Photo: VCCircle

Paytm Shares Fell 6.2% On Regulatory Concerns, Suspicions About CEO Reappointment

Paytm's shares declined 6.2% on August 12 due to a proxy advisory firm's resistance to the company's CEO reappointment and central bank's recommendations for digital lending applications. Institutional Investor Advisory Services opposes reappointment of Vijay Shekhar Sharma as CEO and managing director. IIAS also expressed worry that… read-more

Fri, 12 Aug 2022 - 03:11 PM / by Vidhi Jhunjhunwala

Tags: Paytm, Shares, CEO, Reappointment, Digital Payment App

Courtesy: DNA INDIA

Adani Group chairman Gautam Adani.


Adani Group To Launch Digital Payment Platform

Adani Group has decided to launch a ''super app'' to rival companies like PhonePe, Paytm, GooglePay, Tata, and Reliance. Adani Group chairman Gautam Adani said ''It took less than 30 minutes for me to decide that we must become a player in this space'' as he saw the mockup of the app in July 2021. However, the launch date is yet to be announced by the group.

Mon, 16 Aug 2021 - 03:12 PM / by Brijesh Goswami

Tags: Adani Group, Digital Payment App, Super App, GooglePay, phonepe

Courtesy: Zee News

BHIM launches in Bhutan

Photo: News On AIR

Bhutan Adopts India's E-Payment Gateway 'Bhim'

India’s mobile payment app Bharat Interface for Money (BHIM) has been launched in Bhutan on July 13. Besides, capsizing Bhutanese businesses, it will also aid the Indian businesses and tourists in the country to use cashless transactions. Developed by the National Payments Corporation of India (NPCI), BHIM is based on Unified Payment Interface (UPI). Further, Indian has completed the launch of RuPay card, an Indian Payment gateway in 2020.… read-more

Tue, 13 Jul 2021 - 09:31 PM / by Brijesh Goswami

Tags: BHIM, UNIFIED PAYMENTS INTERFACE, Bhutan, Digital Payment App

Courtesy: Zee News


Photo: Forbes

PhonePe Tops Among UPI Apps; Clocks 42% Of Overall Jan Transactions

With a 7% hike, over 968.7 million UPI transactions were done through digital payment app PhonePe in January. The app, leaving behind its competitor Google Pay, processed a total value of Rs 1.92 trillion. Moreover, 42% of the total Unified Payments Infrastructure (UPI)  transactions were made through the app. However, the transactions on Google Pay showed a slight decline processing 853.5 million (37%) UPI transactions.

Sun, 07 Feb 2021 - 07:38 PM / by Nikita Thakur

Tags: phonepe, Google Pay, UPI, NPCI, Digital Payment App, Digital Payment

Courtesy: LiveMint