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New Rs 500 notes were issued after old Rs 500 and Rs 1,000 notes were scrapped. (Photo: Representational/PTI)

Cashfree raises $120,000 to automate bank transfers

Company in talks with investors to raise a larger round to scale its merchant acquisition and engineering teams.

28 Oct 2017 3:44 PM IST

Small-time traders across the city display signs at their shops indicating that they would accept money via PayTM. They added that the service has come in handy for them after demonetisation. (Photo: Asian Age)

Mobile wallets will enable unlimited transfer of funds: Paytm

Company says RBI guidelines released this month will enable mobile wallets to gain access to more functionalities.

27 Oct 2017 3:36 PM IST

Paytm Payments Bank is one of major digital payments banks in India. (Photo: PTI)

Paytm Payments Bank aims to reach over 500 mn wallets in 3 years

Company also aims to add over 10,000 KYC personnel to its existing workforce to achieve this target.

24 Oct 2017 11:48 AM IST

PayPal has launched the facility of sending and requesting money via Facebook Messenger in the US. (Photo: PayPal)

PayPal to acquire fraud prevention company Simility for $120 million

PayPal plans to make Simility's services available to its merchants following the close of the transaction.

22 Jun 2018 9:01 AM IST

Mobikwik was among the first companies to launch a mobile wallet in the country in 2009.

Mobikwik launches tool to auto manage reimbursements

Reimbursements like food, travel and medical expenses will be done quickly and easily with wallet.

25 March 2017 6:59 PM IST

Mumbai was the most affected with 37 per cent less traffic online post-demonetisation, followed by Kolkata at 26 per cent lower traffic. Delhi saw a 7 per cent decline, while Chennai saw 16 per cent drop in online traffic.

E wallet brands on top post demonetisation

Online cabs,Food ordering platforms and grocery were also popular for cashless transactions.

8 Jan 2017 6:40 PM IST

Paytm chief Vijay Shekhar Sharma

Reliance Cap sells Paytm stake for Rs 275 crore

Financial services arm of Reliance Group had invested Rs 10 crore for this stake in digital wallet company.

7 March 2017 12:43 PM IST

With all security measures in place, we Indians can peacefully say, OK Google, send some money to my brother.

Can Google Assistant be trusted to send money?

The upcoming addition to Google Assistant looks promising. Will it work in a country like India?

20 May 2017 9:34 PM IST

A man pays his bill to an E-rickshaw driver by using Paytm App at Balurghat in South Dinajpur district of West Bengal. (Photo: PTI)

Paytm Payments Bank: No minimum balance required

PPB may attract large number of customers who are part of India's traditional banking system.

23 May 2017 2:34 PM IST

Paytm Founder and Chief Executive Vijay Shekhar Sharma (Photo: Youtube screengrab)

Paytm Payments Bank starts, eyes 500 mn customers

Paytm Payments Bank aims to open 31 branches and 3,000 customer service points in its first year.

23 May 2017 11:00 AM IST

Paytm has updated its app to launch Indias first APP POS, which will democratise digital payments. (Photo: Representational Image)

Social media outrage forced Paytm to abolish 2 pc levy

Digital wallet provider recently levied 2 per cent charge on money loaded in wallet with credit cards.

11 March 2017 3:40 PM IST

Paytm has updated its app to launch Indias first APP POS, which will democratise digital payments. (Photo: Representational Image)

Paytm withdraws 2 per cent fee on wallet top-ups

Multiple users were using its platform to get free credit by using credit cards to top up their mobile wallets.

10 March 2017 2:39 PM IST