Samsung Galaxy M31 getting mini support Samsung Pay, latest security patch in India

The Samsung Galaxy M31 is getting an update in India that brings support for the Samsung Pay mini app along with the latest Android security patch. The South Korean technology giant’s digital payment app is similar to other Unified Payment Interface (UPI) apps such as PhonePe, MobiKwik and Paytm. Samsung Pay mini allows contactless payments … Read more

PayPal heats up, buy now, pay later with $2.7 billion deal in Japan

PayPal said it would buy the Japanese company buy now, pay later (BNPL) Paidy in a $2.7 billion (about INR 19,840 crores) deal largely up front, taking another step towards claiming first place in a industry witnessing a pandemic-led boom. The deal follows rival Square’s deal last month to buy the success story of Australian … Read more

TRAI recommends 2 Mbps minimum broadband speed, asks government to pay 50 percent monthly fees for rural connections

India’s Telecommunications Regulatory Authority (TRAI) has released a series of recommendations to improve broadband connectivity in the country, and one of the main suggestions is to set the minimum download speed for broadband connectivity at 2 Mbps. That’s four times the existing minimum broadband speed of 512Kbps that the regulator had introduced in 2014 as … Read more

Google Pay allows users to open fixed deposits on its platform in India: report

US tech giant Google recently partnered with fintech startup Setu to allow users to open fixed deposits (FDs) through the digital wallet platform Google Pay. According to Mashable, Google Pay will initially offer its users Equitas Small Finance Bank FDs for up to one year. The Ujjivan Small Finance Bank and the AU Small Finance … Read more

Amazon Partners with Affirm to Launch Buy Now Pay Later Service for US Customers

Shares in Affirm Holdings rose 43 percent on Friday after the company partnered with Amazon.com to make the buy now, pay later (BNPL) service available to some of the e-commerce giant’s customers. Marketed as an alternative to credit cards, BNPL services grew in popularity during the pandemic as consumers sought options that make shopping easier … Read more

Google said it would pay Apple $15 billion to keep the default search engine on Safari in 2021

Google will pay Apple $15 billion (about INR 1.10.718 crores) to remain the default search engine on the iPhone, iPad and Mac in 2021, according to analysts. The price of keeping Google as the default search engine in the Safari browser would have risen once again, which could rise further in 2022. It is widely … Read more

Sweden forced to pay arrested drug dealer over $1.5 million in bitcoin: find out why

In a recent ruling, the Swedish government is being forced to pay more than $1.5 million (about Rs. 11 crores) to a drug dealer who was arrested in 2019 after the Bitcoin he had illegally accumulated was appreciated while was in custody. Prosecutor Tove Kullberg had successfully argued in court that the unidentified man should … Read more