Amazon has entered the insurance distribution business in India, tying up with general insurance startup Acko to sell motor vehicle policies on its Pay platform. Amazon’s entry as a corporate agent is in line with its plan to become a full-fledged financial services platform. Amazon Pay currently offers UPI, wallet and co-branded credit card services […]

Amazon has entered the insurance distribution business in India, tying up with general insurance startup Acko to sell motor vehicle policies on its Pay platform. Amazon’s entry as a corporate agent is in line with its plan to become a full-fledged financial services platform. Amazon Pay currently offers UPI, wallet and co-branded credit card services […]

Illustration: Rahul Awasthi Internet companies including home-grown social media startups and music-streaming firm Gaana have recorded a jump in the consumption of religious, astrology and wellness content since March, even as the Covid-19 pandemic forced people to stay indoors. Religious organisations are also relying on YouTube, Instagram and Zoom to broadcast their content, as most […]

Illustration: Rahul Awasthi Internet companies including home-grown social media startups and music-streaming firm Gaana have recorded a jump in the consumption of religious, astrology and wellness content since March, even as the Covid-19 pandemic forced people to stay indoors. Religious organisations are also relying on YouTube, Instagram and Zoom to broadcast their content, as most […]

Representative image The waiver of the merchant discount rate (MDR) on digital payments will slow down its deployment in the country, where the cost of merchant acquisition is between $500 million and $1 billion a year, National Payments Corp of India (NPCI) chief executive Dilip Asbe said at a panel discussion on Wednesday. “At a […]

Representative image The waiver of the merchant discount rate (MDR) on digital payments will slow down its deployment in the country, where the cost of merchant acquisition is between $500 million and $1 billion a year, National Payments Corp of India (NPCI) chief executive Dilip Asbe said at a panel discussion on Wednesday. “At a […]

Google India Digital Services has filed an affidavit at the Delhi High Court stating that its Pay platform is not in violation of any Indian law. The US-based tech giant was responding to a Public Interest Litigation (PIL) which alleged that Google Pay platform didn’t have the requisite Reserve Bank of India authorisation to operate […]

Google India Digital Services has filed an affidavit at the Delhi High Court stating that its Pay platform is not in violation of any Indian law. The US-based tech giant was responding to a Public Interest Litigation (PIL) which alleged that Google Pay platform didn’t have the requisite Reserve Bank of India authorisation to operate […]

India’s digital subscription economy is set to receive a major boost with the launch of a new UPI-based auto-pay feature for recurring payments. Smaller venture capital firms are clocking good returns from some of their portfolio companies at a time when the broader industry has sharply trimmed investments amid Covid-19 pandemic. UPI Autopay The National […]

Twitter, bruised by a hack last week that compromised the accounts of high-profile users, may have to account for a different embarrassment when it reports earnings to investors on Thursday: paltry ad revenue. The social media company said in April that it had sped up work on long-sought tools to attract advertisers, particularly mobile games […]