More prefer credit cards for high-value offline & online payments, particularly discretionary spends; more use UPI over cash for food & groceries, school/college fee, clothes & footwear, says a report
The startup, backed by Amazon and Mastercard, says it uses sound waves to enable contactless digital payments with or without the Internet.
PayU is betting on micro-credit after the Naspers-backed company shut down its digital wallet service.
The legendary billionaire investor’s firm confirmed an investment in Paytm’s parent company One97 Communications.
Digital payment platforms have welcomed the government’s efforts to move to a cashless economy. After all, they’ve everything to win, and little to lose.
