
'TataNeu' is expected to have separate business verticals such as grocery, pharmaceuticals, education, finance, and beauty

Recharges, bill payments and P2P categories are higher in tier-2 cities, as UPI has been the first digital bill payment option for many

Indian consumers will now get a diversified portfolio of insurance products to choose from insurance companies, on PhonePe.

AA also improves the availability of financial services and competition as the customer no longer has to depend on one provider

Those who have applied for the authorisation or in the advanced stages of submitting their proposals include Tata Group, Amazon, and Paytm

Credit card's average transaction size at PoS is around Rs 3,600, while average spends per card in a month is around Rs 11,000- 12,000

If PhonePe and Google Pay reduce providing incentives, it could result in the share of merchant payments shooting up

Walmart-owned fintech company has cornered 46% of India’s UPI market as the volume of transactions and total value post a new record in June

The online 'buy now, pay later’ model has picked up momentum in the country as youngsters are becoming wary of using credit cards

PhonePe's dynamic QR code solution will enable customers to pay digitally through any UPI app at the time of delivery.