PhonePe expands UPI access to feature phones with offline payment service
The service will be available on select devices from Nokia, HMD, Lava International, and Itel Mobile, with more handset partnerships expected in the coming months.
Explore the latest news, in-depth reports, and executive analysis tagged with #Offline Payments.
The service will be available on select devices from Nokia, HMD, Lava International, and Itel Mobile, with more handset partnerships expected in the coming months.
In his new role, Verma will focus on driving merchant adoption, strengthening distribution, and scaling the company’s offline payments ecosystem.
BillDesk is one of the few major payment aggregators in the country with no offline play.
The shift in strategy comes as Bajaj Finance looks to reduce capital expenditure and avoid the regulatory obligations.
Fiserv has been reaching out to payments companies and banks since past few weeks, industry insiders informed.
PayU has been seriously exploring a buyout in offline space for quite some time now. It also had talks with two other companies.
Sep 19th Edition: We look at the RBI’s unified master directions on payment aggregators and what it means; and how AI companions could be the next big bets for Indian VCs.
The exit comes at a time when Razorpay has been aggressively pushing its offline payments vertical in its overall portfolio.