The Global Biometric Payment Market was valued at USD 7.4 billion in 2022 and is projected to reach USD 19.28 billion by 2029, growing at a CAGR of 17.3% during the forecast period. Biometric Payment Market Overview The comprehensive Biometric Payment Market report, conducted by Maximize Market Research, provides a detailed regional analysis and competitive landscape.The analysis offers...

Digital Wallet Market Insights Unveiled: A Comprehensive Analysis by Maximize Market Research This MMR study includes information on all the "Digital Wallet Market" trends and technologies that are expected to have a significant impact on the growth over the projected period. Maximize Market Research, a respected authority in the field of market analysis, has recently released an in-depth...

The report also helps in understanding global market dynamics, structure by analyzing the market segments and projects the global market size.   Digital Wallet Market Overview : The market overview of the Digital Wallet Market focuses on the specific market characteristics, including elements like industry competition. Comprehensive market revenue predictions are provided for the global,...

India’s Financial Intelligence Unit (FIU) on Friday imposed a penalty of Rs. 5,49,00,000 ($662,565) on Paytm’s banking arm, Paytm Payments Bank, for violations in reporting illegal money routed through its accounts, the country’s finance ministry said. The FIU initiated a review of Paytm Payments Bank after information from law enforcement agencies about some entities...

Google is rolling out the SoundPod — the company’s wireless speaker that can verify payments received over the Unified Payments Interface (UPI) instant payment system — to small merchants in India, the company announced on Thursday. The company started testing the device as part of a limited trial last year and has revealed that the rollout will take place later this...

Google’s decision to remove some apps in India from its app store “cannot be permitted”, Information Technology Minister Ashwini Vaishnaw said on Saturday, amid an ongoing dispute over service fee payments to the US firm. Google on Friday removed from its Play Store many Indian apps, including Matrimony.com’s popular Bharat Matrimony and job search app Naukri, saying...

Workers inspect smart phone components at the visual inspection area of the surface mount technology workshop inside the Realme factory in Greater Noida, India: Anindito Mukerjee | Bloomberg | Getty Images Anindito Mukerjee | Bloomberg | Getty Images India’s booming tech sector has suffered a major blow as startup darlings Byju’s and Paytm plunge into crisis amid...

The Online Grocery Shopping Market size was valued at USD 348.15 billion in 2022 and the total Online Grocery Shopping Market revenue is expected to grow at a CAGR of 25.23 % from 2023 to 2029, reaching nearly USD 1681.61 billion. Online Grocery Shopping Market Report Overview: The document offers a comprehensive overview of the major participants in the Online Grocery Shopping market,...

Online Grocery Shopping Market size was valued at USD 348.15 billion in 2022 and the total Online Grocery Shopping Market revenue is expected to grow at a CAGR of 25.23 % from 2023 to 2029, reaching nearly USD 1681.61 billion. Online Grocery Shopping Market Scope and Research Methodology This Online Grocery Shopping Market research report provides a comprehensive view of competition, including...

Oppo Watch X was launched in Malaysia on Thursday. The smartwatch appears to be the rebranded OnePlus Watch 2, which was unveiled at the Mobile World Congress (MWC) 2024 on February 26. The latest wearable features a 1.43-inch AMOLED display and is powered by the Snapdragon W5 Gen 1 chipset. It is claimed to offer a battery life of up to 48 hours for heavy use in Smart Mode, up to 100 hours...

Indian digital payments firm Paytm, formally known as One 97 Communications, was on Thursday granted a third-party application provider license by the country’s payments authority, which will enable it to facilitate payments after its banking unit ceases operations. The license will allow customers to continue using the Paytm app for payments through India’s popular unified payment...

Beleaguered Paytm Payments Bank’s managing director and CEO Surinder Chawla has resigned from the company, a regulatory filing said on Tuesday. Chawla’s resignation comes amidst Paytm Payments Bank facing prohibitory action from banking regulator RBI. “Surinder Chawla, Managing Director and CEO of PPBL, has tendered his resignation on April 8, 2024, on account of personal...

Indian digital payments firm Paytm plans to cut close to 20 percent of staff at its banking unit amid uncertainty over the unit’s future due to a looming central bank deadline for it to halt most operations, two sources said. Paytm Payments Bank has decided to lay-off staff in certain divisions, including operations, the sources with direct knowledge of the matter said. The unit had...

Paytm warned of job cuts and said it would trim non-core assets after reporting its first sales decline on record, reflecting fallout from a regulatory probe that curtailed much of the Indian fintech pioneer’s business. Once a role model for India’s nascent startup economy, Paytm’s net losses swelled several-fold to Rs. 5.5 billion ($66.1 million) for the three months through...

Payments firm Paytm on Friday cut some ties with its payments bank unit, which India’s banking regulator has ordered to be wound down, in its latest attempt to address compliance concerns that triggered a meltdown in its shares last month. Paytm, formally known as One 97 Communications, and its banking unit mutually agreed to end various inter-company agreements, the company said. It...

The Reserve Bank of India said on Friday it has asked the National Payments Corporation of India (NPCI) to examine a request from Paytm, formally known as One 97 Communications, to become a third party application provider (TPAP). If approved, this would allow Paytm to continue processing payments via India’s popular unified payments interface (UPI), but will need a set of newly...