India, gear up for a new digital checkout experience! PhonePe Payment Gateway (PhonePe PG), in partnership with Mastercard has introduced its Device Tokenization solution, which is a significant move ...

The Reserve Bank of India (RBI) has given a major boost to PhonePe ahead of Diwali by approving it as an online payment aggregator. This new status allows the fintech giant to collect and settle ...

PhonePe announced the launch of Credit Line on UPI on its platform. Consumers who avail credit lines from their banks “can now link these credit lines to UPI on PhonePe and seamlessly make merchant ...

PhonePe announced a partnership with Star Health and Allied Insurance Company Ltd., which claims to be India’s largest retail health insurance Company, to offer customers health insurance with a ...

As per data released by the NPCI, PhonePe, Google Pay and Paytm together processed 862.54 Cr UPI transactions worth INR 13.39 Lakh Cr in April 2023 PhonePe commanded a market share of 50.47% in terms ...

PhonePe processed 449.9 Cr UPI transactions worth INR 7.57 Lakh Cr in May, while Google Pay processed 327.46 Cr transactions worth INR 4.97 Lakh Cr The top three players accounted for a market share ...

Indians traveling to many foreign markets, including the UAE and Singapore, may soon be able to use the popular UPI payments to make purchases when they land there. Bengaluru-headquartered fintech ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The event was graced by His Excellency Shri Santosh Jha, the High ...

PhonePE has the largest market share in the unified paymentspace and is also the leader in the integrated bill-payment system Bharat Bill Pay System. The largest digital payments platform, PhonePE ...

An Indian parliamentary panel has urged the government to support the growth of domestic fintech players that can provide alternatives to the Walmart-backed PhonePe and Google Pay apps that currently ...

UPI works on bank-defined parameters, not app-defined. Each bank has a daily as well as per-transaction limit depending on their risk assessment, customer profile and regulatory guidance. Google Pay, ...

PhonePe, Paytm, Cred shut down rent payment services amid RBI curbs The move follows the Reserve Bank of India’s (RBI) tightened Payment Aggregator (PA) and Payment Gateway (PG) guidelines, issued on ...