Mobile Payments News - Latest Updates & Headlines
Payments via mobile phones clocked 41 pc jump in July-Dec 2024
New Delhi, April 11: Payments through mobile phones in India recorded a 41 per cent jump in transaction volume to 88.54 billion and a 30 per cent rise in value to Rs 197.69 lakh crore in the second half of 2024.
NPCI in talks to remove 'pull transactions' on UPI to reduce digital frauds
Mumbai, March 18: In an effort to curb rising digital frauds, the National Payments Corporation of India (NPCI) is reportedly in early discussions with banks to eliminate 'pull transactions' on the Unified Payments Interface (UPI).
Jio launches free-for-life sound-pay feature on Jio Bharat phone
Mumbai, January 24: In a bold move that underscores Jio's commitment to empowering every Indian, the company on Friday announced a revolutionary new feature for its JioBharat device - a free, industry-first JioSoundPay dedicated to 5 crore small-scale merchants across the nation.
PhonePe celebrates Mahakumbh mela with Rs 144 flat cashback
New Delhi, Jan 21: PhonePe on Tuesday announced the launch of an extensive campaign around the ongoing Mahakumbh mela in Pragyaraj.
Paytm achieves Rs1,828 crore revenue in Q3 FY25 with 10 pc QoQ growth
New Delhi, January 20: Paytm's operating revenue surged to Rs1,828 crore for Q3 FY25, marking an impressive 10 per cent quarter-on-quarter (QoQ) growth.