Companies News

Paytm’s Average Monthly Transacting Users Grow 19% YoY To 9.3 Cr

Paytm, India’s leading payments and financial services company and the pioneer of mobile and QR payments, has announced its business operating performance for July 2023. The company continues to strengthen its leadership in in-store payments with 82 Lakh devices deployed, a growth of 101 per cent YoY. The company has added 3.8 lakh devices in […]

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Brands Companies News

Hitachi Payment Services To Acquir Writer Corporation’s Cash Management Business To Expand Payments And Commerce Solutions Portfolio

Hitachi Payment Services on Thursday said that it has acquired the Cash Management Business of Writer Corporation. The company said that this acquisition will transform Hitachi Payments’ market standing by integrating the cash management business into its overall service offerings, positioning it as a one-stop payments and commerce solutions provider. It will enable Hitachi Payments […]

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News Retail Retail Tech

90% Retailers Opt For Digital Payments, Expects Over 50% Sales Via UPI: Survey

Digital payments in India have been crossing record transactions in the last few months.  According to recent data from RBI, NPCI, and banks, digital transactions have jumped from 20.7 billion in FY 2017-18 to 88.4 billion in FY 2021-22.  March 2023 saw UPI transactions clocking the highest-ever number of transactions at 8.7 billion, making it […]

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