CASH CRUNCH: Freecharge signs up new merchant every 30 seconds

Snapdeal-owned Freecharge said it is now signing up a new merchant every 30 seconds, possibly a result of the cash-related problems faced by consumers and businesses alike. The company had recently removed sign up charges for merchants and waived fund transfer charges as well. It also offered quick sign-ups as well. “This unbeatable offer led […]

MobiKwik’s new user signup rise 30% after Truecaller partnership

MobiKwik, a mobile payments network, said it has made account registration easier by partnering with the smart calling mobile app Truecaller thereby increasing its daily account registrations by 30%. Now any user with a Truecaller account can instantaneously register on MobiKwik, said the company. Truecaller is a mobile app that pools data from all the […]

Freecharge introduces first voice based recharge service in Windows 10 phones

Freecharge, the Snapdeal owned digital payments platform, said it has introduced a first of its kind service in India by which customers can now complete recharges and make bill payments using Microsoft’s voice-based smart assistant Cortana. The voice support transactions is now available on its Windows 10 app version, said the company. Cortana works by using […]

Bank of Maharashtra launches UPI-based advanced mobile payment app

Bank of Maharashtra announced the launch of its UPI mobile application in association with National Payments Corporation of India (NPCI). The mobile app will enable customers to pay and collect money from their smartphones without entering any bank account number. The ‘MahaUPI application’ shall enable our customers and customers of other banks to have a […]

India steps into a new mobile payments revolution with IMPS version 2.0

21 banks in India, including Andhra Bank, Axis Bank and Bank of Maharashtra, are introducing the upgraded form of India’s pioneering immediate payment service (IMPS) starting today. Under the new form of IMPS, users will be able to send money using proxy addresses instead of full bank account details, thus making instant money transfer across banks […]

YES Bank introduces ‘wafer SIMs’ to enable data-less mobile payments

YES BANK, India’s 5th largest private sector Bank, has introduced a service using which any user owning any type of mobile phone with any operator can make mobile payments from anywhere, anytime without internet connectivity in a completely secure manner. For ‘YES PAYMENTS’, the bank has entered into a strategic partnership with TAISYS Technologies. Once […]