google pay

Paytm cut marketing spend more than the competition: Bernstein report

Paytm, whose initial public offering is expected later this year, has cut down its marketing spend as it focuses on building revenue, and competes with PhonePe and Google Pay in the super application (app) space, according to a Bernstein report. “Within the UPI (unified payments interface) super-apps, PhonePe leads the pack on overall UPI … Read more

GPay does not need RBI authorisation as it’s not a payment system operator: Google to HC

And is only a third party application provider. Google, in an affidavit, has said the PSO authorised by the Reserve Bank of India (RBI) is the National Payment Corporation of India (NPCI) which is the owner and operator of the entire unified payment interface (UPI) network. NPCI, in turn, authorises the payment service provider banks … Read more