Google and Stripe eye a slice of UPI pie in India

Google and Stripe eye a slice of UPI pie in India — Economic Times — “Google is preparing to introduce its digital wallet, Android Pay, in India this year, anchoring the platform to the government-backed Unified Payments Interface as are other global companies including Stripe and WhatsApp… Google has started testing UPI on its Android Pay platform, said one person aware of the developments.”










Free insurance offer for mobile wallet

Indian consumers using the FreeCharge mobile wallet will have their wallet balance of up to Rs 20,000 (US$293) insured free of charge, Economic Times reports, as long as they are making transactions using the service at least once a month, through a partnership with Reliance General Insurance... More






Paytm trials sound-based payments

Indian mobile payment platform Paytm is trialling a Sound Pay feature that will enable users of its mobile app to make in-store payments via ultrasonic sound waves which transmit data — including payment amount and customer credentials — to the point of sale... More






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