merchants

zoho, zakya, pos device, point of sale, retail stores, cloud software, billing, inventory management, pine labs, razorpay, phonepe

Zoho launches new POS solution Zakya for small and medium retailers; see key features here

The solution can be implemented in under an hour for businesses with thousands of items in inventory.

February 27, 2024 11:18 IST

Welspun Corp, EPIC, Aramco, order, order value, steel pipe

PayU partners with NPCI to offer credit line on UPI for merchants

“With over 380 million UPI users gaining easier access to credit line, the next big wave in digital payments is…

February 14, 2024 11:45 IST

ondc, open network for digital commerce, ondc network participants, ondc sellers, ecommerce, ecommerce sellers, ondc network, retail merchants, quality council of india, qci,

Number of merchants on ONDC expected to multiply in coming year, says MD & CEO Koshy

“We started with 600 merchants on-board in January last year. At present there are around 3 lakh merchants (on-boarded). In…

February 9, 2024 11:02 IST

razorpay, upi, digital transactions, failed transactions, razorpay pos, merchants, online payments, razorpay funding, y combinator, matrxi partners, rbi, reserve bank of india

Razorpay POS announces instant refund for failed UPI transactions; here’s how it works

The process involves an attempt within 3 seconds of the failed transaction. In case of failure, the system persistently attempts…

January 22, 2024 19:55 IST

Paytm, digital payment, merchant payments, in-store payment, app, Soundbox, QR codes, financial inclusion, technology

Paytm Recap 2023: 912 crore merchant payments made via Paytm in Q2FY24; Delhi made most payments between 12-6 am

One interesting finding in the report was that the maximum number of payments have been done on Saturdays, making it…

December 28, 2023 10:20 IST

Mastercard, U GRO, MSME, digital supply chain, scheduled commercial banks, small businesses, startup, funding

Mastercard partners with U GRO Capital for loans to dealers, distributors, last-mile retailers, others

The collaboration with U GRO Capital is in line with Mastercard’s earlier announcement to get 1 billion people and 50…

November 23, 2023 14:59 IST

Embedded finance, MyShubhLife, PayWorld, credit, retail merchants, digital loans, digital lending, rbi, retailers

Embedded finance platform MyShubhLife partners with PayWorld for credit to retail merchants

Credit and finance for MSMEs: The company said it will leverage the “vast retailer base” of PayWorld to provide merchants…

July 7, 2023 08:00 IST

paytm, vijay shekhar sharma, digital payments, paytm merchants, paytm subscription devices, paytm loans, paytm gross merchandise value, paytm lenders, phonepe, gpay, paytm june quarter results

Paytm sees 109% growth in merchants subscribing to payment devices as of June; merchant GMV jumps 37%

Ease of doing business for MSMEs: The company’s total merchant payment volumes (gross merchandise value) processed for the quarter ended June also grew…

July 5, 2023 10:34 IST

npci, upi, walletsdigital payments, merchant categories, national payments corporation of india, p2m payments, peer to merchant, peer to peer, rbi, digital payments, merchants

UPI: Peer-to-merchant transactions see 110% YoY growth in May 2023; value increased by 60% to Rs 3.44 lakh cr

Credit and finance for MSMEs: P2M transactions had a 57.03 per cent share in total UPI volume in May compared to the…

June 4, 2023 13:43 IST

ONDC, transaction, expansion plans, merchants, orders, geographic footprint, logistics providers, volume surge

ONDC’s aggressive expansion plans in play as transactions grow 500x, merchants grow 40x since start of 2023

The number of retail merchants at ONDC increased from 800+ in January 2023 to 35,000+ currently. The number of orders…

May 11, 2023 12:00 IST

msme, e-commerce, razorpay, current account, tax, compliance, banking system, payment system, digital banking system, axis trustee services, rbl bank, escrow+, p2p lending, gaming

RazorpayX launches new solution to provide escrow accounts to merchants for easy money transfers

Technology for MSMEs: The new solution provides businesses with an Escrow trustee, in partnership with Axis Trustee Services, who are…

May 9, 2023 19:22 IST

PhonePe says it crossed 100 million transactions a day; processes over 2.5 billion transactions a month

Ease of Doing Business for MSMEs: Founded in December 2015, PhonePe said it has more than 370 million registered users…

April 13, 2022 13:24 IST

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EU sanctions 3 India-based companies

World News9 min ago

The EU has imposed sanctions on 45 companies, including three Indian firms, for their alleged involvement with Russia’s military. These measures are part of the EU’s efforts to pressure Moscow for its invasion of Ukraine. The sanctions will result in tighter export restrictions for goods with dual civilian and military use. This is the 19th round of sanctions.

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