Unified Payments Interface has become one of the fastest-growing payment platforms in India and has draw attention of global policy-makers as well. It is now regarded as an important institutional and public policy innovation. On Thursday, revelations...

TikTok Owner ByteDance Gearing Up To Challenge Facebook, Apple And Amazon!

ByteDance Inc. doesn’t want their massive success to go downhill after its blockbuster video app TikTok blew up in the social media space in a huge way. The company has reportedly been looking into expanding and getting into different...

Global Online Payment Frauds: Over $200 Billon Would Go Down The Drain In The Next 5 Years [REPORT]

The online payment frauds are becoming a new nightmare for digital users and authorities as well. It has been estimated that a whopping $200 billion will be lost globally by businesses whose primary domain happen to be e-commerce, airline...

PayPal To Throw Their Hat In The Ring For UPI Payments Service In India

It was more than two years ago wherein Paypal, the global digital payments giant decided to launch its operations in India in a full-fledged fashion. Now, the world's largest online payment platform is reportedly planning to move into the...

Paytm And PhonePe Will Spend Jaw-Dropping Amount On Marketing Efforts In 2020

It has recently been reported that Paytm and PhonePe which are leading digital payment companies of India have combined allocated a humongous sum of Rs. 2000 crores to spend on marketing in the year 2020. The top executives at...

PhonePe Revenue and Net Loss by Year

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...
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Apple and Google may have to pull Tiktok down from their app stores

Whenever it appears that Bytedance-owned TikTok has overcome all legal troubles a new challenge mushrooms every time. However, this...
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