#news #newstoday #tech #technews #latestnews #techupdates #newsupdates PhonePe UPI Circle was launched in India on Tuesday, as a feature that allows a primary user to authorise secondary users to make payments without their own bank account. Developed by the National Payments Corporation of India (NPCI), UPI Circle is designed to…
#news #newstoday #tech #technews #latestnews #techupdates #newsupdates A major outage on Saturday morning caused Unified Payments Interface (UPI) services to stop working across India, affecting thousands of customers. The UPI services on multiple platforms, like Paytm, PhonePe, Google Pay, Bhim, and more, were disrupted due to this outage. Moreover, it…
#news #newstoday #tech #technews #latestnews #techupdates #newsupdates PhonePe’s Indus Appstore and Xiaomi India announced a multi-year partnership on Thursday. With this collaboration, the homegrown Android app marketplace will now come pre-installed in all Xiaomi devices in India. As a result, the Chinese consumer tech brand’s own Android marketplace GetApps will…
#news #newstoday #tech #technews #latestnews #techupdates #newsupdates India on Tuesday delayed the implementation of market share caps for a popular digital payments method by two years, a move that will benefit Google Pay and Walmart-backed PhonePe. According to the proposal, first made in November 2020, digital payment firms would not…
GooglePay, Walmart-backed PhonePe and AmazonPay are among five payment firms seeking to join the Indian central bank’s digital currency pilot by offering transactions via the eRupee, three sources directly involved in the discussions said. Indian fintech firms Cred and Mobikwik are the other two that have applied to join the…
Initial public offerings of Walmart’s Flipkart marketplace and PhonePe digital payments platform could take a couple of years, a Walmart executive said. “This is something we’re looking at over the next couple of years,” Walmart’s executive vice president for corporate affairs, Dan Bartlett, said on the sidelines of the company’s…
India will again delay caps on market share for a popular digital payments method, two sources told Reuters, benefiting Google Pay and Walmart-backed PhonePe as the authorities prioritise growth over concerns about market concentration. The National Payments Corporation of India (NPCI), the quasi-regulator, will extend by as much as two…
Google is rolling out the SoundPod — the company’s wireless speaker that can verify payments received over the Unified Payments Interface (UPI) instant payment system — to small merchants in India, the company announced on Thursday. The company started testing the device as part of a limited trial last year and…
PhonePe launched its Android-based mobile app marketplace, Indus Appstore, in India on Wednesday, February 21. The app store was launched by the Communications, Electronics and Information Technology Minister Ashwini Vaishnaw during a hybrid event. The Walmart-owned fintech firm said its new app storefront intends to solve the major pain point…
Digital payments and fintech platform PhonePe on Monday launched a feature to pay income tax through its app. Individuals and businesses can pay self-assessment and advance tax through UPI or credit card via the application, without logging into the income tax portal, PhonePe said. The amount will be credited to…
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