“Ensured our platform was the fastest even on a slow network”
“Core is to make it easy for consumers to use the platform. We made the onboarding process for companies fairly easy. It was completely digital.”
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“We chose not to play the cashback game”
“Cashback is great to turbocharge early. We played it for a year, but structurally it did nothing for us. We found that if people want to pay a bill and if they liked the experience, they will come.”
BharatPe targets to build $1 billion loan book
Lending will be the only business of BharatPe, say founders Ashneer Grover and Shashvat Nakrani.
Why BharatPe offered payments free of charge?
Ashneer Grover, co-founder, BharatPe says merchants had initial disbelief about the free transaction gateway.
The fuel for business resilience
Facebook’s recent event was all about how businesses in India had pivoted in the time of the Covid-19 pandemic. But the reasons behind the resilience of Indian enterprise, however, are manifold.
Near bullseye: Paytm cuts losses by 40%
Vijay Shekhar Sharma had predicted that the company’s losses would decline by at least 50%.
Payment services to redefine banking system
The future of payments is digital, and it will modernise India’s banking system. But the driving force that will catalyse the development of payment infrastructure is its adoption by merchants.
‘Digital is the new reality for life insurance’
The MD & CEO of Bajaj Allianz Life Insurance Company says the industry saw new business fall 32% in March as a result of Covid-19.
China’s cashless challenge to the West
The imperative to develop an answer to Alipay and WeChat Pay goes beyond national pride; the growth of a digital, cashless payment alternative has the potential to supplant national currencies.
After Japan, Paytm eyes developed markets
Founder and CEO Vijay Shekhar Sharma says Paytm’s technologies are not just for emerging markets, but for developed markets, too. However, India remains the focus.
