Mobile Wallet

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...

With 73.9 Million Users, India Mobile Payments Market Is Poised For a Significant Growth

When India was facing the issue of currency change, at that time, mobile payment arrives and moonwalks in as the ‘Savior.' Back then, it could go by something that is the 'latest wrinkle', however, as of now, it is...

Users Dilemma: RBI KYC Norms Choke Digital Wallets

RBI agrees on wallet money to be used without KYC (Know Your Customer), but with conditions. 28th of Feb, which is tomorrow, supposedly happens to be the last day for completion of the mandatory KYC compliance by Prepaid Wallet users....

Google To Take On PayTM And Hike With The New “Google Tez” Digital Payment Service in India

Reports have recently emerged that Google is planning to launch its own mobile payments service in India in the near future. Dubbed as "Google Tez", the new service will be an India specific service at launch but might be...

Why Are Google, Facebook And Whatsapp Bullish About Digital Payment Services?

India is going digital. From productivity to entertainment, Indians are increasingly reliant on technology to fulfil their myriad needs. However, while numerous facets of the Indian industry have adopted digital platforms readily, financial transactions remained anachronistically antiquated for a long...

Can Hike Finally Knock Whatsapp Off From The Top With Their New Integrated Mobile Wallet?

In what can be considered a big win for the underdog, homegrown Indian messaging app Hike has released their mobile wallet system before any of their competitors. In a market where numerous players are looking to make a splash,...

Paytm Suspends Its Hush-Hush Plan To Charge 2% Fee on Credit Card Transaction

Paytm has suspended the half backed strategy to prevent the misuse of cash withdrawal from credit card via Paytm at 0% fee. After much uproar, criticism and questions Paytm has apparently realised the move could bring in more of inconvenience...

Apple Pay, Android Pay, Samsung Pay, LG Pay: NFC And Mobile Wallets Are Ready To Take Over Retail

For a modern smartphone user, their device is more than just a handheld computer, often times it is their closest companion, assisting in every aspect of their day to day lives. As such, it is not difficult to imagine...

Impacts Of M-Commerce Over E-Commerce: [Infographic]

Proliferation of Smartphone and Tablet has influenced the life style of people around the world. According to an infographic by “Big Commerce”, 35 million NFC enabled Smartphone were shipped during last year and 1.2 billion NFC-enabled smartphones are expected...

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Facebook’s Past Comes Back To Bite As South Korea Fines Them For 2018 Scandal

The social media behemoth Facebook Inc. (NASDAQ:FB) has once against proved they are the true arch-nemesis of...
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Amazon Future Group Dispute Deepens As Singapore Court Turns Down Future Group Plea

The dispute between Amazon and Future Retail is, apparently, far from over anything soon as the Singapore International Arbitration Centre (SIAC) has...

Google Pay Fee On Instant Transfer: An Indication Of Google’s Aggressive Monetisation Strategy?

Google has decided to levy fee on instant payment, starting from the US market. A few days back, Google...

Twitter Account Verification Is Back, But Has it Lost Its Mojo?

Twitterati queue up! As the Twitter account verification process which is responsible for awarding blue badges prepares to...

Paytm Lawsuit Impact: TRAI Slaps Fine On Jio, Airtel, BSNL And Other Telcom Operators

The emergence of e-wallets brought along with itself a big uprise in notorious phishing scammers who prey on unsuspecting consumers by pretending...