Razorpay CEO joins PhonePe chief in backing free UPI payments for consumers amid doubts over MDR
After PhonePe founder and CEO Sameer Nigam assured consumers that UPI payments would remain free for them, Razorpay’s…
WhatsApp overtakes CRED in UPI volume in June; PhonePe retains lead
WhatsApp overtook CRED in Unified Payments Interface (UPI) transaction volume in June, processing 150.48 million transactions compared with…
PhonePe appoints Srijon Biswas as CTO
Digital payments and fintech platform PhonePe has appointed Srijon Biswas as its Chief Technology Officer (CTO). In his…
PhonePe clarifies inactive wallet charges apply only to wallet balances
Digital payments platform PhonePe has clarified that inactivity fees on dormant wallets will not affect users’ linked bank…
UPI crosses 23 Bn monthly transactions for the first time in May
Unified Payments Interface (UPI) crossed the 23 billion monthly transaction mark for the first time in May 2026,…
Startup Mafia 3.0: Razorpay, Cred, Meesho help spawn 200+ founders
Executives from India’s second generation of high-growth startups, built between 2014 and 2025, have spawned a new wave…
PhonePe hits 9.8 Bn UPI transactions in December; BHIM overtakes CRED
PhonePe has continued to tighten its grip on India’s UPI ecosystem in December with 9.81 billion customer-initiated transactions…
PhonePe records 9.4 Bn UPI transactions in October
PhonePe and Google Pay continue to dominate UPI based customer initiated transactions in October. The two apps together…
PhonePe, G-Pay see decline in UPI transactions in Sept; gaming payments collapse
September witnessed a steady performance in India’s Unified Payments Interface (UPI) ecosystem, with a total of 19,633.43 million…
PhonePe gets RBI nod to operate as ‘online payment aggregator’
Digital payments platform PhonePe on Friday announced that it has received the final authorization from the Reserve Bank…
PhonePe, Paytm, Cred halt credit card rent payments amid new RBI norms
Leading fintech platforms, including PhonePe, Paytm and Cred, have halted rent payment services on their apps. The category…
CRED, PhonePe, Paytm stop rent payments via credit cards
CRED, PhonePe, and Paytm have halted rent payments via credit cards on their platforms, according to three sources…