Banks Companies Gadgets Industries Technology

Whatsapp Pay method to install and send payment Explained

Using whatsapp app sending money through WhatsApp will be as easy as sending messages to any person in contact claim its creators    To make this feature available in India, the Facebook backed messenger company closely worked with the National Payments Corporation of India (NPCI) and uses the most popular (in India) Unified Payment Interface Read More…

Banks Companies Gadgets Indian Subcontinent Industries Technology

With 2 Crores limited accounts to start WhatsApp Pay soon to emerge as giant

Almost three years after being launched in a beta testing stage, NPCI has finally allowed WhatsApp to start payments with an initial limit of 20 million users.   The National Payments Corporation of India (NPCI), India’s flagship payments processor that operates the Unified Payments Infrastructure, on November 5 allowed WhatsApp   Payments to go live Read More…

Banks Companies Indian Subcontinent Market Technology

Tech payment firm Razorpay proposes AI based Credit solution for Indian MSMEs woes

Financial technology company Razorpay has started going deeper into the Indian financial services market.   Founded by IIT Roorkee alumni, Shashank Kumar and Harshil Mathur, Razorpay provides technology payment solutions to over 1 million businesses.   “A number of businesses now have been facing weeks, if not months, of revenue loss due to insufficient funds Read More…

Indian Subcontinent Technology

Digital payments market in India bound to become 95 trillionUS$ : Redseer

Digital payments in India are expected to grow over threefold by 2025 due to growing smartphone penetration, Covid-led changes in consumer behaviour and policies around financial inclusion.   According to a report by Redseer Consulting, Rs 7,092 trillion worth of transactions are expected to be conducted by 2025, a CAGR of 27 per cent. [splco_spacer] Read More…

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RBI not said Google Pay app is unauthorised : Google written Statement to Court

Google said RBI has not said that the Google Pay app is unauthorised or not legally compliant in its court hearing or in its written response to the Delhi High Court. According to the Google spokesperson, RBI has not said that the Google Pay app is unauthorised or not legally compliant in its court hearing Read More…

Indian Subcontinent National

New 1800 Crores BJP Scam exposed by Caravan reveals happened during Yeddyurappa tenure as CM

Online News portal Caravan revealed that Documents accessed by them from the income-tax department is in possession of copies of diary entries in the handwriting of the prominent BJP leader and the former chief minister of Karnataka, BS Yeddyurappa, that note payoffs amounting to over Rs 1,800 crore to the BJP’s national leaders, its central Read More…

Business Companies Market Technology

WhatsApp awaiting payment nod from RBI for its 200 millions User base

WhatsApp Chief has written to the Reserve Bank of India (RBI), seeking a formal nod to expand payments services to all its 200 million users in India.   The messaging app, which has drawn fire from the government over spread of fake messages on its platform, continues to wait for a regulatory clearance to launch Read More…

Business Industries Market National Technology

WhatsApp adheres RBI Circular for Payment data localisation policy.

Mobile messaging platform WhatsApp Tuesday said it has built a system that stores payments-related data in India, in line with RBI’s data localisation policy.  The Reserve Bank of India (RBI), in a circular in April, had said all system providers will have to ensure that the entire data relating to payment systems operated by them Read More…