Axis Bank
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Business
super.money Aims to Break into UPI Top Five with 100 Million Transaction Target by Year-End
Flipkart-backed fintech company super.money has set an ambitious goal to rank among the top five players on the Unified Payments Interface (UPI) leaderboard by year-end, according to a senior executive. Since launching its beta version in June, the company has successfully processed approximately 10 million transactions. Prakash Sikaria, founder and CEO of super.money, stated, “We aim to reach 100 million…
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Business
Digital Payments Revolution: PhonePe Rolls Out Credit Line on UPI
Bengaluru: Fintech leader PhonePe announced the launch of a new credit line feature on the Unified Payments Interface (UPI) on Thursday, nearly a year after its introduction by the National Payments Corporation of India (NPCI). This feature allows customers to access short-term credit, enhancing the payment options available at checkout for merchants using PhonePe’s Payment Gateway. According to PhonePe, this…
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India News
Axis Bank and Visa Launch Ultra-Premium ‘Primus’ Credit Card for India’s Elite
Axis Bank, one of the largest private sector banks in India, has partnered with Visa, the global leader in digital payments, to launch ‘Primus’ – an ultra-premium credit card designed to redefine luxury, the bank stated in a PRESS RELEASE. The new super-premium card, Primus, will be offered by invitation only, to select, ultra-high net worth, Axis Bank customers. For…
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Crime News
Bold Robbery: Armed Gang Targets Axis Bank, Escapes with 90 Lakh in Bihar
In a daring heist on Tuesday, a group of six armed individuals made off with a sum totaling at least 90 lakh from an Axis Bank branch in Araria district, Bihar, reported Shillong Times. “Armed men, pretending to be customers, entered the Axis Bank branch at ADB Chowk in Araria city, forcibly confined both customers and staff in a room,…
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