How UPI is making India’s digital economy boom
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.
phonepe
April 2021
December 2020
March 2020
June 2019
August 2018
July 2018
Battle of the giants in India’s e-payments space
Facebook’s WhatsApp Pay is the latest player to enter India’s payments space, which already has Alphabet’s Google Pay, Walmart’s PhonePe, Amazon Pay, and Alibaba-backed Paytm.
YES Bank moratorium disrupts services at PhonePe
Udaan has temporarily paused settlements to YES Bank accounts; Razorpay, which also partners with YES Bank, said its payment gateway services are unaffected.
PhonePe banks on trust
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.
WhatsApp to unravel payments hype
Paytm got its $10 billion valuation peddling payments as a business, while WhatsApp’s payments feature will be anything but a business. They surely make for good rivals.
Shaadi.com founder’s moves, and some consolidation
Bengaluru saw three start-ups raising undisclosed amounts, while the fourth one raised $21 million.
