“Investors see who you are, your team. It’s like selling a dream. They don’t give money to your business, they give you the money because you are an incredible guy and have a great team.”
According to a report by American consumer credit reporting agency TransUnion, the highest percentage of suspected digital fraudulent transactions originated from Mumbai, Delhi, and Chennai.
The instant real-time payment system reports a threefold jump in volume and value over the last fiscal as customers opt for its convenience amid the pandemic.
According to a Capgemini Research Institute survey, while the pandemic propelled digital adoption, physical channels continue to remain significant for financial services consumers.
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.
Nexus Venture Partners-backed PaySense will be merged with PayU’s consumer lending business LazyPay.
Customers face disruption in digital banking services. The bank tweeted that it is fixing the technical glitch.
Banks that adopt innovative business models, use the latest technology, and focus on providing value-added services stand a chance, says a survey by Accenture.
Walmart-backed digital payments platform PhonePe aims to turn profitable soon by leveraging its network of retail customers and merchants to offer a range of products and services.
