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Tag: e-payments

E-payments battle leads to $1bn loss for top cos in FY19, Retail News, ET Retail

Digbijay Mishra & Madhav Chanchani | TNN Bengaluru/New Delhi: The battle for domination in the digital payments space has caused a collective loss of over Rs 7,283 crore ($1.03 billion) between SoftBank-backed Paytm, Walmart-owned PhonePe and Amazon Pay during the fiscal ending March 2019. This is a collective increase of 167% from Rs 2,729 crore …

E-payments battle leads to $1bn loss for top cos in FY19, Retail News, ET RetailRead More

Centre hikes e-payments target for FY20 to 45bn, Retail News, ET Retail

Digbijay Mishra | TNN Bengaluru: The government is making changes in its digital payments road map as it has now increased the target for e-transactions in the financial year ending March 2020 to 45 billion (by volume) from 40 billion, two people aware of the matter said. The Ministry of Electronics and Information Technology (MeitY) …

Centre hikes e-payments target for FY20 to 45bn, Retail News, ET RetailRead More