new currency

E-commerce major Snapdeal has recently announced the launch of 'Cash@Home' service, which allows users to order cash and have it delivered at their doorstep for a nominal charge of Rs 1. The company said that the service is a goodwill...

Mobile wallet app FreeCharge has recently announced a 2 day cashback bonanza for consumers across its merchant network, starting December 11. The company has launched the offer to compete against the leading e-wallet Paytm which also announced a similar offer...

Digital wallet firm FreeCharge today announced that food orders using FreeCharge have grown 12 times in the last 30 days since demonetization happened. Additionally, the company says that it has also added F&B outlets in over 110 cities since demonetization...

On November 8, Prime Minister Narendra Modi announced the replacement of 86 per cent of India’s cash by announcing demonetization Rs 500 and Rs 1,000 notes as a part of legal tender in India in a bid to cut corruption, counterfeit...

The Government's decision to withdraw Rs 1,000 and Rs 500 notes as legal tender has impacted the consumer life in a big way. As a result, instead of spending on luxuries, consumers today are spending cautiously on necessities. Reduced consumer...

In order to support sellers - some of whom had Cash on Delivery (CoD) orders returned post the high currency notes demonetization announcement - e-commerce major Snapdeal said that any return charges, which are in normal course, borne by...

MobiKwik has recently announced the launch of MobiKwik Lite, a light mobile wallet that is easy to understand and and works even on basic Internet connection. Being an under 1 mb app that works smoothly on EDGE connections, the app...

Hindustan Unilever Ltd., India's largest consumer goods company, recently said that its near-term performance would be "adversely impacted" due to the ongoing demonetisation scheme of the government. Adding that in the long term it would be "win-win for everyone". In...

Founder and Chief Executive of Paytm, India’s largest mobile payments and commerce platform, recently said in an event that the company is 'as Indian as Maruti' and prides itself on being a representative of the 'India Story. Sharma was replying...

Post the demonetization of high value notes, India quite literally embarked on cashless economy with an exponential increase in number of consumers and merchants using mobile wallets. And now, it seems, the World cannot stop noticing it. As per a...