Payments

PwC resigns as auditor of Paytm Payments Services PwC was appointed as statutory auditor of PPSL for five years from FY2022 to FY2026. Price Waterhouse Chartered Accountants LLP (PwC) on Monday resigned as the statutory auditor of Paytm…

UPI In Dubai? After Singapore, India's UPI May Extend To These 3 Countries: Report Last week India’s Unified Payments Interface (UPI) and Singapore’s leading payments platform PayNow were integrated. This linkage enabled real-time funds…

Deciding the right payment gateway for your business When we look at MSMEs, we classify them as micro, small or medium businesses, but their impacts are huge and invaluable. They are the backbone of our country’s economy because…

2023 Layoffs: THIS Payment Firm To Layoff 2,000 Employees In Coming Weeks In November, PayPal had cut its annual revenue growth forecast in anticipation of a broader economic downturn and said it did not expect much growth in its U.S.…

Scaling up. Mobikwik looks to expand merchant business, sets eyes on full-year PAT for FY24 After its IPO approval lapsed in November 2022, Mobikwik is now looking to reapply for an IPO in H2FY24, albeit with better financials…

Payment Processing and Subscription Revenues: Two Key Margin Drivers Behind Paytm’s Strong Growth As the pioneer of mobile payments and QR technology, Paytm has established itself as a leader in India’s rapidly-expanding digital payments…

Can India's UPI System go Global? The National Payments Corporation of India's international unit has signed a string of deals over the past two years with foreign companies and central banks. Can the UPI become a global service? In…

Payments Giants Come Together to Drive Financial Inclusion ACI Worldwide and India1 Payments to Expand ATM access in Rural India Convergence of ACI technology and India1 nationwide ATM network to fast track last-mile delivery of…

Payments Banks’ technology-oriented business models no longer their niche Business models of PBs needs to be ensured that they are sufficiently robust and technological standards are adhered to so that they survive in a…

PayU appoints Arvind Agarwal as CFO for its India Payments Business Agarwal joins PayU after a successful stint at Nykaa that saw robust recovery from Covid while turning the unicorn profitable. Online payments solutions…