
Ecommerce losses to exceed $48 billion globally in 2023 due to online payment fraud
The report recommends that BNPL vendors conduct robust identity verification at the point of onboarding to mitigate these risks.
The report recommends that BNPL vendors conduct robust identity verification at the point of onboarding to mitigate these risks.
The deal is touted to be the second largest internet deal after the acquisition of Flipkart by the U.S. retail behemoth Walmart Inc.
India's rural ecosystem has evolved significantly with multiple enablers priming this space for future growth.
Financial inclusion: Kerala tops the list with a score of 90.9; Bihar ranks at the bottom with 38.5.
“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.”
“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.”
Lending will be the only business of BharatPe, say founders Ashneer Grover and Shashvat Nakrani.
Ashneer Grover, co-founder, BharatPe says merchants had initial disbelief about the free transaction gateway.
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.
Vijay Shekhar Sharma had predicted that the company’s losses would decline by at least 50%.