India sees 76% growth in digital payments

Online transactions saw a growth of 76 per cent in the first quarter of 2021 as compared to 2020, as tier 2 and 3 cities and towns continued to contribute over 50 per cent of all online transactions, a new report said on Monday. Continue Reading

‘Small towns drive online transactions by 80% in 2020’

In a year bogged down by pandemic-driven lockdowns and social distancing, online transactions grew by 80 per cent in India as compared to 2019, suggesting a significant adoption of digital payments by consumers and businesses alike especially from the smaller cities, a new report said on Tuesday. Continue Reading

Pine Labs & Zest Money partner to offer instant credit

Merchant commerce platform, Pine Labs, announced a strategic partnership with consumer lending fintech, ZestMoney. Pine Labs and ZestMoney will provide in-store digital Equated Monthly Instalment (EMI) options to customers through Pine Labs’ Plutus and Plutus Smart point of sale (PoS) devices. Continue Reading