Articles about PhonePe

Rivaling Amazon, Walmart-backed PhonePe to buy two wealth management firms

18 May 2022

Business
Rivaling Amazon, Walmart-backed PhonePe to buy two wealth management firms

Walmart-owned payments platform PhonePe is set to acquire two investment technology firms WelathDesk and OpenQ for a combined value of $75 million.

You may pay extra for mobile recharges on PhonePe

24 Oct 2021

Technology
You may pay extra for mobile recharges on PhonePe

The next time you recharge your mobile phone using PhonePe, you might be charged an additional fee.

PhonePe emerges as India's leading UPI app

16 Mar 2021

Business
PhonePe emerges as India's leading UPI app

Walmart-owned UPI app PhonePe processed 975.53 million transactions amounting to Rs. 1,89,517 crore in February alone. This makes it the country's most popular UPI app, with Google Pay coming in at second place, and Paytm a distant third.

PhonePe beats Google Pay, becomes top UPI app

20 Jan 2021

Technology
PhonePe beats Google Pay, becomes top UPI app

According to the data recently released by National Payments Corporation of India (NPCI), the Walmart-backed Unified Payments Interface (UPI) app PhonePe has topped the charts for December. The parameters include transaction volume as well as total value of the transactions for the month.

FASTag compulsory from January 1: How to buy, recharge it?

30 Dec 2020

India
FASTag compulsory from January 1: How to buy, recharge it?

Starting January 1, 2021, using the FASTag contactless payments system for crossing toll plazas across India will be mandatory.

WhatsApp finally meets requirements to roll out payments in India

04 Aug 2020

Business
WhatsApp finally meets requirements to roll out payments in India

WhatsApp may finally get the go-ahead to launch payments in India.

Recharge someone's phone, make money using JioPOS Lite app

11 Apr 2020

Business
Recharge someone's phone, make money using JioPOS Lite app

In the wake of India's nationwide lockdown, businesses carrying out mobile recharges have come to a complete halt.

OnePlus Pay NFC-based mobile payments service finally goes official

25 Mar 2020

Technology
OnePlus Pay NFC-based mobile payments service finally goes official

OnePlus has finally launched its mobile payments service, joining the elite club of smartphone makers that also dabble in financial solutions.

Fintech start-up BharatPe secures $75 million in funding: Details here

24 Feb 2020

Business
Fintech start-up BharatPe secures $75 million in funding: Details here

BharatPe, a fintech start-up helping small Indian businesses and merchants go digital, has secured $75 million in a Series C round of funding.

Paytm raises another $669.5 million from existing investors

13 Dec 2019

Business
Paytm raises another $669.5 million from existing investors

Just a couple of weeks after raising a whopping $1 billion, One97 Communications, the parent of digital payments giant Paytm, has raised $669.5 million (roughly Rs. 4,724 crore) in another round of funding.

Digital payments giant PhonePe raises $82.5 million: Details here

11 Dec 2019

Business
Digital payments giant PhonePe raises $82.5 million: Details here

PhonePe, a Flipkart-owned company that offers a payment platform to transfer money instantly, has raised $82.5 million in funding.

Soon, you will be able to send money on WhatsApp

26 Jul 2019

Business
Soon, you will be able to send money on WhatsApp

Since last year, WhatsApp, one of the world's biggest messaging apps, has been testing a payments service in India.

Now, invest in 24-karat gold on Google Pay: Here's how

12 Apr 2019

Business
Now, invest in 24-karat gold on Google Pay: Here's how

In a major move, Google Pay has added gold investment into its wide-ranging offerings.

23-year-old caught selling 14 lakh online shoppers' personal information

01 Apr 2019

India
23-year-old caught selling 14 lakh online shoppers' personal information

A 23-year-old man has been arrested in Greater Noida for holding/selling data of 14 lakh people.

Soon, Google Pay will let you invest in 24k gold

24 Mar 2019

Business
Soon, Google Pay will let you invest in 24k gold

In a major development, Google Pay, the UPI-based payments platform from Google, will soon let you invest in 99.99% pure 24 karat gold.

Step-by-step guide to delink your Aadhaar from mobile-number, and e-wallets

27 Dec 2018

India
Step-by-step guide to delink your Aadhaar from mobile-number, and e-wallets

After the September 26 Supreme Court judgement on Aadhaar authentication, entities like banks, telecom operators, and e-wallet services providers can no longer ask you to provide your Aadhaar information.

Why co-founder Binny Bansal resigned from Flipkart

14 Nov 2018

Business
Why co-founder Binny Bansal resigned from Flipkart

Flipkart's co-founder Binny Bansal stepped down from the Walmart-owned company on Tuesday, and now a report claims an investigation into the accusations of misconduct found that he had a consensual affair with the woman.

Flipkart Festive Dhamaka Sale: Top deals on smartphones and electronics

21 Oct 2018

Business
Flipkart Festive Dhamaka Sale: Top deals on smartphones and electronics

Just days after hosting its Big Billion Days sale, Walmart-owned Flipkart has announced the Festive Dhamaka Days sale starting October 24.

Soon, Mumbai Metro commuters can recharge smart cards via PayPal

11 Oct 2018

Technology
Soon, Mumbai Metro commuters can recharge smart cards via PayPal

Reliance Infrastructure's Mumbai Metro has partnered with PayPal, one of the biggest platforms in the world for global online payments.

Flipkart Big Billion Days Sale: Deals on Honor smartphones revealed

04 Oct 2018

Business
Flipkart Big Billion Days Sale: Deals on Honor smartphones revealed

Flipkart will host its annual Big Billion Days Sale from October 10-14. Under the sale, the e-commerce giant will offer up to 90% discount on several product categories including mobiles, electronics, fashion wear and more.

Flipkart's Big Billion Days sale starts from October 10

30 Sep 2018

Business
Flipkart's Big Billion Days sale starts from October 10

Walmart-owned Flipkart has announced its Big Billion Days sale which starts from October 10.

Flipkart might replace Binny Bansal as group CEO

24 Sep 2018

Business
Flipkart might replace Binny Bansal as group CEO

Walmart-owned Flipkart is contemplating separating the responsibilities of chairman and group CEO, and is likely to replace Flipkart co-founder Binny Bansal as the group CEO.

How to avail discounts, cashbacks on online train ticket bookings

07 Sep 2018

India
How to avail discounts, cashbacks on online train ticket bookings

In what comes as good news to Indian Railways passengers, various online e-wallet service providers like Paytm and PhonePe are offering attractive discounts and cashback offers for booking railway tickets online, this festive season.

#KeralaFloods: Excise-duty on liquor increased to collect revenue for relief

17 Aug 2018

India
#KeralaFloods: Excise-duty on liquor increased to collect revenue for relief

Kerala is experiencing its worst floods and the state has decided to increase excise duty on liquor to collect revenue for flood relief.

8 helpful smartphone apps you should teach your parents about

31 Jul 2018

Technology
8 helpful smartphone apps you should teach your parents about

Smartphones have made our lives extremely easy thanks to a number of apps that enable us to do almost everything with a few taps.

8 helpful smartphone apps you should teach your parents about

11 Jul 2018

Technology
8 helpful smartphone apps you should teach your parents about

Smartphones have made our lives extremely easy thanks to a number of apps that enable us to do almost everything with a few taps.

#AppStories: 5 apps for cryptocurrency trading in India

01 Jul 2018

Business
#AppStories: 5 apps for cryptocurrency trading in India

World's most popular cryptocurrency Bitcoin's valuation has had some dramatic fluctuations over the past one year. It picked up the pace in May'17 from $2,000 to $20,000 in Dec'17 and plummeted to $6,046 in Feb'18.

The Flipkart dream: Move aside, make room for nerds

09 May 2018

Business
The Flipkart dream: Move aside, make room for nerds

When as a child you were told by your parents to chase the IIT dream, they were not wrong.

WhatsApp Pay beta-rolls out Request Money feature on Android

17 Apr 2018

Technology
WhatsApp Pay beta-rolls out Request Money feature on Android

WhatsApp recently beta-launched its UPI-based digital payments feature WhatsApp Pay in India that allows users to send and receive money through the chat app.

Amazon planning to buy Flipkart to prevent rival Walmart bid

04 Apr 2018

Business
Amazon planning to buy Flipkart to prevent rival Walmart bid

According to reports, Amazon might make an offer to buy India's largest e-commerce platform Flipkart.

Missed the Paytm KYC deadline? Here's how to do it

01 Mar 2018

Business
Missed the Paytm KYC deadline? Here's how to do it

Yesterday was the deadline to update the Know Your Customer (KYC) details on Paytm and other mobile wallets.

India's first Aadhaar Pay-enabled payment terminal launched

28 Feb 2018

Technology
India's first Aadhaar Pay-enabled payment terminal launched

Bengaluru-based payment services company Ezetap has launched India's first open-platform, smart GPRS payment terminal which is enabled with Aadhaar Pay.

E-wallets KYC-deadline: No extension beyond 28-February. Will it impact you?

27 Feb 2018

Business
E-wallets KYC-deadline: No extension beyond 28-February. Will it impact you?

In a major setback for e-wallets, RBI has refused to extend the deadline for mandatory full-KYC (Know-Your-Customer) compliance by users beyond 28 February.

How Flipkart-owned PhonePe aims to reinvent UPI

21 Feb 2018

Business
How Flipkart-owned PhonePe aims to reinvent UPI

Propelled by demonetization, cashless transactions saw a rise with Unified Payment Interface (UPI) trying to usher users towards a cashless economy.

200 Paytm employees including office boy become millionaires after stock-sale

30 Jan 2018

Business
200 Paytm employees including office boy become millionaires after stock-sale

About 200 former and current Paytm employees have become millionaires after selling their stocks in the company worth Rs. 500cr.

Here's your chance to get Redmi Note4 for Rs. 999!

23 Jan 2018

Business
Here's your chance to get Redmi Note4 for Rs. 999!

Homegrown e-commerce giant Flipkart is offering some exciting deals on smartphones under its ongoing "Republic Day Sale" that ends today.

Jio's "affordable" Rs. 153 plan now offers 1GB/day 4G data

17 Jan 2018

Business
Jio's "affordable" Rs. 153 plan now offers 1GB/day 4G data

Reliance Jio has upgraded its "most affordable" Rs. 153 prepaid plan by increasing the amount of high-speed 4G data offered to customers.

Flipkart's AI push: E-tailer investing millions of dollars for AIforIndia

21 Dec 2017

Business
Flipkart's AI push: E-tailer investing millions of dollars for AIforIndia

Indian e-commerce giant Flipkart is gearing up to bolster its push into the field of Artificial Intelligence by creating an internal unit "AIforIndia", as part of its efforts to put AI and machine learning at the core of its businesses.

Complaint against Flipkart founders for cheating supplier of Rs. 10cr

27 Nov 2017

Business
Complaint against Flipkart founders for cheating supplier of Rs. 10cr

The Bansals of Flipkart fame are in trouble, along with three of its employees. A businessman has filed a complaint against these five people alleging they had cheated him to the tune of Rs. 10cr.

US-based PayPal officially launches domestic operations in India

08 Nov 2017

Business
US-based PayPal officially launches domestic operations in India

Upping the competition in the Indian digital payments space, global online payments pioneer PayPal has officially launched domestic operations in India.