Subscription economy to boom; WhatsApp adds ₹; Musk's broadband service in India
Subscription Revolution is all set to begin in India: Shashank, Razorpay
However, with proper regulatory support for recurring payments for the first time, we are going to see many businesses taking advantage of the new rules and launch subscription first products. Monthly active subscribers will be the metric to keep track of in this new world.
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India lags in financial inclusion amid booming UPI payments
From April 2020 to August 2021, the total value of UPI transactions in India stood at Rs 68.81 lakh crore, about 69 per cent of the total value of UPI transactions done since its inception in April 2016.
WhatsApp Adds Rupee Symbol To Chats: Now, Pay Using Whatsapp For Faster Access To Payment Capability
Following the launch of WhatsApp Pay in 2020, WhatsApp announced that it will introduce the Indian rupee symbol in the chatbox as a visual indicator for making payments easier for users on the platform – a slight change from the current solution that takes two steps to initiate payments.
Elon Musk’s Starlink Plans To Offer Broadband Services In India. Amazon In The Race Too?
Billionaire Elon Musk’s satellite internet venture Starlink is mulling to start broadband services in India from December next year, subject to the government approval, a senior company representative said on Friday.
India reports 22,842 fresh Covid cases, 25,930 recoveries in the last 24 hours
India on Sunday reported a total of 22,842 fresh Covid cases, while recovery in the last 24 hours went up to 25,930 across the country.
InMobi unicorn unit Glance goes ‘Live’ to lure more users on its lock screen
Glance Live “Is a very authentic, real and engaging content format for Gen Z to begin with,” Piyush Shah, Co-Founder of InMobi Group, and Glance President and COO, asserted in an interview on Sunday.
Jeff Bezos invests in Indonesian e-commerce startup Ula
The Jakarta-headquartered firm – which counts B Capital Group, Sequoia Capital India, Lightspeed Venture Partners, and Quona Capital among its existing investors – is in advanced stages of talks to finalize a new round of over $80 million.
Google removes 93,550 content pieces in August in India, shows compliance report
Google received 35,191 complaints from users and removed 93,550 pieces of content based on those complaints in the month of August, the tech giant said in its monthly transparency report.
Crypto consumers at substantial risk given limited disclosure and oversight: IMF
NEW DELHI: Crypto boom poses new challenges to financial stability and consumer protection risks remain substantial given limited or inadequate disclosure and oversight, according to the International Monetary Fund.
Facebook prepares employees for whistle-blower accusations
NickClegg, Facebook’s head of global policy, braced employees for the expected charges in a memo on Friday evening.
Equitable benefit aim of e-com rules: Piyush Goyal
Striking a conciliatory note, trade minister Piyush Goyal said he would have to balance the interests of both consumers and large domestic companies who oppose the proposed e-commerce rules related to consumer protection.
Got this Flubot malware warning on your Android phone? Beware, it’s a trap
The infamous Flubot malware is back and hackers have found new ways to infect Android phones with the virus.