Vodafone Idea to close m-pesa business, writes off Rs 210 crore for payments bank closure

NEW DELHI: Vodafone Idea Ltd has decided to close m-pesa vertical following the closure of Aditya Birla Idea Payments Bank Ltd (ABIPBL), in which it was being merged with, a top official said on Monday. Nearly 17 months after it began operations, ABIPBL on July 20 announced winding up of its business on account of […]

Hike Messenger, Airtel Payments Bank Collaborate on Digital Wallet

Screenshot from the Hike Wallet App Indian instant messaging application Hike on Wednesday partnered with Airtel Payments Bank to power its digital payment wallet. “We’re on track of over five million transactions this month (November) from services such as recharge and P2P. “We’re excited and we look forward to working with Airtel on supporting this effort to bring more […]

Target planning in-store payments through mobile app this year while still resisting Apple Pay

Target has accepted Apple Pay in its mobile app since Apple’s mobile payment service launched in 2014, but the retailer still doesn’t take Apple Pay in stores. Now Target is planning to introduce its own mobile payment solution later this year which suggests Apple Pay support in stores isn’t coming any time soon. Recode reports that Target is planning […]

CashKaro Founder Takes to Twitter for Pending payments From MobiKwik

HIGHLIGHTS MobiKwik is a leading bills pockets in India. CashKaro is certainly one of the larger affliate entrepreneurs here. CashKaro’s CEO tweeted that MobiKwik owes it six months of dues. typically, when you see corporations chatting on Twitter, it’s a sad strive at smart humour to makeemblem partnerships and company mergers into trending topics. while […]

Steam Now helps Bitcoin payments

you could now pay for Steam video games with the maximum famous cryptocurrency – Bitcoin, US-primarily based Bitcoin charge carrier company Bitpay, announced on Wednesday night. Bitpay’s partnership with Valve confirms the reports that surfaced returned in February. “Valve reached out to us due to the fact they were searching out a fast, global charge […]

Amazon Granted Patent for Authorising Payments With Selfies

Online retail colossus Amazon last week was granted a US patent on using selfies – instead of passwords – for shopping when using smartphones. Seattle-based Amazon reasoned that combining sensor and camera capabilities in smartphones with face and gesture recognizing software results in higher security than passwords or identification numbers. “Such approaches provide for user […]