Digital Payments

PhonePe offers health insurance for first-time buyers

PhonePe offers health insurance for first-time buyers

Digital payments major PhonePe has launched a health insurance plan, Health@999, for first-time health insurance buyers. The product has a three-step process requiring users to share information such as name, age, gender, and email ID to buy the policy. The plan will cover expenses including in-patient and ICU hospitalization, daycare procedures, Ayush treatment, and ambulance charges. […]

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BharatPe to launch Merchant Shareholding Program

BharatPe to launch Merchant Shareholding Program

BharatPe has launched $100 million worth of World’s 1st Merchant Shareholding Program (MSP) for its merchant partners. Under the program, the company offers its merchant customers an opportunity to buy BharatPe’s equity shares and become a partner. The company plans a public listing by 2024 and targets a public listing value of $1 billion. Merchant payments and financial services company will

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NPCI Bharat BillPay ties up with ICICI Prudential Life Insurance

NPCI Bharat BillPay ties up with ICICI Prudential Life Insurance

National Payments Corporation of India (NPCI) the tie-up of its subsidiary NPCI Bharat BillPay with ICICI Prudential Life Insurance to provide the latter’s customers the facility of ClickPay. ICICI Prudential Life Insurance claimed it is the first insurance company to offer the facility of ClickPay to its customers, helping them make payments of renewal premium

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National Internet Exchange of India launches ‘Digital Payment Gateway’

National Internet Exchange of India launches ‘Digital Payment Gateway’

The National Internet Exchange of India (NIXI) has gone digital by launching a ‘digital payment gateway’. NIXI is a non-profit firm under the aegis of the Ministry of Electronics and Information Technology (MeitY). It has launched the digital payment gateway across its three business units by integrating the payment gateways on all its customer-facing websites

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BharatPe launches ‘buy now, pay later’ platform, postpe

BharatPe launches ‘buy now, pay later’ platform, postpe

Fintech Company BharatPe, announced its entry into the ‘Buy Now Pay Later’ (BNPL) category with the launch of ‘postpe’. postpe provides credit to customers. Customers can download the app from Play Store and avail interest-free credit limit of up to Rs10 lakh. The company said that postpe is not only limited to big-ticket purchases but can also be used for micro-purchases,

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Bank of Baroda tops the MeitY Digital Payment Scorecard for 2020-21

Bank of Baroda tops the MeitY Digital Payment Scorecard for 2020-21

Bank of Baroda, announced that the bank has Ranked #1 with a total of 86% marks on the scorecard issued by the Ministry of Electronics and Information Technology (Meity) for the month of February and March 2021. The scorecard ranks 44 banks (Public Sector Banks, Private Banks, Foreign Banks, Payments Banks, and Small Finance Banks) on various parameters on the

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