Tag Archives: Pay

Samsung Pay Will Reportedly Come to India in the First Half of 2017

The recent demonetisation drive in India has been good news for digital payment platforms in the country. The cash-drought has resulted in more and more people making payments online and tech companies are trying to make the most out of the situation. Samsung might soon be joining this list as the South Korean company is reportedly planning to introduce its ... Read More »

Court Asks Hotel Leela Venture To Pay Rs. 258 Crore Royalty To Airports Authority

New Delhi: The Delhi High Court on Monday upheld its single judge decision asking Hotel Leela Venture Ltd to pay Rs. 258 crore to Airports Authority of India (AAI) as royalty for possession of its property near Mumbai International Airport. “We affirm the destination reached by the single judge notwithstanding the route taken not being reflective of the journey undertaken ... Read More »

Apple Pay Japan Debut Hit by Problems as Rail Commuters Struggle

Apple Inc.’s entry into Japanese digital payments is off to a rough start as system trouble prevents commuters from charging their passes. East Japan Railway Co. said users are experiencing difficulties connecting to the Mobile Suica contactless payment system, after the rail operator servicing Tokyo metropolitan area began accepting Apple Pay on Tuesday. The trouble started shortly after 9am in Tokyo, ... Read More »

Xiaomi Mi Pay NFC-Based Mobile Payment Service Launched

  After unveiling the service last month, Xiaomi on Thursday announced the launch of its Mi Pay service in China. Launched in collaboration with China UnionPay, Xiaomi’s new Mi Pay is currently only China-bound service. The Chinese brand touts that it’s the first “smartphone company in the world” to support contactless payments through both bank cards as well as public ... Read More »

Samsung Pay Service Reportedly Open to Hacking; Samsung Responds

In a presentation given at Defcon, an ethical hacker named Salvador Mendoza highlighted what he believed to be major vulnerabilities associated with the Samsung Pay mobile payment service. He claims that the Samsung Pay service can be misused if payment tokens are skimmed. Samsung has responded to claims made by Mendoza, and has said that even though it is possible ... Read More »

Wal-Mart Now Lets You Pay With Phone at All 4,600 US Stores

Wal-Mart will now let you pay with its phone app at all 4,600 stores nationwide. The effort is part of Wal-Mart’s strategy to make shopping easier and faster, while learning more about consumer behavior. With Wal-Mart Pay, the cashier scans a QR code on the phone screen to charge a credit, debit or Wal-Mart gift card linked with the account. ... Read More »

FreeCharge to Roll Out ‘Chat and Pay’ Feature On Thursday

Mobile wallet and digital payments player FreeCharge announced Wednesday the launch of its ‘Çhat and Pay’ feature, which the company said enables social payments between users and merchants. The chat-based payments interface will let merchants accept payments using the FreeCharge app in under a minute of registration,merchants will also be able to upgrade their payment limit of Rs. 1,00,000 with ... Read More »

Pay Hikes in 2016 to be Slightly Lower at 10.3%: Study

New Delhi: Employees in India can expect an average pay increase of 10.3 per cent across various job roles in 2016 with chemicals and high technology industries likely to lead the market in terms of salary hikes. According to a research by Hay Group division of Korn Ferry, the 10.3 per cent pay rise across sectors represents a slight dip ... Read More »

Oscars 2016: How to Design a Red Carpet Gown a Star Might Pay For

Bryce wore a dress from Neiman Marcus’ 2016 pre-spring collection at the Golden Globes. (Image courtesy: AFP) The actress Bryce Dallas Howard announced on the Golden Globes red carpet that she’d actually purchased her navy lace Jenny Packham dress, from Neiman Marcus. Unlike the Hollywood stars who take loaners from design houses, Howard had gone to the mall in preparation ... Read More »

PF Tax: 25-Year-Old May Have To Pay Rs 56 lakh in Taxes on Retirement

Finance Minister Arun Jaitley’s Budget proposal to tax 60 per cent of Employee Provident Fund withdrawals has come in for huge criticism. EPF, a popular investment instrument for millions of salaried employees, has 3.7 crore subscribers. (Read) The proposal to tax EPF withdrawals, according to the tax bracket of employees, could set back employees by lakhs of rupee, according to ... Read More »