Demonetization

Snapdeal-owned mobile transactions platform Freecharge today announced that its recently launched 'Wallet on Delivery' option has been used for 100,000 Snapdeal deliveries, within the first week of its launch. The company said that this might be the start of a...

India is a country which has population of 1.25 billion, approximately 660 million debit cards and 25 million credit cards. In theory, the country is almost ready to go cashless, but where it lacks is the point of sales...

E-commerce major Flipkart said the intent behind the Centre's demonetization of Rs 500 and Rs 1,000 notes is "very good", but there are challenges that exist with its execution. According to PTI report: Flipkart Executive Chairman Sachin Bansal suggested that...

India’s largest mobile payments and commerce platform, Paytm has announced that the company has registered over 25 million offline transactions worth over Rs. 150 Crores in the last 6 days, backed by its strong payment ecosystem of customers and...

Within the first 24 hours of the announcement of demonetization, the wallet loads of Snapdeal-owned mobile transactions platform Freecharge grew 12 times and has been increasing by the same average since then. "Within the first 24 hours, wallet loads grew...

The delivery and discovery app, Scootsy, has introduced a new feature ‘Pay Later’ for its regular customers, keeping in mind the current cash situation. The customers can use the app and order from a wide range of essentials including food,...

Digital payments solutions provider, PayU India, has been quick to respond to the recent demonetization of currency by the Indian Government. According to ANI report: In order to stay ahead of the curve in providing the best services to its...

The landmark move by the Modi Government to demonetize high-value currency notes to stamp out black money is expected to mark a short-time dent in the income of the restaurateurs. Many restaurant owners have accepted that they are already witnessing...

While shopping malls and markets across the country wore a deserted look on the sixth-day post demonetization of Rs 500 and Rs 1,000 notes, a few online sectors are rejoicing with massive gains - both in terms of orders...

MobiKwik has announced that the company is prepared to serve over 300 mn users with secure, seamless payments. The company already has over 35 million users and is witnessing over 40 per cent more app downloads on a daily...