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Demonetisation effect: Average e-wallet spends to touch Rs 10,000 next year
Fri, Dec 30, 2016
Post-demonetisation, e-wallet or mobile-wallets (m-wallet) started gaining momentum due to the severe cash crunch on account of 86% of currency being made illegal overnight.
Average balance in a Paytm account since demonetisation? Rs 59
Thu, Dec 29, 2016
Average balance in a Paytm wallet since demonetisation drive that began on November 8, 2016 has been around Rs 59.
Lucky Grahak Yojana for digital payments starts today
Tue, Dec 27, 2016
The lucky draw scheme announced by PM Narendra Modi on Christmas morning will be starting from December 27, the government tweeted on Tuesday.
Mann Ki Baat: PM Modi announces lucky draw schemes for digital payments
Sun, Dec 25, 2016
Prime Minister Narendra Modi on Sunday announced lucky draw schemes for people who use digital payment methods including e-banking, mobile banking and e-wallets.
FreeCharge to offer e-wallet protection
Tue, Dec 20, 2016
Digital payments company Freecharge today said it will provide free insurance on wallet balance of up to Rs 20,000 on their e-wallets to users in case of loss or theft of mobile phones.
No-cash November pushes four-fold jump in e-wallet downloads
Mon, Dec 19, 2016
PM Modi's demonetisation move pushed e-wallet app downloads to grow four-fold in the midst of a cash crunch.
Discounts on digital payments of toll, petrol, insurance: Jaitley
Thu, Dec 08, 2016
Now your Paytm wallet will become your Paytm Payments Bank account
Mon, Dec 05, 2016
Digital wallet service company, Paytm owned by One97 Communications Ltd, said on Monday that it will be converted into Paytm Payments Bank after the company is granted licenses by Reserve Bank of India.
MobiKwik Lite crosses 20 lakh downloads in just 2 days as cash crunch prevails
Thu, Dec 01, 2016
Mobile wallet and online payment system, MobiKwik’s mobile app – MobiKwik Lite registered 20 lakh downloads in the first two days after its launch owing to demonetisation and the current cash crunch.
Paytm's user base doubles in just two weeks
Wed, Nov 23, 2016
Paytm founder and CEO Vijay Shekhar on said that user base on its platform now stands at 150 million. Just a week after PM Modi’s announcement the company’s user base touched 75 million with 700% increase in overall traffic and 1000% increase in money transactions on its platform.
Will people take to e-wallets like Paytm, Freecharge as Govt scraps some notes?
Wed, Nov 09, 2016
The demonetisation move by the government which left old Rs 500 and Rs 1,000 notes illegal tenders from midnight of November 8 made people switch preferences to e-wallets like Paytm and debit or credit card transactions.
Indian internet users to double to 730 million in 4 years
Thu, Aug 18, 2016
Future of Indian internet users seem bright with NASSCOM predicting 730 million internet users in India by 2020. The growth in internet users will be mainly fuelled by 75% new users from rural areas, The Future of Internet in India report by NASSCOM stated.