Earlier this year, U.S retail giant Walmart picked up a 77% stake in one of India’s largest online retailers, Flipkart. The deal was valued at $16 Billion. With a further [...]Read more Getting The Omni Channel Retail Strategy Right Using Payments
On the 1st of September 2018, the Honorable Prime Minister of India, Mr. Narendra Modi, launched the India Post Payments Bank (IPPB), which will operate under the Indian [...]Read more India Post Payments Bank – Challenges and Opportunities
Aadhaar, a 12-digit unique identity number, for Indian residents based on their biometric and demographic data, was launched in January 2009. As of July 2018, there are over [...]Read more All Your Questions About Aadhaar Virtual ID – Answered Here!
As India moves towards a cashless, digital economy, concerns about the security of digital payments loom large. Although advances in technology have resulted in banks and [...]Read more Know the Various Security Passwords while Making Digital Payments
India’s digital payments market is witnessing immense growth and development in the past couple of years. Since the demonetization drive, several digital initiatives by the [...]Read more Here’s Why Global Players Are Vying India’s Digital Payments Market
Technology vendors across the world, including Microsoft, Amazon, and Oracle, are stepping up efforts in the recent years to enable companies to store data, applications, [...]Read more Mandate by RBI Regarding On-Soil Storage of Payments Data – Here Is What You Need to Know
In a bid to make India cashless, Government of India is taking several initiatives as part of the Digital India Programme. Based on the immediate payment service (IMPS), it [...]Read more Your 10 Most Common Questions About UPI – Answered Here!
At Phi Commerce, we strive to enhance India’s digital payment ecosystem through our innovative payment solutions. Recently, we did a pan India launch of PayPhi Bharat [...]Read more Phi Commerce and Mastercard Join Hands to Incentivise Digital Payments through Cashback
In December 2017, the National Payments Corporation of India reported that there were 1.06 billion digital payment transactions in India –the first time the Billion mark had [...]Read more Top Trends Transforming Digital Payments Industry In 2018