Announced Mon, 27 Jul · 15:24 IST
EbixCash Wallet Integrates with BHIM UPI
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹21.00
prior close
₹21.65
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.4—————————————
Up moveDown movePending
AI summary
Ebix Limited's payments arm EbixCash has integrated its prepaid wallet with BHIM UPI. Over 14 lakh active wallet users can now link their wallets and pay across millions of merchants. The wallet currently processes about 2 crore rupees monthly, with nearly 100 new users joining daily. EbixCash also plans to extend the wallet to Google Pay and PhonePe. The firm has over 650,000 outlets across 4,000 cities and 75,000 villages.
Likely market impact
Broadens wallet utility and reach, likely supporting higher transaction volumes and user growth for EbixCash.