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Mobile transactions News

17 Nov 2015

Snapdeal-owned FreeCharge to introduce LPG cylinder refill payments soon

FreeCharge said it will spend up to Rs 2,000 crore on promotions and cashbacks over 18 months.

07 Jul 2015

Axis Bank's mobile transactions double in June

Third-largest private sector lender Axis Bank Tuesday reported doubling of its number of mobile transactions for June, with the total value touching the Rs 2,400 crore mark.

mobile transactions

06 Feb 2015

FreeCharge raises $80 mn from Valiant, others

Mobile transactions platform FreeCharge on Friday said it has raised USD 80 million (about Rs 494 crore) from Valiant Capital Management, Tybourne Capital Management as well as the already invested firms.

18 Sep 2014

SBI accounts for half of mobile transactions: RBI

State Bank of India's (SBI) account holders undertook 52,27,782 transactions using their mobile phones involving Rs 546.34 crore in value in June, RBI said in data released Thursday.

mWallet India Growth

29 Jun 2014

Lack of awareness, bank deposit fee hinder mWallet India growth

Lack of awareness of mWallet services and fees imposed by banks on firms offering them continue to curtail the growth of the globally multi-billion dollar segment.

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