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PAYMENTS

G20 nations commit to promote faster, transparent cross-border payments

The leaders committed to achieving global targets for faster, cheaper, more transparent and inclusive cross-border payments by 2027 and welcome the initiatives undertaken by international organisations in this direction New Delhi: The G20 nations on Saturday resolved to promote faster,...

Paytm unveils indigenously made soundbox with card payment option

The company has deployed soundbox at around 8.5 crore point of sales and expect to match the same pace of deployment for the new devices. New Delhi, Sep 4 (PTI) Fintech firm Paytm on Monday launched a soundbox device that lets...

Consumers spent $6.4 billion on first day of Amazon Prime Day: Study

This represents a 5.96% growth year-over-year (YoY) for Amazon Prime Day in terms of sales New Delhi: Amazon.com Inc. generated a sale of $6.4 billion on the first day of its flagship shopping event ‘Prime Day’ in the US, according...

Scaling for success: Five reasons why e-commerce businesses should partner with enablers

Strategies for choosing and collaborating with the right enablement partner in e-commerce New Delhi: Redseer estimates e-commerce in India to grow nearly three times in the next three years to reach $163 billion by 2026, growing at a compound annual...

PhonePe completes separation from Flipkart

After the complete separation of Flipkart and PhonePe, both entities will continue to operate under US-based retail giant Walmart New Delhi: Flipkart and PhonePe have completed their separation and both entities will continue to operate under US-based retail giant Walmart, a...

Paytm Commerce turns operationally profitable: Analyst

Revenue from its commerce business increased 49 per cent y-o-y due to higher ticketing sales. One97 Communications, which owns the Paytm brand, has set a target to post operating profit by September 2023 New Delhi: Financial services firm One97 Communications’ commerce...

Zepto enhances its UPI payments experience; integrates Cashfree Payments Gateway API

Zepto has integrated Cashfree Payments’ Payment Gateway API into its mobile app to enable a faster checkout experience for customers Bengaluru: Zepto, the 10-minute grocery delivery service, will now be able to offer faster and a more intuitive payments UPI experience,...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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