QR Code Press

AI voice transactions more readily available for mobile payments in India

08/28/202308/28/2023 Jennifer Goula

AI voice transactions - Voice technology on phone

The country’s UPI intends to roll out these services more expansively to rural users. The mobile payments system in India has taken off explosively since it first launched in 2016 and is now receiving an AI voice transactions upgrade to broaden access to these services. The service already has about 350 million active users who made almost 10 billion transactions last month. The AI voice transactions feature makes it possible for a consumer to complete digital payments both offline and through their voices. The purpose is to better reach communities…

PhonePe mobile payments company gets $200 million investment from Walmart

03/27/202303/24/2023 Jorge Gonzalez

The Indian company raised the funds as a component of an ongoing round. PhonePe, a mobile payments giant from India, has announced that an investment from Walmart has brought it another $200 million in funding as a part of an ongoing round that has already helped it bring in $650 million. The funding has arrived regardless of the economic downturn. PhonePe has been bringing in funds too help build itself up in the face of its upcoming separation from Flipkart, its parent company. Walmart already owns the majority of the…

QR code bill payment method to launch through Tata Power

08/21/201708/18/2017 Jennifer Goula

This will make the company the first Indian power utility to use quick response codes in this way. Tata Power recently announced that it is going to be the very first power utility to use a QR code bill payment system in India. The quick response codes are meant to make it more convenient for customers to pay their invoices. “Tata Power has become the first power utility to introduce QR code service for bill payments in Mumbai,” said a statement from Tata Power. The electricity company acknowledged that while…