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Axis Bank may acquire wallet firm FreeCharge

TMT

08 July, 2017

Axis Bank may acquire wallet firm FreeCharge

Private sector bank Axis Bank has emerged as one of the key players in the race to acquire Snapdeal-owned payments ......

MobiKwik, FreeCharge explore merger

TMT

24 April, 2017

MobiKwik, FreeCharge explore merger

Amid merger talks between Flipkart and Snapdeal, FreeCharge’s fate could also be decided soon. The struggling digital payments arm of ......

MobiKwik to invest $45 mn on merchant, user acquisition

TMT

23 February, 2017

MobiKwik to invest $45 mn on merchant, user acquisition

Digital wallet MobiKwik, run by One Mobikwik Systems Pvt. Ltd, will invest Rs 300 crore (about $45 million) this year on ......

In Charts: How mobile banking, wallet and card transactions fared after demonetisation

General

09 January, 2017

In Charts: How mobile banking, wallet and card transactions fared after demonetisation

The government has been trying to make a case for cashless transactions ever since Prime Minister Narendra Modi shocked the ......

Demonetisation: Is the BHIM launch the ‘Jio' moment for mobile wallets?

TMT

03 January, 2017

Demonetisation: Is the BHIM launch the ‘Jio' moment for mobile wallets?

On Monday, NITI Aayog chief executive officer Amitabh Kant tweeted that the government-backed payments app BHIM had been downloaded three ......

In Charts: What do Indians really use their debit cards for?

General

30 December, 2016

In Charts: What do Indians really use their debit cards for?

Prime Minister Narendra Modi and the Reserve Bank of India want to make the country a cashless economy, as they ......

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In Charts: Is financial cybercrime really a big threat to India's economy?

General

14 December, 2016

In Charts: Is financial cybercrime really a big threat to India's economy?

Ever since India demonetised Rs 500 and Rs 1,000 notes, the government has been pushing the idea of a cashless ......

Going cashless after demonetisation? Beware of these five hazards

General

07 December, 2016

Going cashless after demonetisation? Beware of these five hazards

Prime Minister Narendra Modi wants Indians to stop using cash for daily transactions and rely on mobile wallets, debit and ......

How India is going cashless, in five charts

General

17 October, 2016

How India is going cashless, in five charts

More and more Indians are preferring to make cashless transactions, be it through debit or credit cards, Internet banking or ......

Snapdeal-owned FreeCharge close to raising over $150 mn from China's Tencent

Technology

31 August, 2016

Snapdeal-owned FreeCharge close to raising over $150 mn from China's Tencent

Snapdeal, India’s third-largest e-commerce venture is in talks with Chinese Internet giant Tencent to raise more than $150 million for ......