Mobile, digital wallets hold 66% of India’s e-comm market
In terms of alternative payment solutions, Google Pay has overtaken Amazon Pay to become the most preferred online payment solution in India, while Paytm ranked third
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Paytm closes FY22 with loss of ₹2,396 cr; revenue up 77%
For Q4 FY22, Paytm’s net loss widens by 71% YoY to ₹762.5 crore, while revenue from operations rose 89% to ₹1,540.9 crore
Predictions 2022: Pine Labs' Kush Mehra sees UPI, e-RUPI taking fintech centre stage
e-RUPI will see more innovation in 2022, be it in corporate gift vouchers, processing donations, or usage by the government for direct benefit transfers.
Card payments need tokenisation in 2022; all your queries answered
The transition to card tokenisation might not be a smooth one, where all participants institutions are likely to face some disruption during the initial days.
