As domestic companies and global giants alike jockey for their place in India’s burgeoning payments market, the entities responsible for oversight continue to try to keep any one company from dominating the space.
The coronavirus pandemic may be changing how retailers in India view digital payments. Payment providers are seeing an increase in merchants who are willing to talk about implementing contactless payment methods. Payment facilitators are among the fintech companies who have responded with innovative offerings to help small businesses.
In an effort to expand their portfolio and user reach in the travel vertical, PF Paytm has made a substantial investment in Rajkot-based Infinity Transoft Solutions (a bus ticketing solutions provider).