PhonePe

PhonePe, a UPI-based app, facilitates seamless money transfers from your bank account without sharing sensitive details. But, can you add multiple bank accounts in PhonePe? Yes, PhonePe offers the convenience of linking multiple bank accounts within its app, streamlining your financial management. The process for adding another account is similar to adding a new one, ensuring ease of use for users. However, it's essential to have an active ATM or debit card when adding a bank account to PhonePe, enabling access to UPI…

Image Source : FREE PIK Credit Score In a significant move towards financial transparency, major payment applications in India have introduced a feature allowing users to check their credit scores without any charges. This development comes as a relief to credit card holders and borrowers who previously faced fees ranging from Rs 500 to Rs 1,000 for accessing their…

Image Source : FILE Smaller UPI apps seek NPCI support to compete with Google Pay and PhonePe Smaller Unified Payments Interface (UPI) apps have reportedly approached the National Payments Corporation of India (NPCI), an umbrella organisation for operating retail payments and settlement systems in India. The companies are seeking support and incentives to compete with…

Sankalp Phartiyal / Bloomberg: NPCI data: UPI transactions processed by Paytm fell 14% to $19.9B from January 2024 after RBI curbs, while PhonePe rose nearly 7% and Google GPay rose almost 6% — - Paytm loses usage even before any disruption to its systems — Services of Walmart, Google capitalize on Paytm's troubles Sankalp Phartiyal / Bloomberg: NPCI data: UPI transactions processed by Paytm fell 14% to $19.9B from January 2024 after RBI curbs, while PhonePe rose nearly 7% and Google…

The central bank's regulatory action against Paytm Payments Bank on January 31 impacted One 97 Communication-run Paytm’s UPI payments business in February which registered a 7.6% fall in transactions over the previous month.According to data shared by National Payments Corporation of India (NPCI), Paytm reported around 1.3 billion transactions on UPI, a 7.6% drop from 1.4 billion in January. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Advanced Data Science For…

Image Source : INDUS APPSTORE Indus Appstore PhonePe, an Indian multinational digital payments and financial services company officially launched its Indus Appstore, a 'made in India' app with over a decade of experience in the app store space. The company had a compelling panel discussion on the critical issue of sustainable business models for app stores The…

Google on Friday removed several popular apps by ten Indian developers from its Play Store, citing non-compliance with billing policies. This move has sparked a contentious dispute between the tech giant and Indian developers over what they perceive as Google’s "unfair" policies. But less than a day later, it started reinstating some of the apps on the Play Store, which began complying with its billing norms. Which apps have been impacted?Among the delisted apps were Bharat Matrimony, Telugu Matrimony, Tamil Matrimony,…

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 has revealed that the rollout will take place later this year. Google Pay rivals PhonePe and Paytm — the latter faces RBI strictures over non-compliance with multiple rules — already offer similar products for…

Image Source : FILE Representational Image Google Pay has announced a major update: its portable speaker, SoundPod, will soon be available for small merchants all across India. This comes after the company tested the SoundPod last year in a limited pilot program. What is SoundPod?  The SoundPod is a device that helps merchants keep track of QR code payments…

Walmart-owned payments company PhonePe Wednesday launched its mobile app marketplace Indus Appstore for users, in an attempt to rival Google Play Store and Apple App Store.Sameer Nigam, CEO and founder PhonePe said, “Indus Appstore challenges the status quo, ushering in an era of more healthy competition in the mobile app marketplace, which in turn should help create a more democratic and vibrant Indian digital ecosystem.”Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK…