Mobile payment

Number of UPI Transactions In March 2022: Hit A Record 5 Billion and Counting

The number of UPI transactions surpassed the 5 billion mark for the first time in March 2022, two days ahead of the month-end. According to the National Payments Corporation of India (NPCI) tweet, the transactions through the Unified Payments Interface...

In The Era of UPI, Wallet And Bank Apps, Pay By Link Transaction Is Equally Popular [STUDY]

Many believe that payment links via SMS or WhatsApp are a matter of the past as UPI, mobile wallets and Banking apps are fast taking over with the exploded adoption of smartphones and apps. The recent data related to...

The Number of UPI Transactions: 1 Billion And Counting!

The total number of UPI transactions in India has crossed the 1 billion mark for the first time in October 2019. It also makes the Unified Payment System, (UP) the fastest growing mobile payment system in the world. UPI, which...

Truecaller Acquires Chillr To Strengthen Its Presence In Mobile Payment Segment

In early 2017 when Truecaller launched Truecaller Pay, a UPI-based transaction feature, it became immediately clear that the caller identification company has big plans to penetrate the flourishing mobile payment industry. Today, the company has solidified its commitment by acquiring Chillr -...

Why Businesses Must See Mobile Payment As A Gateway To Success

If you think that “everyone” has a mobile phone, well, you’re almost right. According to a 2015 report from Cisco, 5.5 billion people will own a mobile phone by 2020 - a staggering 70% of the world's total population....

Smartphone Consumers Behavior In 2012: 50% Went Online Multiple Times In A Day

Last year, slew of high-end smartphones were launched by variant vendors across the world. Apparently, 700.1 million smartphones were sold in 2012, up from 490.5 million a year ago. Furthermore, there would be 1.4 billion active smartphones by the end of...

NFC Mobile Transactions To Touch $191 Billion In 2017: Is Apple Missing Something ?

Mobile payment is expected to mount up by four folds to $1.3 trillion in 2016 and NFC will play a significant role in overall mobile transactions in upcoming years. However, the penetration of NFC mobile payment is still meager,...

Mobile Payments To Reach $1.3 Trillion Annually By 2017: Juniper Research [Study]

At present, mobile banking is considered as one of the convenient mode of transactions. Yesterday, I discussed about how banking sector is now relying on mobile apps or optimized web page for mobile devices for transactions--related to balance inquiry or cash...

Top 6 Myths About Mobile Payment: It’s Time To Grow Up [Infographic]

The explosive growth in global mobile industry has triggered the adoption and development of mobile app ecosystem. Users are becoming more demanding and pushing their devices for peak performance activating various services on their mobile devices. Witnessing the transformation...

Google Wallet’s Strong Penetration Could Threaten PayPal In Mobile Payment Space

It's almost the complete of one year of Google Wallet services and it has made a strong penetration among mobile payment users. On the other side, its competent "PayPal" also seems very aggressive this time. Recently, it has signed an...
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