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Over 100 charts and a comprehensive analysis of Digital Payments in India, covering credit cards, debit cards, wallets, IMPS, NEFT, with data on Paytm and Mobikwik, and a special analysis on the impact of demonetization.
[Download MediaNama's report on Digital Payments in India here](.
[][Google Tez gets 7.5M users, over 30M transactions in five weeks](
Google Tez has reported over 7.5 million users and 30 million transactions in five weeks, since its launch on September 18th 2017, Caesar Sengupta, VP (Next Billion Users) at the company disclosed yesterday. Sengupta was referencing a recent MediaNama story, where we reported that UPI had 16.6...
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[][Learnings from PayPal results: P2P payments, credit and acquisitions](
Global payments company PayPal reported 218 million active customer accounts for the quarter ended September 2017 (Q3-2017). This was an increase of 13.51% on a year-on-year (YoY) basis. The company added that the number of new active accounts was 8.2 million nearly an increase of 90% YoY in the...
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[][Amazonâs operating income down 40% YoY on the back of India investments](
Amazon Inc. reported net income of $256 million for the quarter ended September 30, 2017 (Q3 2017), marginally up from a net income of $252 million in the corresponding quarter last year. The company’s operating income, however, was down 40% year-on-year (YoY) to $347 million for the...
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[][LPG subsidy credited to customersâ Airtel Payments Bank accounts instead of regular accounts](
The Ministry of Petroleum & Natural Gas has informed that after following up on several consumer complaints regarding non-credit of LPG subsidy over the past few weeks, it has learnt that the subsidy had been credited to their Airtel Payments Bank accounts instead of their regular bank...
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[][ICICI Bank now has 5 million VPAs from its mobile applications](
ICICI Bank has 5 million virtual payment addresses (VPAs) which were generated on its mobile applications. However, the bank did not indicate the number of merchants that it acquired for the UPI this quarter. In the preceding quarter, the bank said that it acquired 130,000 merchants through its...
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[][Googleâs ad revenue accounted for 87.6% of total revenues in Q3 2017](
Google posted revenues of $27.5 billion for the quarter ended September 30, 2017 (Q3 2017). Of this, advertising revenue accounted for $24 billion or 87.6%. And of the total ad revenue, revenues from Google sites contributed $19.7 billion or 82%, while revenues from network members’...
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[][After eight months, PhonePe will allow Airtel bill payments and recharges](
UPI-based wallet PhonePe will now allow bill payments and recharges on Airtel. A company spokesperson confirmed to MediaNama and announced the same via tweet. #PhonePe welcomes @airtelindia! Now Airtel prepaid recharges & bill payments are live on #PhonePe. Download app now:...
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Nikhil Pahwa
Publisher & Editor
nikhil@medianama.com
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