Posts filtered by tags: Payments[x]


 

These startups are locating in SF and Africa to win in global fintech

To become a global fintech player, locate your company in San Francisco and Africa. That’s the approach of payments company Flutterwave, digital lending startup Mines, and mobile-money venture Chipper Cash—Africa-founded ventures that maintain headquarters in San Francisco and operations in Africa to tap the best of both worlds in VC, developers, clients, and the frontier of digital finance. This arrangement wasn’t exactly coordinated across the ventures, but TechCrunch coverage picked up the...
Tags: Accelerator, Apps, Artificial Intelligence, Banking, Blockchain, Cryptocurrency, Finance, Payments, Startups, Talent, TC, Venture Capital, Africa, Asia, Cameroon, Cryptocurrencies


Leak reveals Uber’s $9.99 unlimited delivery Eats Pass

What’s the cord-cutting equivalent to ditching your kitchen? Uber’s upcoming subscription to unlimited free food delivery. Uber is preparing to launch the $9.99 per month Uber Eats Pass, according to code hidden in Uber’s Android app. The subscription would waive Uber’s service fee that’s typically 15 percent of your order cost. Given that’s often $5 or more, users stand to save a lot if they order in frequently. But Uber could still earn money on menu item markups, cover costs with a flat or...
Tags: Apps, Food, Mobile, Payments, TC, Transportation, DoorDash DashPass, Food Delivery, Postmates Unlimited, Subscription delivery, Uber, Uber Eats Pass


Amazon now sells flight tickets in India

Indians can already use Amazon to pay for their mobile bills and borrow money to purchase items, but now there’s more. This week, the ecommerce giant quietly introduced an additional feature to its shopping site: flight tickets. Amazon has partnered with local travel service Cleartrip to add flight booking option to its payment service — Amazon Pay — in India, according to an FAQ posted on its website. The feature, first spotted by news outlet Skift, is available on its Indian website and ...
Tags: Google, Amazon, Android, Transportation, Asia, India, Tech, Payments, Zomato, Ola, Booking.com, Paytm, Makemytrip, ClearTrip, Skift, Amazon Pay


5 key talking points from the RBI’s Vision 2019-2021 for Payments and Settlements in India

The RBI, a couple of days ago, released its Vision 2019-2021 document for the digital payments ecosystem, where it identifies what it intends to achieve in the next three years, and the regulatory changes that will follow in order to achieve these goals. A summary of the document is available here.... ...
Tags: Travel, News, India, Payments, RBI, Reserve Bank of India, Digital Payments


Vodafone Idea seeking merger for its M-Pesa wallet to comply with RBI rules

Vodafone Idea is looking at merging its payments wallet, Vodafone M-Pesa Ltd (VMPL), with an associate or third-party firm, the company said in Q4 results, released on Monday. The company wants to hive off VPML because it also owns 49% of Aditya Birla Idea Payments Bank Limited, having been created... ...
Tags: Travel, News, Vodafone, Payments, Mobile Wallets, RBI, Pesa, Vodafone Idea, Mergers And Acquisition, Vodafone M-Pesa Limited, Vodafone M Pesa Ltd, VPML, Aditya Birla Idea Payments Bank Limited


Summary: RBI’s Vision 2019-2021 for Payments and Settlements in India

The Reserve Bank of India has defined a vision for digital payments from 2019 to 2021, to “empower every Indian with access to a bouquet of e-payment options that is safe, secure, convenient, quick and affordable.” To this end, it says it intends to follow an approach that enhances... ...
Tags: Travel, News, India, Policy, Payments, Reserve Bank of India, Summary, Digital Payments


Google’s new plan to push Google Pay in India: cashback incentives in Android apps

Google is gunning for India’s payment companies. The U.S. search giant entered India’s payment space in 2017, and now it is hatching an initiative that could boost usage of its Google Pay service by tying it tightly into Android apps in the country. The company has built an in-app engagement rewards platform that promises to help developers and businesses retain users and drive engagement on their apps, two sources familiar with the matter said. It plans to formally launch the project through...
Tags: Google, Google Play, Apps, Asia, Developer, India, Tech, Payments, New Delhi, Sundar Pichai, Sdk, Tez, Competition Commission of India CCI, Google India, Google Tez, Google Pay That


Sales statistics for March 2019 now available

You can now view your Sales Statistics for March 2019 on your account at routenote.com. Log-in to see your earnings, full breakdowns are available in your Statistics page. The post Sales statistics for March 2019 now available appeared first on RouteNote Blog.
Tags: Music, Stats, Earnings, Statistics, Payments, Independent, Routenote, Music Distribution, Digital Music Distribution, Independent Music


India’s ride-hailing firm Ola is now in the credit card business, too

A day after India’s largest wallet app Paytm entered the credit cards business, local ride-hailing giant is following suit. Ola has inked a deal with state-run SBI bank and Visa to issue as many as 10 million credit cards in next three and a half years, it said today. The move will help Visa and SBI bank acquire more customers in India, where most transactions are still bandied out over cash. For Ola, which rivals Uber in India, foray into cards business represents a new avenue to monetize...
Tags: Startups, Mobile, Uber, Asia, Finance, India, Softbank, Tech, Payments, Hyundai, Kia, UPI, Ola, Naspers, Visa, Paytm


India’s largest mobile wallet company Paytm now offers a credit card

Paytm, India’s largest mobile wallet app, has branched out to several businesses in recent years as threat from Google and Facebook grows. On Tuesday, it added another category to the list: credit cards. The firm, operated by One97 Communications, today unveiled Paytm First Credit Card with lofty benefits as it races to bulk up its financial offerings. The cards, issued by Citi Bank, will be the first in the country to offer unlimited, one percent cashback on purchases, Paytm claimed in a sta...
Tags: Google, Google Play Store, Mobile, Facebook, Uber, Asia, Finance, India, Softbank, Tech, Alibaba, Berkshire Hathaway, Warren Buffett, Payments, Zomato, Citibank


Govt plans to make UPI QR codes mandatory for shops: Virtual monopoly for NPCI?

The government of India is looking into making it mandatory for all shops “above a certain threshold” to offer Unified Payments Interface (UPI) payments through QR codes, and give customers and shopkeepers GST benefits for using UPI, the Economic Times reports. The GST Council had given the... ...
Tags: Travel, News, India, Payments, Qr Codes, UPI, GST, NPCI, BharatQR, Unified Payments Interface UPI, UPI the Economic Times


Google Pay will soon support card payments in India: Report

Google Pay will soon let users in India make payments with their credit and debit cards, the Economic Times reports. The app currents supports payments through the Unified Payments Interface (UPI) in India, for which users must link their banks accounts with it. According to the ET report, Google... ...
Tags: Travel, Google, News, India, Payments, Credit Card, UPI, Debit Card, RBI, Economic Times, NPCI, Google Pay


India’s most popular services are becoming super apps

Truecaller, an app that helps users screen strangers and robocallers, will soon allow users in India, its largest market, to borrow up to a few hundred dollars in the nation. The crediting option will be the fourth feature the nine-year-old app adds to its service in the last two years. So far it has added to the service the ability to text, record phone calls and mobile payment features, some of which are only available to users in India. Of the 140 million daily active users of Truecaller, ...
Tags: Social, Food, Startups, Transportation, Mobile, Gaming, Cloud, Facebook, Uber, Apps, Asia, Hike, Media, Microsoft, Developer, Finance


Google says Play Store will soon accept UPI payments, cash

Google announced at I/O 2019 that it will soon let users buy items on its Play Store using cash, NDTV reported. Cash payments on the Play Store are already live in Japan and Mexico, and will be rolled out in other countries soon. Google also said that users in India will soon be able to […] ...
Tags: Travel, Google, Google Play, Mobile, Japan, News, Internet, Mexico, India, Commerce, Play Store, Payments, UPI, NDTV, Digitisation, Google Pay


Define Your Payment Strategy For B2B eCommerce In China

As the world’s largest eCommerce market, China appeals to global B2C and B2B brands alike. But China’s B2B eCommerce market is not as mature as the consumer space, and neither is its B2B payment. Multinationals that want to develop their B2B online commerce business in China will need to clearly define their strategy, including what payment solutions […]
Tags: China, Marketing, Payments, Age Of The Customer, electronic invoice presentation & payment (EIPP


WhatsApp-funded study on fake news kicks off in four states; London to drive WhatsApp Pay globally

A research project funded by WhatsApp on how fake news affects political behaviour and caste relations is underway in UP, Bihar, Jharkhand and West Bengal, the Economic Times reports. Titled ‘Misinformation in Diverse Societies, Political Behaviour, and Good Governance’, the project is being... ...
Tags: Travel, London, News, Internet, Social Media, Research, Whatsapp, Payments, Misinformation, RBI, Bihar, Fake News, Data Localisation, Whatsapp Pay, West Bengal the Economic Times


Google to allow users to pay for Android apps using cash

Today, the Android platform sees more app downloads than iOS, but Apple’s App Store continually dominates in terms of revenue. Now, Google is aiming to narrow the revenue gap by introducing a new way for users in emerging markets to pay for apps: with cash. The company today announced it’s launching “pending transactions,” which offers users different ways to pay that don’t require a credit card or any other traditional form of online payment. Lack of access to credit is one of many reasons why ...
Tags: Apple, Google, Google Play, Mobile, Apps, India, Tech, Cash, Developers, Android Apps, Emerging Markets, Payments, App Store, UPI, Google I/O 2019, Google Play Billing


How often do RouteNote send out statistics and payments?

Here’s a guide to when and how often you’ll be paid when you upload your music to online stores and streaming services with RouteNote. Once you’ve uploaded your music to us, we’ve looked it over and approved it to be sent to your chosen services, and it’s live online – it’s time to see how well you’re doing and reap your earnings. We upload your statistics 45 days after the end of each month. So if your music is online in January being streamed by people from anywhere, then we will hav...
Tags: Music, Support, Stats, Paypal, How To, Earnings, Statistics, Payments, Distribution, Routenote, Facebook Twitter


$350 million of Mastercard’s $1 billion investment in India will be for local payments processing centre: report

About $350 million of the $1 billion that Mastercard plans to invest in India over the next five years will be used to set up a local payments processing centre to comply with the RBI’s data localisation directive, the Economic Times reported. The processing centre is expected to open in the... ...
Tags: Travel, News, Internet, Government, India, Investment, Policy, Payments, Mastercard, Visa, RBI, Economic Times, Data Localisation, Whatsapp Pay


Get Paid Monthly with RouteNote – Tired of Your Distributor Paying Quarterly (like Tunecore and others)!

RouteNote is one of the worlds largest digital music distributors! RouteNote works with over 290,000 artists worldwide at present and we are focused on making sure our artists get the best possible customer service. As part of providing the best customer service we also allow artists to not have to worry about their royalties and RouteNote pays monthly! not quarterly. The majority of other distributors in the world are offering quarterly payments, but we want to make sure that our artists...
Tags: Music, Payments, Revenues, Digital Music News, Royalties, Routenote, TuneCore, Music Distribution


BHIM’s 15.2M transactions accounted for only 1.9% of UPI payments in April 2019

The number of transactions on the Bharat Interface for Money (BHIM) UPI app was 15.2 million for the month of April 2019, up 2% from 14.9 million last month. The total value of the transactions stood at Rs 6,583.6 crore, up 3% from Rs 6,417 crore in March 2019, according to data provided by the... ...
Tags: Travel, Mobile, News, Internet, Finance, Banking, Mobile Payments, Payments, UPI, Digital Payments, NPCI, BHIM, Bharat Interface for Money BHIM UPI


IMPS transactions declined 2.7% to 185.04 million in April 2019

India’s Immediate Payment Service (IMPS) saw a decrease of 2.7% in the total transactions taking place between March 2019 and April 2019, according to data published by the National Payments Corporation of India, which owns and operates IMPS. The NPCI is the bank-owned private organization that... ...
Tags: Travel, Mobile, News, Internet, Finance, India, Banking, Internet Banking, Payments, Fintech, Imps, NPCI, National Payments Corporation of India


A quiet London-based payments startup just raised among the biggest Series A rounds ever in Europe

You probably haven’t heard of Checkout, a digital payments processing company that was founded in 2012 in London. Apparently, however, investors have been keeping tabs on the low-flying company and like what they see. Today, Checkout announced that it has raised $230 million in Series A funding at a valuation just shy of $2 billion co-led by Insight Partners and DST Global, with participation from GIC, the Singaporean sovereign-wealth fund; Blossom Capital; Endeavor Catalyst; and other, unnamed ...
Tags: Europe, London, Tech, Banking, United Kingdom, Credit Suisse, Virgin, Payments, Dow Jones, DST Global, Companies House, Zurich Switzerland, GIC, Euronext, Insight Partners, Immunocore


UPI transactions grew to 781.8M in April 2019; Rs 142,034Cr transacted

The Unified Payment Interface (UPI) saw a decrease of 2.2% in the total transaction volumes taking place between March 2019 and April 2019, according to data published by the National Payments Corporation of India (NPCI). The NPCI is a private company owned by Indian banks and owns and operates... ...
Tags: Travel, News, Finance, Digital, Banking, Payments, Fintech, UPI, Digital Payments, NPCI, National Payments Corporation of India NPCI


Visa ‘extremely committed’ to complying with RBI’s data localisation rules, says company president: report

Visa’s global president Ryan McInerney has said the company is “extremely committed” to abide by the RBI’s data localisation mandate and also denied reports that global companies initially seemed averse to the mandate in an interview to the Economic Times  “Since our commitment to India is long... ...
Tags: Travel, Facebook, News, India, Whatsapp, Policy, Payments, Visa, RBI, Economic Times, Data Localisation, Ryan McInerney


Amazon launches P2P payments on UPI for Android users

Amazon Pay on Monday launched person-to-person (P2P) payments for Android users, who can now make instant bank-to-bank transfers using the UPI platform on the Amazon app. It will also let users make payments from their bank account to local stores or to Amazon’s delivery agents via scanning UPI QR... ...
Tags: Travel, Amazon, Mobile, News, Internet, Payments, UPI, P2p, Paytm, Phonepe, Google Pay


Amazon Pay launches peer-to-peer payments in India

Continuing its investment in India, Amazon today announced the launch of person-to-person (p2p) payments via Amazon Pay for Android users in the country. Customers can now make instant bank-to-bank transactions through the UPI platform on the localized version of the Amazon app, allowing them to settle bills and other expenses with friends, lend or return money with family, pay for services, and more. Notably, the new p2p service will also allow customers to make payments from their bank account...
Tags: Google, Amazon, Ecommerce, Money, India, Tech, E-commerce, Retail, Mobile Payments, Payments, Online Payments, Financial Services, UPI, P2p, Reserve Bank of India, Reliance Industries Limited RIL


PayPal announces $500 million investment in Uber ahead of ride-hailing firm’s IPO

PayPal revealed on Friday that it plans to invest $500 million in Uber ahead of the ride-hailing firm’s much-anticipated initial public offering (IPO). It also extended the partnership between the two companies, which goes back to 2013. As part of the extension, PayPal will look into “future... ...
Tags: Travel, Uber, News, Ipo, Investment, Paypal, Payments, Online Cab booking


Paytm launches recurring payments for businesses through netbanking, cards and wallet

Paytm on has announced the launch of a recurring payments feature for merchants using its payment gateway. This will allow subscription-based businesses to collect payments through a variety of payment modes, including credit cards, debit cards, netbanking and Paytm Wallet, the company said in a... ...
Tags: Travel, News, Payments, Mobile Wallet, Paytm, Recurring Payments


$44M-funded Omni pivots from storage to rentals via retailers

Omni simply couldn’t scale storing stuff in giant warehouses while dropping it and off picking it up from people on demand. Storage was designed to bootstrap Omni into peer-to-peer rentals of the goods in its care. But now it’s found a better way by partnering with retailers which will host and rent out goods for Omni that users will pick up themselves. With that strategy, Omni is now formally pivoting from storage alongside its expansion from San Francisco and Portland into Los Angeles and N...
Tags: Amazon, Social, Startups, TC, Ecommerce, Apps, Real Estate, New York, Storage, Collaborative Consumption, Los Angeles, San Francisco, Portland, Payments, Logistics, Jay