Image Credits: Nasir Kachroo / NurPhoto / Getty Images The National Payments Corporation of India (NPCI), the governing body overseeing the country’s widely used Unified Payments Interface (UPI) mobile payment system, is set to engage with various fintech startups this month to develop a strategy to address the growing market dominance of PhonePe and Google …
When it comes to digital wallet adoption, the youngest consumers are outpacing older generations by a wide margin, PYMNTS Intelligence research reveals. By the Numbers The report “How Preferred Payment Availability Can Reduce Cart Abandonment,” a PYMNTS Intelligence and Adobe collaboration, draws from a survey of more than 3,500 U.S. consumers to understand their actions, …
Google Pay (stylized as G Pay) logo of a digital wallet platform and online payment system is seen on a smartphone and a pc screen in the background. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Google is sending another app to the heavens. This time it’s the long-standing …
Image Credits: Alex Tai/SOPA Images/LightRocket / Getty Images Google has announced that Google Pay is shutting down in the United States in June, as the standalone app has largely been replaced by Google Wallet. The company says the move is designed to simplify its payment apps. After the standalone app shuts down in the United …
Image Credits: Aparna Jayakumar / Bloomberg / Getty Images India is facing a quandary in enforcing long-delayed rules to curb the dominance of PhonePe and Google Pay in the country’s ubiquitous UPI payments network. The National Payments Corporation of India (NPCI), a special unit of the central bank, wants to cap market share of any …
dividends domestically – an international partnership may accelerate expansion rapidly. (Photo by: David Talukdar/UCG/Universal Images Group via Getty Images) UCG/Universal Images Group via Getty Images We recently wrote for this column about how GoogleGOOG Pay has defied the odds in India, a crucial fintech market where both American tech and credit card giants have struggled …
Over the last many years, UPI or Unified Payment Interface has changed the way we make payments. Linked to bank accounts, UPI has become one of the most-important mode of transaction. However, payment failures or slow payments can be a dampener while making these payments. Smart Routing is a way these payment failures can be …
Black Friday has always been marked on the calendar by online shoppers to get sweet deals and discounts on various product categories. E-commerce platforms often end up extending the sale for the entire weekend. Google has shared four tips for online shoppers to make the most of Black Friday weekend:Look for small businessesGoogle is making …
The National Payments Corporation of India (NPCI) has an important message for third-party UPI apps like Google Pay, Paytm, PhonePe etc. and others. In a circular issued recently, NPCI has asked third-party apps and banks to deactivate the UPIIDs and numbers that have been inactive for more than a year. For those unaware, NPCI is …
Google rolled out its search generative experience (SGE) in India in August, bringing AI-generated responses and summaries to queries on its popular search engine. Generative AI search promised to provide more effective and engaging results and in-depth overviews. Now, the tech giant is rolling out improvements to its AI search tool in India. Google is …