The New Umbrella Entity (NUE) will be jointly promoted by a Reliance unit and Infibeam Avenues Ltd's subsidiary So Hum Bharat, while Google and Facebook will hold a smaller stake in the NUE license

Latest data put out by NCPI says PhonePe's transactions rose 7 per cent and their value by 5 per cent in January. Following PhonePe was Google Pay with 853.53 million transactions worth Rs 1.71 lakh crore

In India, the regulators and governments have been sceptical about these currencies and are apprehensive about the associated risks, says RBI

Airtel, BSNL, Jio and Vi offer a range of plans with 56 and 84 days validity that are priced under Rs 600. Some plans offer streaming benefits with data and calling benefits.

PhonePe has surfaced as the top unified payments interface (UPI) application for the month of December followed by Google Pay

As more account holders get online to transact, there are problems on user experience on commonly used banking applications

WhatsApp vs Signal Features: WhatsApp has some features like sharing GIFs, status updates, custom chat wallpapers, and WhatsApp payment that Signal does not have.

Under the positive pay system, the customer will have to re-confirm key details for payments beyond Rs 50,000

ICICI bank has collaborated with Google for issuance of FASTag through Google Pay. FASTag has been made mandatory for four-wheelers from January 1, 2021.

One97 aims to turn profitable by FY22; US-based mutual fund T Rowe recently raised One97 arm fintech arm Paytm's valuation to $16 billion

The peer-to-peer (P2P) payment feature is designed with a strong set of security and privacy principles, including entering a personal UPI PIN for each payment, the company said

As per reports, video and voice call feature has been spotted in the latest beta updates of WhatsApp.

WhatsApp will primarily end support for smartphones that are using dated operating systems.

WhatsApp Payments aims to add to the growth of digital transactions in the country along the lines of the government's vision

\"Indians can communicate with one another for less than the cost of a postcard and that's what we've tried to do with messaging and hopefully we can do that together with payments,\" Zuckerberg said.

NPCI COO Praveena Rai said that pace of digitisation has also increased due to the regulatory framework and policies of the government and RBI

In less than four years, PhonePe has emerged as the leader in UPI transactions, neck-and-neck with Google Pay, leaving behind Paytm and others. But where is the revenue model?

'If people are going to study one country right now, other than China, I'd say they should look at India,' Bill Gates said at the Singapore Fintech Festival

The move will help PhonePe access long-term capital to fund its growing operations. Flipkart will remain the platform's majority shareholder

Paytm will absorb Rs 600 crore in MDR (Merchant Discount Rate) charged annually by banks and other charges. It will then use this amount to support MSMEs amid the ongoing COVID-19 pandemic