Page 4 - Google Gpay News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Apple, the American technology giant, is reportedly engaged in discussions with local regulatory entities to launch its credit card service, Apple Pay, on the Indian market. The intention of Apple to extend its payment services within the country is widely recognised. During his visit to India, Apple’s CEO, Tim Cook, reportedly held meetings with the CEO of HDFC Bank, focusing on the prospects of jointly developing a credit card offering. The company is reportedly having discussions with other major Indian banks and regulators, including the National Payments Corporation of India (NPCI),...

The new investment from General Atlantic takes PhonePe's total fundraise as part of the ongoing funding to $850 million.

In March, PhonePe raised another $200 million from its largest shareholder Walmart at a pre-money valuation of $12 billion

Walmart-backed PhonePe said it plans to deploy the funds to build and scale its insurance, stockbroking, and ONDC-based shopping businesses.

The cross-border integration between UPI and PayNow was completed Tuesday, allowing citizens in both countries to make faster digital transfers, at a much lower cost than other existing options.