Announced Mon, 27 Jul · 15:28 IST
EbixCash wallet now live on BHIM UPI, expanding payment reach
Compliance View source PDF
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
+1.6%1-day move
₹21.00
prior close
₹21.40
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+1.6—————————
Up moveDown movePending
AI summary
EbixCash has integrated its PPI Wallet with BHIM UPI, letting its 14 lakh plus active wallet users make UPI payments at millions of merchants nationwide. The wallet currently processes about 2 crore rupees monthly, with roughly 100 new users joining daily. The move aligns with NPCI's interoperable payments vision. Expansion of wallet interoperability to Google Pay and PhonePe is planned next.
Likely market impact
Likely positive: broader wallet utility may lift user growth, transaction volumes and merchant adoption for the EbixCash payments business.