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

india-mobile-payments-2018
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 justifiably a trend!According to eMarketer, this trend has hit India really hard, making the country the world's fastest-growing "proximity mobile...

Users Dilemma: RBI KYC Norms Choke Digital Wallets

e-wallet-another
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. RBI has come out in the favour of Digital Wallet users and assured that their Wallet money is safe and...

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

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 expanded to other countries like Indonesia and Philippines in the future.Google's entry into the mobile payment services space in India...

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

google to integrate UPI
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 while. This situation was turned on its head in late 2016 due to the demonetization move made by the Indian...

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

Hike 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, Hike has managed to gain a significant advantage by being the first one there. Hike's new service will allow both,...

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

paytm fee on credit card transactions
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 to users. "Keeping the millions of customers and merchants interest as an utmost priority, we have decided to suspend the 2% fees...

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

Mobile-Wallet-industry-growth
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 why NFC-based mobile payment is something all major smartphone players like Apple, Google, Samsung and most lately LG has been so...

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 to be shipped by 2015. It’s speculated that until 2015, retailers are more likely to use traditional payments method such...

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WhatsApp Ads Coming From 2020, And That Shows How Desperate Facebook...

Facebook is all set to push ads into WhatsApp Stories from next year.During the Facebook Marketing Summit, held this week in the Netherlands, the...

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YouTube Should Have Bid Adieu To Dislike Button Much Earlier?

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