Page 7 - Google Pay

Why Facebook is spending billions for a minority stake in Reliance Jio

The social media giant apparently seeks to catch up on mobile commerce after its WhatsApp Pay failed to make a mark

PhonePe extends 'work from home' to offline sales, customer service agents

All PhonePe employees, including over 8,500 offline sales agents and more than 1500 customer service agents including third-party contract workers, have been mandated to work from home

Meet the techies who are building a one-stop finance shop for millennials

Their integrated financial services EpiFi platform aims to have all products on a single dashboard including savings accounts, investment opportunities, lending, fund transfer and insurance

PhonePe to create world's biggest ATM network of 2 mn in India by year end

A week ago Sameer Nigam-led PhonePe launched its own ATM, a first of its kind service in India that enables neighbourhood stores to act as ATMs for PhonePe users

Paytm is clearly ahead of competition, says CEO Vijay Shekhar Sharma

Paytm is bigger than everybody else combined in the market, added the Paytm CEO

Google Pay leads UPIs in digital payments, Amazon Pay most favoured wallet

All the findings in this report are based on transactions held on the Razorpay platform from January 2018 to December 2019

PhonePe expands into financial services, launches int'l travel insurance

PhonePe, which competes with Alibaba-backed Paytm, Amazon Pay and Google Pay, claimed it is India's first digital payment platform to launch international travel insurance.

PhonePe launches digital ATM, users can withdraw cash from merchant shops

PhonePe said there will not be any charges for customers or merchants to avail of this service

Ahead of Jeff Bezos visit, Amazon pumps in Rs 1,715 crore into India units

Fresh investment comes at a time when CCI has ordered an investigation against Amazon and Walmart-owned Flipkart on complaints of deep discounting practices and tie-ups with preferred sellers

TikTok, PUBG Mobile were most popular apps of 2019 in India: Report

TikTok was the breakout social app of 2019 in the Indian market, while PUBG Mobile saw the highest consumer spend in games in the country

Google eyes wider user base, more revenue streams from Google Pay platform

Kolkata, 26 NovemberWith an eye to grow its customer base in the country and increase the volume of annual transactions, Google might further monetise services on its payments platform, Google Pay."In case of recharges and travel, there is already an established commercial model in place but we don't charge the consumers or the merchant as of today; it works on other parameters. For the personal loans and gold investment services, there is a certain fee involved," said Sharath Bulusu, director of product management at Google Pay.He did not specify the sectors or services the global information technology giant is now eyeing to open new revenue streams. Asked if it will be on new services or existing ones, he said, "At this point, I really can't say...We are watching and observing this space."As part of its near-term strategy in India, Bulusu said the focus is to further the customer base and promote UPI (Unified Payments Interface) transactions. It is also in talks with financial ...

Will comply with govt's regulations of data localisation: Google Pay

The Reserve Bank of India (RBI) had asked payment companies to ensure that transaction's data are stored exclusively on local servers

Google's Citi tie-up for current accounts: Deeper push for financial data?

Google has spent years building out its payments capabilities, offering consumers the ability to send money to friends

'Google Pay for Business' launched in Chennai, to help MSMEs with payments

'Google Pay for Business' transfers each rupee earned by the merchant directly into their UPI-linked bank account, it said

Google Pay active monthly user base grows to 67 mn in September 2019

The Reserve Bank of India (RBI) had earlier directed all global payment companies to store transaction data of Indian customers within India

PhonePe annual loss more than doubles to Rs 1,905 crore in 2018-19

According to previous RoC filings, the net loss in 2017-18 was Rs 791 crore, way higher than the Rs 129 crore in FY17.

Google Pay widens digital features, products: Here're key announcements

It launched a 'Google Pay for Business', a separate app for merchants and businesses to enable digital payments through remote verification and registration, that can be done "in minutes"

Cash may be king in India, but Google is prince of mobile payments

The company has one of its fastest-growing hits ever with Google Pay, a two-year-old app that millions of consumers are using to spend and transfer tens of billions of dollars

From AI lab to job search platform, all highlights from 'Google for India'

The company has announced a partnership with state-owned telecom operator BSNL to bring open public WiFi network to villages in Gujarat, Maharashtra and Bihar

Google Pay to enter wealth management services with 'Gold Account'

Move marks the tech giant's entry into wealth management space in India