In a 41-page order, the Competition Commission of India (CCI) said there was no violation of Section 4 of the Competition Act.
JioPay has initially been rolled out to just over a 1,000 Jio Phone users.
The 'contactless' solution, currently under demo at interested banks.
Unified Payments Interface (UPI) recorded a substantial transaction volume of 3.87 billion in Q1 2020.
These apps include Aarogya Setu for contact tracing, BHIM UPI for e-payments and more.
Paytm Payments Bank Ltd processed over 169 million UPI transactions in the month of January, ahead of several major banks including SBI, HDFC Bank and ICICI Bank.
PhonePe CEO Sameer Nigam has confirmed that PhonePe is ‘back with a bang’ and the platform is working as it should. He added that the digital payments ...
We are talking about WhatsApp Pay (in Beta), Amazon Pay and Google Pay. Here’s how you can send money via each of them and what’s the difference ...
Indians still prefer offline transactions, don’t read terms and conditions and have shared OTPs with others. We aren’t surprised, though.