Saturday, July 27, 2024
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Outlook India
Outlook Business

Payments

It leverages AI to automate complex tasks like invoice-to-pay processes, approval workflows, and real-time GST checks, enabling businesses across industries

Users can make payments for various services through Paytm UPI, UPI Lite, Paytm wallet, netbanking, debit and credit cards.

Allows Paytm FASTag users to pay directly from the Paytm Wallet without the need to create any separate account for recharge.

This move is expected to provide competition to Google, which currently dominates the Indian app store market with over 97 per cent market share

Foreign institutional shareholding has seen a jump from 6.7 per cent to 11.5 per cent with FPIs increasing their stake in the company substantially

With a valuation of $6.5 billion, Cred aims to compete with major UPI players like PhonePe and Google Pay, while navigating challenges such as losses and increasing its revenue

The move has raised questions about how Twitter will fit into Musk's vision for his "everything app" called X

The new soundbox will enable merchants to avail of a loan through its lending partners and claims to provide a battery backup of about seven days

Eugene Karthak and S Vishvanathan join slice’s parent company Garagepreneurs Internet Private Limited (GIPL) as Independent Director and Advisor respectively

The success rate of transactions via Paytm UPI LITE is said to be improved further as it is designed to reduce the load on bank systems for small-value payments