PhonePe wins PoS terminal contract from IOCL, but at what cost?
PhonePe has emerged as the lowest bidder, but the economics behind the mandate raise questions about how much the company is willing to pay for growth.
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PhonePe has emerged as the lowest bidder, but the economics behind the mandate raise questions about how much the company is willing to pay for growth.
As part of the investigation, ED has frozen 129 bank accounts containing balances of Rs 18.4 crore.
The story behind ICICI Bank's interchange recovery effort starts with merchant category codes and the economics they shape.
As digital transactions hit record highs, a yawning cybersecurity skills gap threatens the infrastructure that hundreds of millions of Indians now depend on.
In this edition, we write how the UAE expansion story of many Indian fintechs looks like post Iran conflict; and how repeat founders are among the first to chase the opportunity within AI.
Alipay+ has close to 1.8 billion user accounts and are used by over 150 million merchants.
The authorization also allows the Mumbai-based company to process cross-border payments for both inbound and outbound flows from India.
The initiative will operate as a nonprofit entity with authorized funding of Rs 500 crore and initial working capital of Rs 200 crore.
In his new role, Davis will be responsible for shaping the strategic direction of InvoiceCloud’s India centre.
The country has proven its ability to build and scale payment infrastructure at record speed. The bigger test now is whether it can replicate that success in security...
For digital payments at least one of the factors of authentication must be dynamically created that is unique to that transaction.
NPCI has, for the first time, broken down UPI numbers by merchant category.
A decade-old debate ends with government formalizing oversight of payments through Payments Regulatory Board, redefining roles across RBI, NPCI and fintech.
By the end of the financial year 2024, the total loss due to cyber fraud had reached Rs 177 crore, with 29,082 cases recorded across the country.
The market share of the Vijay Shekhar Sharma-led fintech further plummeted to 6.87% in the month of December.
The company, which marks its 10th anniversary, announced its first ESOP buyback in 2018, followed by a $75 million ESOP buyback in 2022.
Recent data from the National Cybercrime Reporting Portal reveals a sharp increase in digital fraud incidents across India, with over 7,000 complaints reported daily...
Bansal still owns about 1% of PhonePe and continues to be largest individual minority shareholder in the firm.
Nish Kotecha will guide the digital payments company in its IPO planned in the next 12 months.
The much-coveted payment aggregator license maybe losing its sheen as it has turned into a regulatory nightmare for some.