Digital Wallets
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Paytm Payments Bank launched: Offers 4 percent interest rate per annum, to open 31 branches in first year
Paytm has rolled out its Payments Bank today, just as it was scheduled. The digital wallet company, last week had received…
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WhatsApp may launch UPI based peer to peer payment service in India
The popular instant messaging application WhatsApp is on its way to launch peer-to-peer payment service in India. According to a…
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Samsung Pay reportedly launching in India in the first half of 2017
The recent demonetisation of Rs. 500 and Rs. 1000 currency notes in India has led to a huge surge in…
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Paytm discontinues mobile app POS over customer’s data privacy and security concerns
A day after launching an in-app POS feature, Paytm on Thursday discontinued the service citing security issues. The POS feature was intended…
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RBI doubles balance limit on digital wallets to Rs. 20,000 per month
The mobile wallet companies in India such as Paytm, MobiKwik and FreeCharge have seen steep rise in their business, post…
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