Mswipe News

Companies

Mswipe sees half of its merchant base registering on its QR code payment system

More than half of the 8 lakh merchants on Mswipe, including 1.5 lakh existing PoS device owners, also accept QR code-based paymentsCEO Manish Patel says India has around 1.5 million large to medium merchants who have been accepting PoS device payments even before demonetization

2 min read10 Oct 2019
Companies

Developers can now build standalone Android apps for Mswipe merchants

Mswipe partnered with multiple developers and payment-focused companies for the launchThe startup currently has a suite of over 100 Android apps from these developers

2 min read9 Jul 2019
Companies

Click moment | Working capital is an issue for many small merchants: Manish Patel

POS Loans evaluates loan eligibility based on the data merchants generate while using Mswipe’s transaction platformHaving serviced them for years, we understood that working capital is a big issue for a large number of small merchants

1 min read7 Mar 2019
Companies

Deals Buzz: Alibaba set to invest $300 million in BigBasket

In other news, Paytm announces the acquisition of Nearbuy and Little

3 min read7 Dec 2017
Companies

Mswipe raises $10 million from DSG Consumer, B Capital

Eduardo Saverin, partner at B Capital, will join Mswipe's board following the funding

2 min read7 Dec 2017
Companies

DSG Consumer Partners closes its second fund at $50 million

Deepak Shahdadpuri-led investment firm DSG Consumer Partners has achieved a final close of $50 million for its second fund DSGCP II

2 min read29 Aug 2017
Companies

Mswipe raises $31 million in fourth funding round

Mswipe will use the funds to develop the largest network of merchants accepting digital payments in the country

1 min read21 Jun 2017
Companies

Mswipe in talks to raise up to $40 million

Mswipe, the maker of mobile PoS devices to enable digital transactions, has appointed investment bank Avendus Capital to help it raise funds

2 min read10 Apr 2017
Industry

Payment companies seek to crack banks’ monopoly on card use

Payment firms push for opening up of the market to a larger number of non-banking entities allowing installation of PoS machines, amid the Modi govt's growing digital transaction push

2 min read25 Jan 2017
Companies

Axis Bank in talks to sell Mswipe stake

Axis Bank may sell its 8% stake in mobile payments firm Mswipe for around $20 million in a deal that is likely to value that firm at $200-250 million

2 min read15 Nov 2016
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