Business Standard

Page 3 - Phonepe

Flipkart, Amazon, BigBasket witnessing spectacular growth: PhonePe CEO

As the acceptance of digital payments have exploded in the country, Walmart-owned PhonePe is expecting its userbase to grow from 300 million to 900 million by 2026

Flipkart, Amazon, BigBasket witnessing spectacular growth: PhonePe CEO
Updated On : 09 Sep 2021 | 2:18 AM IST

PhonePe received a million UPI autopay mandates in past three months

Launched last year, UPI Autopay allows users to set up recurring e-mandates for recurring payments such as mobile bills, power bills, EMIs, OTT subscriptions, insurance, MF among others

PhonePe received a million UPI autopay mandates in past three months
Updated On : 08 Sep 2021 | 3:12 PM IST

Indians embrace digital: Over 300 mn smartphone users use digital payments

From 'tankhwa' and 'kiraya', for 'shagun' and 'jugaad', digital payment is a pan-India habit

Indians embrace digital: Over 300 mn smartphone users use digital payments
Updated On : 05 Sep 2021 | 9:37 PM IST

Not worried about rivals, says PhonePe's Nigam after opening data for all

PhonePe has launched PhonePe Pulse, India's first interactive platform with data, insights and trends on digital payments. Nigam said firm has made privacy topmost concern while designing Pulse

Not worried about rivals, says PhonePe's Nigam after opening data for all
Updated On : 02 Sep 2021 | 10:57 PM IST

PhonePe starts first Indian digital payment interactive geospatial platform

The Walmart-owned digital payment firm said its Pulse platform reveals digital transaction habits of over 300 mn Indians at a district level

PhonePe starts first Indian digital payment interactive geospatial platform
Updated On : 02 Sep 2021 | 4:02 PM IST

In no hurry to launch IPO, will go public when it makes sense: PhonePe CEO

PhonePe is in no hurry to launch its IPO and will go public "when it makes sense" for the company, even as a number of Indian internet companies line up to mark their debut on Dalal Street

In no hurry to launch IPO, will go public when it makes sense: PhonePe CEO
Updated On : 02 Sep 2021 | 3:37 PM IST

Payment firm PhonePe receives broking licence from insurance regulator

The broking license will allow it to start offering personalised product recommendations to its more than 300 mn users, and offer a much more diverse portfolio of insurance products for consumers

Payment firm PhonePe receives broking licence from insurance regulator
Updated On : 30 Aug 2021 | 11:10 PM IST

Top headlines: Ola selects banks for IPO; PhonePe now an insurance broker

Business Standard brings you the top stories this evening

Top headlines: Ola selects banks for IPO; PhonePe now an insurance broker
Updated On : 30 Aug 2021 | 8:10 PM IST

Processing about 1.5 bn transactions a month: PhonePe CEO Sameer Nigam

Nigam said that the fintech firm is aiming to reach 900 million people in the next 8-10 years

Processing about 1.5 bn transactions a month: PhonePe CEO Sameer Nigam
Updated On : 27 Aug 2021 | 2:59 AM IST

Processing about $1.5 billion transactions a month, says PhonePe

Fintech major PhonePe on Thursday said it is processing almost $1.5 billion transactions a month, and about 80 per cent of its users are from tier-II cities and beyond

Processing about $1.5 billion transactions a month, says PhonePe
Updated On : 26 Aug 2021 | 9:38 PM IST

PhonePe gets in-principal nod from RBI to operate as an account aggregator

Account aggregators are responsible for providing services based on the explicit consent of individual clients, which includes the transfer, but not storing, of a client's data

PhonePe gets in-principal nod from RBI to operate as an account aggregator
Updated On : 26 Aug 2021 | 12:56 PM IST

Nexus could be banking's next big thing, inspired by Indian payments system

Nexus will be like a world wide web of payments, a set of rules any country can adopt.

Nexus could be banking's next big thing, inspired by Indian payments system
Updated On : 04 Aug 2021 | 6:53 AM IST

NPCI caught between managing UPI growth, curbing dominance of few players

Experts say the dominance of certain players is a factor of the overall preference of consumers as to which app they are using for making different transactions

NPCI caught between managing UPI growth, curbing dominance of few players
Updated On : 24 Jul 2021 | 6:09 AM IST

PhonePe partners Flipkart to digitise cash-on-delivery payments

Digital payments platform PhonePe on Monday said it has partnered with Flipkart to enable pay-on-delivery service for the e-commerce major's orders. PhonePe's dynamic QR code solution will enable customers who earlier opted for 'cash on delivery' to pay digitally through any UPI app at the time of delivery, PhonePe said in a statement. This will help reduce personal contact while ensuring safety and drive contactless payments for customers who are traditionally more comfortable with cash on delivery, it added. "Digital payments adoption has become widespread over the past few years, thanks to UPI. However, there still continues to be a preference for cash on delivery among some customers at the time of delivery," PhonePe Director (Business) Ankit Gaur said. Digitising these cash-based payments would give a major boost to not just e-commerce but also contribute to the larger goal of Digital India, he added. "Our partnership with Flipkart to enable contactless and safe payments for

PhonePe partners Flipkart to digitise cash-on-delivery payments
Updated On : 06 Jul 2021 | 1:13 AM IST

Affle Global wins legal battles as PhonePe fails to acquire 92% of OSlabs

With respect to Affle Global minority shareholding in OSLabs, AGPL finds that 100+ media stories were reported mostly with PhonePe's bias on the OSLabs related matters

Affle Global wins legal battles as PhonePe fails to acquire 92% of OSlabs
Updated On : 28 Jun 2021 | 10:57 AM IST

Affle claims victory in Indus OS stake sale lawsuit; PhonePe, OSLabs refute

PhonePe had placed a bid to acquire 92 per cent stake in Indus OS at a valuation of around $60 million. However, the biggest shareholder in the company, Affle, has opposed the deal

Affle claims victory in Indus OS stake sale lawsuit; PhonePe, OSLabs refute
Updated On : 26 Jun 2021 | 6:09 PM IST

PhonePe launches auto top-up feature for its wallet

This feature will allow customers of PhonePe to set up a UPI e-mandate once, post which the company will automatically top up their wallet balance when it falls below the minimum below.

PhonePe launches auto top-up feature for its wallet
Updated On : 18 Jun 2021 | 6:57 PM IST

PhonePe files complaint with Sebi against Ventureast Fund over OSLabs deal

PhonePe says Ventureeast sold shares to Affle in a side deal while engaging on the sale of same shares in favor of PhonePe

PhonePe files complaint with Sebi against Ventureast Fund over OSLabs deal
Updated On : 12 Jun 2021 | 7:02 PM IST

Walmart's PhonePe crosses 300 mn registered users, merchant network grows

The service now has over 20 million offline merchants across 11,000 towns and talukas in India

Walmart's PhonePe crosses 300 mn registered users, merchant network grows
Updated On : 02 Jun 2021 | 6:09 PM IST

PhonePe seeks to acquire Indus OS to take on Paytm, Google Pay, Amazon Pay

The acquisition would help PhonePe in its "super app and vernacular language" strategy to integrate various apps on its platform.

PhonePe seeks to acquire Indus OS to take on Paytm, Google Pay, Amazon Pay
Updated On : 19 May 2021 | 5:17 PM IST