Flipkart Pays $700 Mn To Workers After PhonePe Split
Moreover, a Flipkart spokesperson confirmed that the payout had been made, the report said. In December last year, the two firms completed a full ownership separation in a deal that allowed Singapore shareholders to purchase shares directly in PhonePe's India entity.
Jul 14, 2023, 19:26 PM IST
Congress Responds To PhonePe's 'Legal Action' Warning, Alleges Firm's Link With BJP
The Madhya Pradesh Congress has raised varied questions on 'PhonePe' and sought clarity on them. The Congress alleged that a team of office bearers of PhonePe held a meeting with a BJP leader recently.
Jun 30, 2023, 11:08 AM IST
Congress In Trouble Over Poster Attack On MP CM Shivraj Singh Chouhan, Gets PhonePe Warning
The Congress poster campaign, however, drew a sharp warning from digital payments company PhonePe.
Jun 29, 2023, 13:04 PM IST
Walmart's Shareholding In PhonePe Drops To 85%
PhonePe has now raised a total of USD 850 million of primary capital in the current round till the end of May.
Jun 04, 2023, 15:29 PM IST
Paytm Beats Phonepe, Google Pay As India's Highest Revenue Earner In Mobile Payments, Financial Services
In the fourth quarter, Paytm also recorded UPI incentives worth Rs 182 crore in the quarter, up by 101 per cent on a yearly basis.
May 11, 2023, 10:54 AM IST
Don't Have ATM Card & Want To Activate PhonePe UPI? Here's The Step-By-Step Guide To Do Via Aadhar Card
Apr 09, 2023, 17:12 PM IST
PhonePe Launches New Shopping App Called Pincode - Check List Of Services It Is Going To Offer
"PhonePe is launching a new shopping app that puts stores at the heart of interaction. Pincode is going to open up in Bengaluru," PhonePe Founder and CEO Sameer Nigam.
Apr 04, 2023, 15:38 PM IST
PhonePe Raises $200 mn In Additional Funding From Walmart
With this tranche, the company has raised USD 650 million (around Rs 5,360 crore) from several global investors, PhonePe said in a statement.
Mar 17, 2023, 15:10 PM IST
PhonePe Reaches USD 1 Trillion Annualised Payment Value Run Rate; Gets Payment Aggregator Licence
The company said that the growth is backed by its leadership in the UPI space where it holds over 50 per cent market share by value.
Mar 11, 2023, 13:21 PM IST
Flipkart Co-Founder Binny Bansal Looks To Invest $100-150 Million In PhonePe: Report
The investment amount has not been decided upon, negotiations have been ongoing and are most likely to conclude soon: Reports.
Mar 10, 2023, 12:33 PM IST
PhonePe UPI International: Check How to Use New Feature if You are Going Abroad
Earlier, The NPCI had permitted non-residents from 10 countries, including the US, Canada and UAE, to digitally transfer funds using the UPI platform from NRE/NRO accounts.
Feb 08, 2023, 17:00 PM IST
PhonePe Launches UPI International Service for its Users for Payments in 5 Countries
PhonePe has over 43.5 crore registered users.
Feb 07, 2023, 21:29 PM IST
Google pilots 'Soundpod by Google Pay' for UPI payments in India
The search giant is piloting a soundbox of its own in the country to alert sellers of confirmations for Unified Payments Interface (UPI)-based payments, reports TechCrunch.
Jan 18, 2023, 08:18 AM IST
Walmart may have to pay $1 bn tax on PhonePe shift to India: Reports
According to reports, citing sources aware of developments, the tax is the result of PhonePe's relocation and it's rising valuation, after Walmart took majority share in it.
Jan 05, 2023, 09:15 AM IST
UPI Money Tranfer: Sent money to wrong UPI using PhonePe, GPay, Paytm? Here's how to get it back
India's Digital Payment ecosystem has thrived a lot in the past few years. Since demonetisation in 2016, digital payments have shot up to break all records. India recorded over 23 billion digital transactions worth over Rs 38 lakh crore in the third quarter of FY23. The UPI-related digital payment transactions number stood at over 19.65 billion in volume and Rs 32.5 lakh crore in terms of value. The recent report on Digital Payments showed that UPI transactions have almost doubled since 2021. The top three UPI apps used widely by Indians are PhonePe, Google Pay and Paytm.
Dec 06, 2022, 12:54 PM IST
No unlimited transaction on UPI payment apps? PayTm says THIS on UPI market cap
Paytm Payments Bank Spokesperson said the proposed implementation of UPI market capping will be hugely beneficial for the UPI ecosystem.
Nov 23, 2022, 14:25 PM IST
No unlimited transactions on Google Pay, PhonePe, others soon? All you want to know
The National Payments Corporation of India (NPCI), which operates the UPI digital pipeline, is in discussions with the Reserve Bank about implementing its proposed December 31 deadline for limiting player volume to 30 per cent.
Nov 22, 2022, 08:24 AM IST
Don't have ATM card & Want to activate PhonePe UPI? Here's the step by step guide to do via Aadhar card
With this upgrade, the Aadhaar number will be integrated into the PhonePe App's e-KYC process for the UPI onboarding process.
Nov 17, 2022, 16:38 PM IST
An honest and tech-savvy auto-driver returns a passenger’s lost AirPods in 30 minutes – Read here this heart-wrenching story
It turns out that the car's driver connected the air pods to determine who the owner was. To contact her, he then looked over his PhonePe transactions.
Nov 16, 2022, 18:12 PM IST
PhonePe enables UPI activation using Aadhaar-based OTP authentication
PhonePe is the first UPI Third Party Application Provider (TPAP) App to roll out the Aadhaar-based UPI onboarding flow that will now enable several crore Indians to become a part of the UPI ecosystem, seamlessly and securely for the first time, the company said in a statement.
Nov 10, 2022, 08:56 AM IST
