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Telcos Can Claim Tax Credit For Duties Paid On Towers, Others: Supreme Court
In a relief to mobile service providers, the Supreme Court on Wednesday held that the telecom companies can take the benefit of CENVAT credit for payment of service tax on the output services rendered by them.
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JioBharat V3 and V4 4G Feature Phones With JioPay Integration Launched in India: Price, Features
Reliance Jio launched its latest 4G feature phones dubbed JioBharat V3 and JioBharat V4 at the Indian Mobile Congress (IMC) 2024 in India on Tuesday. The 4G feature phones boast an exclusive suite of Jio services such as JioPay integration which facilitates UPI payments, live TV services, and unlimited voice calling with select recharge plans.
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Valora Launches Mobile Stack Web3 Launchpad for iOS, Android Apps
Valora has announced the launch of a new service called ‘Mobile Stack’, that will act as a launchpad for Web3 apps to run as smoothly as possible on smartphones. Jackie Bona, the Co-founder and CEO at Valora, the US-based payments firm, confirmed the development over the weekend through a post on X.
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Government Releases List Of Countries Where UPI Payments Are Accepted
UPI is an instant real-time payment system to facilitate inter-bank transactions through mobile phones.
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EU Regulators Seek More Information on Apple Pay to Boost Case Against iPhone Maker
EU antitrust regulators are seeking more information on Apple's mobile payment system, the European Commission said on Wednesday, a sign that the enforcer is looking to close any loopholes and boost its case against the iPhone maker.
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Tencent Is Bringing Content Creators to WeChat to Challenge TikTok's Dominance
WeChat Pay became the second-biggest player in China's mobile payment market within a year of its 2013 launch, behind Alipay which is owned by Jack Ma-founded Ant Group. Two sources familiar with Tencent said the importance of Channels has been repeatedly communicated within the company.
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Indians Residing In 10 Countries Can Soon Use UPI Services: 10 Facts
The Non-Resident Indians (NRIs) in some countries will soon be able to make transactions using the Unified Payments Interface (UPI) with their international mobile numbers.
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Apple CEO Tim Cook Conveyed Concerns About App Store Curbs to Japan PM: Report
Apple Chief Executive Tim Cook asked Japanese Prime Minister Fumio Kishida to consider protecting users when regulating distribution of smartphone apps, Nikkei reported on Friday citing sources. Apple has faced heightened scrutiny over its App Store practices that charge a 30 percent fee on payments and subscriptions and does not allow iPhones to...
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Google Ordered by CCI to Allow Third-Party Payments, Adopt 8 Remedies in 3 Months
Google on Tuesday was directed by the Competition Commission of India (CCI) to allow third-party billing or payment processing services in India, as the watchdog fined the firm for the second time in October. The company was also asked to adopt 8 remedies or operations adjustments within three months, including not restricting "app developers from ...
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Elon Musk Wants to Make X, an 'Everything App': All You Need to Know About Super Apps
Elon Musk on Tuesday tweeted about the purchase of Twitter being an accelerant to creating X, an "everything app". A super app, or everything app as Musk calls it, has been described as the Swiss army knife of mobile apps, offering a suite of services for users such as messaging, social networking, peer-to-peer payments and e-commerce shopping. The...
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Vijay Shekhar Sharma to Continue as Paytm MD, CEO MD for Five Years, Backed by 99.67 Percent of Shareholders
Paytm founder Vijay Shekhar Sharma has been reappointed as Managing Director and Chief Executive Officer for another five years, according to the company. The country’s leading digital payments and financial services company and pioneer of QR and mobile payments said that 99.67 per cent of shareholders voted in favour of him continuing in his rol...
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Apple to Turn iPhone Handsets Into Payment Terminals Through Tap-to-Pay Feature
Apple is introducing a new feature that will allow businesses to accept credit card and digital payments with just a tap on their iPhone handsets, bypassing hardware systems such as Block's Square terminals.
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Apple Said to Be Working on New Service That Lets Users Accept Payments by Tapping Credit Card on iPhone
Apple is said to be working on a new feature for iPhone that lets users accept payments on their devices with just a tap of a card without needing additional hardware.
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UPI-Based Payments Products To Be Launched For Feature Phone Users: RBI
India has a large mobile phone consumer base of about 118 crore users (TRAI, October 2021). Of this, a significant number of users are still on feature phones.
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TRAI Wants Free USSD Messages for All Users to Encourage Digital Payments
TRAI is seeking to make Unstructured Supplementary Service Data (USSD) messages free for all mobile customers in the country, seeking to bring the charges down from 50 paise down to zero. The regulatory authority stated that the intent of making USSD messages free was to encourage digital payments in the country.
-
Telcos Can Claim Tax Credit For Duties Paid On Towers, Others: Supreme Court
In a relief to mobile service providers, the Supreme Court on Wednesday held that the telecom companies can take the benefit of CENVAT credit for payment of service tax on the output services rendered by them.
-
JioBharat V3 and V4 4G Feature Phones With JioPay Integration Launched in India: Price, Features
Reliance Jio launched its latest 4G feature phones dubbed JioBharat V3 and JioBharat V4 at the Indian Mobile Congress (IMC) 2024 in India on Tuesday. The 4G feature phones boast an exclusive suite of Jio services such as JioPay integration which facilitates UPI payments, live TV services, and unlimited voice calling with select recharge plans.
-
Valora Launches Mobile Stack Web3 Launchpad for iOS, Android Apps
Valora has announced the launch of a new service called ‘Mobile Stack’, that will act as a launchpad for Web3 apps to run as smoothly as possible on smartphones. Jackie Bona, the Co-founder and CEO at Valora, the US-based payments firm, confirmed the development over the weekend through a post on X.
-
Government Releases List Of Countries Where UPI Payments Are Accepted
UPI is an instant real-time payment system to facilitate inter-bank transactions through mobile phones.
-
EU Regulators Seek More Information on Apple Pay to Boost Case Against iPhone Maker
EU antitrust regulators are seeking more information on Apple's mobile payment system, the European Commission said on Wednesday, a sign that the enforcer is looking to close any loopholes and boost its case against the iPhone maker.
-
Tencent Is Bringing Content Creators to WeChat to Challenge TikTok's Dominance
WeChat Pay became the second-biggest player in China's mobile payment market within a year of its 2013 launch, behind Alipay which is owned by Jack Ma-founded Ant Group. Two sources familiar with Tencent said the importance of Channels has been repeatedly communicated within the company.
-
Indians Residing In 10 Countries Can Soon Use UPI Services: 10 Facts
The Non-Resident Indians (NRIs) in some countries will soon be able to make transactions using the Unified Payments Interface (UPI) with their international mobile numbers.
-
Apple CEO Tim Cook Conveyed Concerns About App Store Curbs to Japan PM: Report
Apple Chief Executive Tim Cook asked Japanese Prime Minister Fumio Kishida to consider protecting users when regulating distribution of smartphone apps, Nikkei reported on Friday citing sources. Apple has faced heightened scrutiny over its App Store practices that charge a 30 percent fee on payments and subscriptions and does not allow iPhones to...
-
Google Ordered by CCI to Allow Third-Party Payments, Adopt 8 Remedies in 3 Months
Google on Tuesday was directed by the Competition Commission of India (CCI) to allow third-party billing or payment processing services in India, as the watchdog fined the firm for the second time in October. The company was also asked to adopt 8 remedies or operations adjustments within three months, including not restricting "app developers from ...
-
Elon Musk Wants to Make X, an 'Everything App': All You Need to Know About Super Apps
Elon Musk on Tuesday tweeted about the purchase of Twitter being an accelerant to creating X, an "everything app". A super app, or everything app as Musk calls it, has been described as the Swiss army knife of mobile apps, offering a suite of services for users such as messaging, social networking, peer-to-peer payments and e-commerce shopping. The...
-
Vijay Shekhar Sharma to Continue as Paytm MD, CEO MD for Five Years, Backed by 99.67 Percent of Shareholders
Paytm founder Vijay Shekhar Sharma has been reappointed as Managing Director and Chief Executive Officer for another five years, according to the company. The country’s leading digital payments and financial services company and pioneer of QR and mobile payments said that 99.67 per cent of shareholders voted in favour of him continuing in his rol...
-
Apple to Turn iPhone Handsets Into Payment Terminals Through Tap-to-Pay Feature
Apple is introducing a new feature that will allow businesses to accept credit card and digital payments with just a tap on their iPhone handsets, bypassing hardware systems such as Block's Square terminals.
-
Apple Said to Be Working on New Service That Lets Users Accept Payments by Tapping Credit Card on iPhone
Apple is said to be working on a new feature for iPhone that lets users accept payments on their devices with just a tap of a card without needing additional hardware.
-
UPI-Based Payments Products To Be Launched For Feature Phone Users: RBI
India has a large mobile phone consumer base of about 118 crore users (TRAI, October 2021). Of this, a significant number of users are still on feature phones.
-
TRAI Wants Free USSD Messages for All Users to Encourage Digital Payments
TRAI is seeking to make Unstructured Supplementary Service Data (USSD) messages free for all mobile customers in the country, seeking to bring the charges down from 50 paise down to zero. The regulatory authority stated that the intent of making USSD messages free was to encourage digital payments in the country.
