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    Bangalore

    News about Bangalore.

    State Bank of India goes live with mVisa

    May 6th, 2016

    Customers of State Bank of India (SBI) can now make QR code-based mobile payments using mVisa, the mobile payment platform unveiled by Visa and piloted by SBI in August 2015. “Bank customers can simply download the latest version of SBI Anywhere application and register for mVisa payments by simply clicking the mVisa icon on the home screen,” SBI says. “In the first phase, SBI’s mVisa service has been introduced in Bangalore city — this facility will be gradually expanded to other cities.”

    SBI to launch feature phone wallet

    November 16th, 2015

    State Bank of India (SBI) is to launch Batua, a mobile wallet service that works on feature phones, The Economic Times reports. “The bank is also planning to launch another version of Batua for very basic phones which does not offer internet access and does not entail downloading any app.” SBI is one of six banks currently testing a mobile payments service developed by Visa in Bangalore.

    Ultracash launches sound-based mobile payment service in Bangalore

    October 13th, 2015

    Bangalore-based Ultracash Technology Labs has launched a mobile payment service that lets consumers make payments at close to 500 merchants in the city using a high frequency sound-based technology. Some 24,000 transactions were conducted using… More

    Ezetap raises $24m for mPOS expansion

    August 10th, 2015

    Bangalore-based Ezetap has raised Rs150crores (US$23.5m) to expand its mPOS solution of configurable mobile app and card reader that plugs into a merchant’s mobile device. “Ezetap is already activating over 500 new small retail merchants a week and will use some of its funds to increase that by five times in the next few months,” the company says.

    Indian banks to test mVisa mobile payments in Bangalore

    August 6th, 2015

    India’s Axis Bank, HDFC Bank, ICICI Bank and State Bank of India (SBI) are to pilot a mobile payment service developed by Visa this summer that will let select customers make in-store, online and bill payments as well as send and receive money using their mobile devices. More

    Restaurants in India offer NFC payments

    December 1st, 2014

    Indian restaurant chain Adigas is rolling out NFC payments to its customers in partnership with mobile payment company iKaaz, starting first in its Brahmin’s Coffee Bar in south Bangalore. “NFC cards/tags are issued to customers [and] mapped to their mobile phones to enable micro-payments,” Iamin reports. “Customers can load amounts between Rs100 (US$1.60) and Rs10,000 with the annual transaction limit set at Rs1lakh (US$1,611).”

    iKaaz takes mobile payments to Kenya

    June 5th, 2014

    Bangalore-based iKaaz is to expand its NFC payments platform to Kenya. Following its introduction to Nigeria earlier this year, the mobile payments provider has joined with Kenya’s Family Bank and local partner Edge financial systems to provide customers with Tap & Pay options in both retail and transport.

    iKaaz takes NFC to Nigeria

    February 27th, 2014

    Bangalore-based NFC payments provider iKaaz is taking its technology to Nigeria, in partnership with First City Monument Bank. The company, founded by former Nokia Money employees, offers an mPOS device, mobile wallet and NFC stickers that are tied to the customer’s bank account. SMS-based payments are also supported.

    Mahindra opens NFC test lab

    February 24th, 2014

    An NFC test lab has been opened in Bangalore, India by Tech Mahindra. The lab meets the NFC Forum’s first wave testing requirements and “also has the infrastructure to meet the upcoming wave two test requirements of the Forum.”