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Mobile wallet market
The mobile wallet market in India is growing rapidly by displacing traditional payments such as cash and cards. Payments through mobile wallets are anticipated to grow at a compound annual growth rate of 23.9% between 2023 and 2027 and reach Rs 472.6 trillion ($5.7 trillion) in 2027.
The growth of the mobile wallet market in India is creating a number of opportunities for businesses. Businesses can use mobile wallets to accept payments from customers, offer discounts and promotions, and improve customer loyalty.
While cash has traditionally been the most popular method of payment among Indians, its use is gradually on decline. This is mainly due to India’s concerted efforts to promote digital transactions, most prominent being Unified Payments Interface (UPI). Mobile wallets have benefitted the most from this push and have become the preferred choice for payments in India.
UPI has now become one of the most preferred methods for day-to-day payments. Launched by the National Payments Corporation of India (NPCI), UPI allows customers to integrate bank account with mobile payment solution and enables instant transfers between bank accounts using mobile number or QR code, making transactions quicker.
Today's Headline in NewsHours
0:00 Intro
3:00 #IT Minister says WhatsApp cooperated in blocking numbers flagged by govt. using AI
3:30 #SBI Funds Management gets green signal from RBI to buy 9.99% stake in HDFC Bank
4:02 #Apple previewing software features that can let iPhone speak in voice of mute users
4:30 #Chennai Metro Rail launches WhatsApp e-tickets
4:58 Infosys wins $1.5 bn deal from BP for end-to-end application services
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Flipkart and Amazon kicks of festive season sale 2021
The much-awaited festive season in India has finally kicked off on Sunday, October 3, 2021. Two top e-commerce giants are competing with each other with various lucrative offerings during their flagship sales, Big Billion Days and Great Indian Festival to the buyers.
Flipkart and Amazon kicks of festive season sale 2021By VARINDIA| 6 views
Apple, Samsung, OnePlus, and Vivo to drive the ultra-premium market
#facialrecognition #smartphone #RBI
Smartphone firms set to ship 52 million devices
India’s ultra-premium smartphone market is witnessing intensified competition, among the mobile phone brands including Apple, Samsung and OnePlus vying with new entrants like Vivo for a greater share of consumer wallets in the festive season. The significant growth in these segments can be attributed to increased consumer spending on luxury/costly product segments, re-allocating spends from holidays, shopping, travel, dine-out etc, as per IDC. With this we can expect this momentum to only grow further in the upcoming festive season, driven by upgraders within premium and from the $500-$700 segment.
As per the Counterpoint Research, Apple, Samsung, OnePlus, and Vivo will drive the ultra-premium market, which is expected to witness more than 60% on-year growth in 2021. Competition will be very high in this segment, with Apple likely to corner the lion's share of around 40% in Q3. We have seen high shipments of iPhone 11 and 12 in August, and it will continue coupled with the iPhone 13 series. “Apple is filling channels.”
The report further says, due to supply constraints impacting the entire mobile phone ecosystem, premium players have tried to push in adequate stocks, including of older models, ahead of the festive season, market trackers said. They are also offering upfront discounts and cashbacks besides financing schemes and trade-in programs to attract buyers. The premium segment - over Rs 30,000 - contributes 7% by volume, but 23% by value in the overall smartphone space. Samsung’s market share in the segment is also expected to grow due to the launch of its foldable Galaxy Z series, which includes Z Flip 3 and Z Fold 3. In two to four years, the premium segment will continue to grow as rising incomes will help consumers be willing to pay a premium for meaningful innovation and upgrade their phones. Going forward, the smartphone firmBy VARINDIA| 30 views
Cybersecurity is the biggest barrier to cloud adoption
#cybersecurity #cloud #Window11
Cybersecurity is the barrier to cloud adoption
Cloud security continues to be a significant concern for cybersecurity professionals as 96% are moderately concerned and 32% are extremely concerned.A Cloud Security Report survey conducted by Security Insiders found that cloud security concerns among cybersecurity professionals remains high as the adoption of public cloud computing continues to surge in the wake of the pandemic and the resulting massive shift to remote work. Organizations continue to rapidly migrate workloads from data centres to the cloud, and the trend has been accelerating during the recent Covid pandemic. The report indicates that 33% of organizations are running more than half of their workloads in the cloud today, and that number is set to rise to 56% in the next 12–18 months.
At the same time, the Multi-cloud adoption is very much the norm as organizations were found to be operating in an expanded and diverse digital landscape. 71% of organizations are pursuing a hybrid or multi-cloud strategy as cloud is the preferred choice for integration of multiple services, scalability, or business continuity reasons. 76% of organizations are using two or more cloud providers and hybrid still accounts for more than one-third of the deployments. Among the key barriers to faster cloud adoption, survey participants mentioned lack of visibility (53%), lack of control (46%), lack of staff resources or expertise (39%), and high cost (35%) as the most significant negative factors. However, misconfiguration of cloud security remains the biggest security risk according to 67% of cybersecurity professionals in the survey.
Today's Headline in NewsHours
0:00 Intro
2:07 The new #Window11 will help as the platform for platform creators
3:03 #HPE buys Determined AI to speed AI model training with #HPC
3:54 Payment companies are competing to grab the mBy VARINDIA| 13 views
Digital Payment पर है सरकार की नजर | एक दिन में कर पाएंगे बस 1 लाख तक ट्रांसफर | Amazon Pay |#dblive
Digital Payment पर है सरकार की नजर | एक दिन में कर पाएंगे बस 1 लाख तक ट्रांसफर | Amazon Pay |#dblive
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Digital Payment पर है सरकार की नजर | एक दिन में कर पाएंगे बस 1 लाख तक ट्रांसफर | Amazon Pay |#dbliveBy DB Live| 64 views
amazon.in ने लॉन्च किया amazon pay - कैसे वर्क करता है ? जानिए अमेजन पे के डायरेक्टर विकास बंसल से*
#amazon #amitshah #festival
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amazon.in ने लॉन्च किया amazon pay - कैसे वर्क करता है ? जानिए अमेजन पे के डायरेक्टर विकास बंसल से*By CG24 News| 104 views
റിലയൻസും ആമസോണും കൈകോർക്കുന്നുവോ ? | Amazon | Reliance
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ലോകത്തെ ഏറ്റവും വലിയ ധനികനും ആമസോണ് കമ്പനിയുടെ ഉടമയുമായ ജെഫ് ബെയ്സോസും ഇന്ത്യയിലെ ഏറ്റവും വലിയ ധനികന് മുകേഷ് അംബാനിയും കൈകോര്ക്കാനൊരു സാധ്യതയാണ് ഇപ്പോള് പറഞ്ഞു കേള്ക്കുന്നത്. ഇക്കാര്യത്തില് അംബാനിയുടെ റിലയന്സും ബെയ്സോസിന്റെ ആമസോണും തമ്മില് പ്രാഥമിക ചര്ച്ചകള് ആരംഭിച്ചതായി റോയിട്ടേസ് റിപ്പോർട്ട് ചെയ്യുന്നു. ഇവ വിജയിക്കണമെന്നു നിര്ബന്ധമില്ല. റിലയന്സും ലോകത്തെ മറ്റൊരു വലിയ ഓണ്ലൈന് സ്ഥാപനമായ ആലിബാബയുമായി നടത്തിവന്ന ചര്ച്ച പരാജയമായിരുന്നു. റിലയന്സിന് ഇട്ട വില അംഗീകരിക്കാന് അവര് തയാറായില്ല എന്നാണ് കേള്ക്കുന്നത്.
റിലയൻസും ആമസോണും കൈകോർക്കുന്നുവോ ? | Amazon | RelianceBy News60 ML| 56 views
ആമസോൺ ഡെലിവറി ഇനി സ്കൗട്ട് നടത്തും | The Amazon Delivery Will Now Be Performed By Scout
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ആമസോൺ റോബോട്ടിക്സ് വിഭാഗം നടത്തിയ വർഷങ്ങളുടെ ഗവേഷണത്തിന്റെ ആദ്യഫലം ഇതാ പുറത്തുവന്നിരിക്കുകയാണ്. യാതൊരുവിധ ന്യൂനതകളുമില്ലാത്ത, 24X7 പ്രോഡക്റ്റ് ഡെലിവറി നടത്താൻ കഴിവുള്ള 'ഡെലിവറി റോബോട്ടി'ന്റെ പേര് സ്കൗട്ട് എന്നാണ്.
ആമസോൺ ഡെലിവറി ഇനി സ്കൗട്ട് നടത്തും | The Amazon Delivery Will Now Be Performed By ScoutBy News60 ML| 244 views
How to Recharge Jio Sim Free || reliance jio news plan
Jio वालो जल्दी करो/फटाफट यार 8 दिन लूट लो फ्री में-कितने भी रिचार्ज कर लो-अम्बानी का तोहफा jio news
As before, Reliance Jio Subscriber will get eight vouchers of Rs 50 for recharging Rs 398. Customers can use these vouchers for future recharging. The rest of the cashback will be available as Wallet Cashback.
Realiace jio news plan
This cashback of the subscriber will come in Wallet like Paytm, Amazon Pay, mobikwik, Phone Pay, Freecharge and Axis Pay.
Jio launch data booster pack,
https://youtu.be/Xv3JsdBD9BM
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Amazon awaits clarity from RBI on data storage
Amazon awaits clarity from RBI on data storage
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Amazon, Google lock horns in battle for Indian consumer space | ETMagazine
Technology giants Amazon and Google are on a collision course to capture the Indian market, the biggest opportunity after a saturated United States and inaccessible China. ET's Rahul Sachitanand and G. Seetharaman report. Read the full story in ET Magazine, this Sunday (May 20).
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Best XI for the second week of Cricket World Cup 2023 | Best performers of ODI World Cup 2023
Best XI for the second week of Cricket World Cup 2023 | Best performers of ODI World Cup 2023
Check here the top performers of the second week of ODI World Cup 2023. Here are the top players who have given their best to ensure their teams win the World Cup
This content contains the Best players from the second week of the world cup 2023.
#cricketworldcup2023 #worldcup2023 #bestXIplayersinodiworldcup
Best XI for the second week of Cricket World Cup 2023 | Best performers of ODI World Cup 2023By CricTracker| 239 views
अनूठे "रक्षा -सूत्र " से बांधी डोर विश्वास की
अनूठे "रक्षा -सूत्र " से बांधी डोर विश्वास की
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Exclusive Interview with Netherlands Cricketers | ICC ODI World Cup 2023 | CricTracker
Exclusive Interview with Netherlands Cricketers | ICC ODI World Cup 2023 | CricTracker
The Netherlands cricket team is gearing up for the ICC ODI World Cup 2023, which will be held in India from October 6 to November 26. The Dutch have qualified for the mega event after a remarkable performance in the World Cup Qualifier, where they defeated the likes of West Indies, Zimbabwe, and Nepal. They have also announced their 15-member squad, which includes some experienced players like Roelof van der Merwe, Colin Ackermann, and Wesley Barresi, as well as some young talents like Max O'Dowd, Bas de Leede, and Aryan Dutt.
In this video, we get to hear from some of the Netherlands cricketers, who share their thoughts on their preparation, expectations, and challenges for the World Cup. They talk about their strengths and weaknesses as a team, their key players and opponents, their goals and strategies, and their excitement and nervousness for the biggest stage of cricket. They also express their gratitude to their fans and supporters, who have been following them throughout their journey.
In this video, we will give you all the information you need to know about this exciting encounter.
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Exclusive Interview with Netherlands Cricketers | ICC ODI World Cup 2023 | CricTrackerBy CricTracker| 258 views
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Special Briefing on the Visit of President of Maldives to India (August 02, 2022)
Special Briefing on the Visit of President of Maldives to India (August 02, 2022)By Ministry of External Affairs, India| 194307 views
India - USA Trade Statistics
Comparative Trade Statistics for the Years 2013 & 2014
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