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WhatsApp is rolling out peer-to-peer payments in India

WhatsApp is rolling out peer-to-peer payments in India
WhatsApp has been working on a mobile payment solution in India for a long time, with the first test runs starting all the way back in 2018. After this extensive period of trials and an unrelated (attempted) launch of the feature in Brazil, the time has finally come Facebook has announced that it s launching
Payments on WhatsApp in India.
In the beginning, WhatsApp supports the five leading banks in the country: ICICI Bank, HDFC Bank, Axis Bank, the State Bank of India, and Jio Payments Bank. That s in line with a report from May that listed all payment partners except for Jio. ....

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SBI Card sees over 50 percent of its transaction from online payments, says CEO

SBI Card sees over 50 percent of its transaction from online payments, says CEO
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Last Updated: Apr 04, 2021, 03:02 PM IST
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Synopsis
The pure-play card company is also seeing an emerging trend of securing more customers from non-metro locations. It is also banking on its parent company SBI s huge customer base to expand further.
Agencies
SBI Cards and Payment Services (SBI Card) has been seeing over 50 per cent of its transactions via online payments such as on groceries, utility bills, insurance premium, and hopes the trend to go up further as point of sale purchases are yet to pick up, top company executive said. Keeping a watch on the recent coronavirus resurgence in the country across some key locations, SBI Card MD and CEO Rama Mohan Rao ....

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50% of SBI Card transaction from online payments, says CEO

Particularly within SBI Card, now, more than 53 per cent of the spends actually come from online payments which used to be around 44 per cent earlier, ....

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SBI Card sees over 50% transaction from online payments, says CEO

SBI Cards and Payment Services (SBI Card) has been seeing over 50 per cent of its transactions via online payments such as on groceries, utility bills, insurance premium, and hopes the trend to go up further as point of sale purchases are yet to pick up, top company executive said.
Keeping a watch on the recent coronavirus resurgence in the country across some key locations, SBI Card MD and CEO Rama Mohan Rao Amara said it would be too early to say whether it will have any bearing on people s purchasing behaviour.
However, online payments is a trend which is going to go up further, he added. ....

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SBI Card sees over 50 pc transaction from online payments: CEO

SBI Card sees over 50% transaction from online payments: CEO
SBI Card MD and CEO Rama Mohan Rao Amara said it would be too early to say whether it will have any bearing on people s purchasing behaviour.
SBI Card
SBI Cards and Payment Services (SBI Card) has been seeing over 50 per cent of its transactions via online payments such as on groceries, utility bills, insurance premium, and hopes the trend to go up further as point of sale purchases are yet to pick up, top company executive said.
Keeping a watch on the recent coronavirus resurgence in the country across some key locations, SBI Card MD and CEO Rama Mohan Rao Amara said it would be too early to say whether it will have any bearing on people s purchasing behaviour. ....

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