India - page 13

Finance & Economics

Worldline Launches Voice Alert Box to Boost Financial Inclusion in India

Payment service provider Worldline introduced VABOX – Voice Alert Box, which provides instant payment confirmation, overcoming challenges of visual impairment and encouraging inclusivity

News

Walmart Invests $200 Million in PhonePe

PhonePe, India’s largest mobile payment services company, has raised another $200 million in an ongoing funding round.

Finance & Economics

RBI Fines Amazon Pay

The Central Bank of India has taken action in the form of a fine against the Indian division of Amazon Pay.

News

PayU Launches 3DS2 SDK for Indian E-Commerce

Indian payment aggregator PayU to offer 3DS2 software development kit (SDK) for all domestic and international transactions to resolve the issues of transaction security and speed

News

Indian Fintech CRED Adds New Offerings

CRED introduces the Buy Now, Pay Later service and the one-touch payment feature.

News

DBS Bank India to Enhance Financial Solutions for MSMEs

DBS Bank India partnered with the eSamudaay network to offer better cash management solutions to MSMEs which conduct business through Open Network for Digital Commerce (ONDC)

News

Mastercard and Obopay to Launch Prepaid Card in Rural India

Mastercard partnered with mobile money platform Obopay to launch a financial inclusion prepaid card for smallholder farmers and rural communities in India

Articles

Agri-Fintech: What It Is and Why It’s on the Rise

Last year brought a steady rise in socially responsible fintech products that are specifically designed for the needs of the agricultural sector. Agri-fintech is a very promising segment of financial technologies, so we’re going to discuss it in detail

Finance & Economics

Amazon and Google Get Payments Clearance in India

Google and Amazon have received permission to expand the scope of their online payment systems in India.

News

India & Singapore to Officially Link Payment Systems

Central bank institutions of Singapore and India will link their real-time payment systems next week to enhance cross-border payment connectivity

News

PhonePe Raises $100 Million

The Indian digital payments platform PhonePe attracted investments for $100 million.

Blockchain & Crypto

India’s Retail Giant Trials CBDC

Reliance Retail – India’s largest retailer – takes part in the large-scale trial of digital rupee CBDC. The network will start accepting the new payment instrument at its Freshpik store

Fintech & Ecommerce

BharatX Partners Snitch for BNPL Services

The partnership allowed Indian clothing brand Snitch to enable the white-label BNPL option provided by BharatX on its checkout page

News

Walmart Readies $2.5 Billion Investment in India’s E-Commerce and Payments

Walmart plans to invest more than $2.5 billion to develop its e-commerce and payments business in India.

News

PhonePe’s Valuation Doubles Over $12BN

The valuation of the Indian fintech giant PhonePe has more than doubled and exceeded $12 billion in a new round of financing.

Finance & Economics

First UAE Fintech to Launch India UPI Payment Integration

Last week, India decided to open its Unified Payments Interface (UPI) payment gateway for NRIS (non-resident Indians).