A day after launching an in-app POS feature, Paytm on Thursday discontinued the service citing security issues. The POS feature was intended to allow merchants to accept payments via all debit as well as credit cards without the need to install the swipe machines.
The payment network majors Visa and Mastercard have raised concerns over customer data privacy and security issues, as the users are required to enter their card [...]
The leading mobile wallet company in India, Paytm has launched a new mobile app POS (Point of Sale) that will allow merchants to accept debit as well as credit cards. Basically, it will function as a virtual POS in shops and stores to make a payment, when a POS machine might not be working or is not present.
This latest move from Paytm will especially help small merchants as they will not need to install swipe machines to [...]
The mobile wallet companies in India such as Paytm, MobiKwik and FreeCharge have seen steep rise in their business, post the demonetisation of Rs. 500 and Rs. 1000 notes. People are moving towards digital wallets amidst the cash crunch.
In a bid to reduce the ongoing cash crunch, Reserve Bank of India (RBI) has increased the existing balance limit on all digital wallets. RBI has doubled the balance limit on digital wallets [...]
The immediate demonetisation of Rs. 500 and Rs. 1,000 currency notes by PM Narendra Modi has left people cashless and are facing some problems. However, this situation has proved beneficial to the digital wallet companies which are seeing enormous growth in their business.
Paytm Wallet is India’s largest mobile payment service platform with over 100 million wallets. Last week, the company announced that it will take a [...]
The payments company, MobiKwik has partnered with Indian Railway Catering and Tourism Corporation (IRCTC), a subsidiary of the Indian Railways, to make e-payments for taktal bookings easier and faster. Apart from paying via netbanking, credit cards, and other wallets, users can now opt to pay directly from their MobilKwik wallet while booking tatkal tickets.
MobiKwik claims that with its services available at IRCTC, payment time will come down to two seconds, whereas other modes [...]
The e-commerce giant, Amazon India has started its ‘Great Indian Festival‘ which will go on until 20th October. During these four days, it has some good deals on many categories like electronics, clothing, accessories, musical instruments, books, shoes, etc. However, most of the cracking deals are for limited time only. So here we have picked some of the top deals on gadgets available for Day 2:1. JBL Raaga Synchros S500AR – Rs. 9,999:
JBL Raaga Synchros S500AR is [...]
The Chinese manufacturer Xiaomi has started its ‘Diwali with Mi’ Sale which will go on until 19th October. During these three days, there are great deals on Xiaomi smartphones, accessories and other products of the company. However, most of the cracking deals are for limited time only. The Re. 1 flash sale of Xiaomi will begin at 2 PM for these 3 days. So here we have picked some of the top deals on Xiaomi products:Redmi Phones: 1. Redmi [...]
The e-commerce giant, Amazon India is back with its ‘Great Indian Festival’ which will go on until 20th October. During these four days, there are great deals on many categories like electronics, clothing, accessories, musical instruments, books, shoes, etc. However, most of the cracking deals are for limited time only. So here we have picked some of the top deals on gadgets, available for Day 1:1. Moto G4 Plus – Rs. 13,499:
The Moto G4 Plus was [...]