Thursday, 6 October, 2022
TopicMobile digital payments

Topic: Mobile digital payments

Prosus-backed PayU to acquire payment gateway company BillDesk for Rs 345 bn

BillDesk, backed by Visa, was one of the pioneers of online payments in India alongside larger rival Paytm. Its services are common especially among retailers in the country.

Bill Gates praises India’s digital finance policies as a model for the world

Citing India's platforms for universal identification and digital payments, Gates said the policies drastically reduced the cost and friction of distributing aid to the poor.

50 nations promised cash to fight Covid. Few, like India and Bangladesh, are doing it right

India’s trinity of Jan Dhan, Aadhaar, and mobile communications — or JAM — can work wonders if it is used extensively to reform citizen–state engagement.

Indian company, not Chinese, can dominate global payments: Paytm’s Vijay Shekhar Sharma

‘India’s payments leader will build a low-cost, highly scalable model in an extremely competitive environment. The winner here can go win anywhere.’

PayTM helping SoftBank wade into Japan’s crowded digital payments space

Dozens of employees of the Indian startup are said to be working in Tokyo on getting the service up and running.

On Camera

YourTurn

The BMW i4 eDrive40. Photo Credit: BMW

Ukraine crisis gave auto sector a crude shock. See how India is responding

The PLI scheme as well as other sops for manufacturing, show that despite some public missteps, government is trying to coax manufacturing into India.

Indian refiners scout for oil deals ahead of EU ban on Russian crude imports

European Union ban on Russian crude imports from 5 Dec will drive European refiners to buy more Middle East oil, putting them in competition with Asian buyers.

Defence

File photo of a BrahMos firing by a Su-30 MKI | Credit: IAF

IAF to increase Sukhois armed with BrahMos supersonic cruise missile with over 500km-range

The IAF currently has 40 SU-30 MKI with BrahMos, the only supersonic cruise missile in the world.

India’s hijab supporters will lose even if they win SC battle. Because the real war is political

In a highly polarised time, cornered minorities tend to lean back and protect the roots and fundamentals of what is so dear to them. Politically, it can often be a bad trap.
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