NPCI BHIM SERVICES LIMITED
Location
Maharashtra
Founded
2024-06-26
Website
Risk Signals
10 news mentions monitored
Industry Context
This company is tracked across risk categories, including those related to its sector (e.g., Unit Investment Trusts, Face-Amount Certificate Offices, and Closed-End Management Investment Offices), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.
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Recent Articles about NPCI BHIM SERVICES LIMITED
Live alerts from global media, monitored by Business Radar
2024-08-25 (economictimes.com)
paytm: ETtech In-depth | Bhim promised the moon but failed to deliver. Can NPCI turn it around? -
NPCI plans to rejuvenate its Bhim app by creating a separate subsidiary and appointing a new CEO. The aim is to challenge dominant players like PhonePe and Google Pay, and enable smaller banks to adopt Bhim's UPI solution. PhonePe, Google Pay and Paytm grabbed market share with cashbacks, engaging payment experience and gamification of the payment process. BHIM kept on losing users to eventually land up with 0.17% market share as of July 2024.
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(economictimes.com)
BHIM: BHIM looks to bulk up with ONDC to take on digital payment heavyweights -
NPCI-built app to foray into ecommerce space via separate division. Despite marketing challenges, BHIM aims to improve user experience through partnerships and new initiatives like BHIM 2.0.
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