digital wallet
PayPal to acquire fraud prevention company Simility for $120 million
PayPal plans to make Simility’s services available to its merchants following the close of the transaction.
Cashfree raises $120,000 to automate bank transfers
Company in talks with investors to raise a larger round to scale its merchant acquisition and engineering teams.
Mobile wallets will enable unlimited transfer of funds: Paytm
Company says RBI guidelines released this month will enable mobile wallets to gain access to more functionalities.
Paytm Payments Bank aims to reach over 500 mn wallets in 3 years
Company also aims to add over 10,000 KYC personnel to its existing workforce to achieve this target.
‘Mobile data consumption rose 142 per cent in last 3 years’
India has seen a 142 per cent year-on-year increase, says NITI Aayog CEO Amitabh Kant.
Paytm eyes digital wallet FreeCharge in $50 mn deal
In May 2015, e-commerce player Snapdeal bought FreeCharge for $400 million.
Paytm Payments Bank: No minimum balance required
PPB may attract large number of customers who are part of India's traditional banking system.
Paytm Payments Bank starts, eyes 500 mn customers
Paytm Payments Bank aims to open 31 branches and 3,000 customer service points in its first year.
Can Google Assistant be trusted to send money?
The upcoming addition to Google Assistant looks promising. Will it work in a country like India?
Mobikwik launches tool to auto manage reimbursements
Reimbursements like food, travel and medical expenses will be done quickly and easily with wallet.