Mobile Payment
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Sneha Santra Dec 07 2018 - 2 min readThe emerging innovations in digital space have changed the way we manage and handle our finances. Digital payment has become the most preferred choice of payment among the millennials. After the famous demonetisation, the usage of online transactions has considerably increased. Because of the government’s unrelenting ‘Digital India’ push, digital transactions in the country reached a ...
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Franchise India Bureau Jul 06 2018 - 3 min readPhonePe, the digital payments arm of homegrown e-tailer Flipkart, is in advanced talks to acquire the Point of Sale software-as-a-service (SaaS) platform run by Tiger Global-backed Zopper, two people familiar with the development said. The terms of the deal could not be immediately ascertained. A formal announcement is likely to be made within a week, ...
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Franchise India Bureau Jun 27 2018 - 1 min readUS-based digital payments company MoneyOnMobile plans to inject $6.2 million into its India operations to fuel its expansion plans, according to its chief executive officer, Harold Montgomery. The company, which recently concluded a fundraising, intends to ramp it up its card-swiping terminals to 30,000 in the next six months from 5,000 ...
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Franchise India Bureau Apr 26 2018 - 1 min readJapan’s SoftBank and China’s Alibaba have jointly invested $110 million into the homegrown leading online marketplace, Paytm according to the company’s latest filings with the Ministry of Corporate Affairs (MCA). This infusion fills up Paytm’s coffers with a total of $220 million and increases SoftBank’s stake to 11.99% while bringing down ...
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Franchise India Bureau Apr 05 2018 - 2 min readMobile wallet FreeCharge is likely to raise the largest series-A financing round for an Indian startup, thus helping the startup to revive its business. FreeCharge's founder KunalShah is in talks to pick up $30 million, or around Rs 200 crore, from venture capital fund Sequoia Capital, along with a bunch of ...