Tag: Paytm

Alipay and Paytm go to local stores to hard sell e-wallets

Chinese payments company Alipay and Indian partner Paytm said they aim to increase adoption of digital wallets by small store owners in India and China this year. As a part of the initiative, Alipay said it is offering Paytm its technological capabilities and risk management systems to help it gr…

Mobikwik to offer 6% annual return to wallet users

Fin-tech company MobiKwik said it will offer 6 per cent annual interest on the account balance to its mobile wallet users. The company, which competes with Alibaba-backed Paytm, has over 30 million wallet users in the country. MobiKwik claims it is growing at 250 per cent per year and expects to …

Startups nudge staff to change work culture

Employees at startups, which were once fledgling firms but are now established in their fields, are being given challenging KRAs, key result areas to measure performance outcomes. A highly competitive operating environment is driving this shift towards a new work culture. While Bigbasket has told…

PHDCCI Innovation Summit for MSMEs to bring together industry honchos

On June 3rd, PHD Chamber will host Innovation Summit that aims at enhancing the innovative capacities of micro, small & medium enterprises. Discussions and deliberations will be around two key focus areas – Innovative Strategies for Sustainable MSME Financing and Technology Adaption in …

Freecharge CEO eyes 7 million daily transactions

Touching seven million daily transactions is on top of the agenda for Freecharge’s new Chief Executive Govind Rajan , as he takes over from Kunal Shah , the founder of the digital payments platform , who stepped aside from the role earlier this week. Rajan, who prior to his elevation, held …

Askme Fin plans payment services for SMEs

E-commerce marketplace Askme Bazaar plans to help small and medium vendors who are transacting on its site by arranging credit and insurance products for them. These services will be provided via Askme Fin, the groups’ financial services platform. In the last 2-3 months, Askme Fin has helped abou…

Cutting influence of big businesses is good, but strengthen SME policies

Narendra Modi’s government is completing its two years and while several things have changed people’s expectations is that more could be done. But what is it that can be done if real change has to happen. What is needed is not always what business particularly big business wants. One thing that h…