Amazon Pay Archives

Amazon invests Rs 450 crore in India’s digital payments division ahead of festive season

BalrajSeptember 25, 2021

US-based e-commerce giant, Amazon has invested Rs 450 crore in its Indian payments unit, Amazon Pay. The new investment comes just in time for the festive seaso...

BusinessIndia News

RBI red flags concerns on Big Tech dominance in Financial Sector

BalrajJuly 5, 2021

The Reserve Bank of India (RBI) addressed the probable threats surrounding the involvement of big-tech companies in the financial services sector, stating that ...

India NewsTech

WhatsApp appoints Manesh Mahatme as Head of Payments in India

BalrajJune 29, 2021

WhatsApp, which Facebook owns, has appointed Manesh Mahatme to oversee the expansion of its Payments Business in India. Mahatme, as Director of WhatsApp Payment...

BusinessIndia News

AMAZON PAY COULD TAKE OVER PAYTM, GOOGLE PAY AND PHONEPAY WITH $1.4B FUNDING

Chhavideep SinghOctober 8, 2020

Amazon has been a king in the retail sector of India for the past many years and Jeff Bezos is happy about its sales in India which is increasing every year. Th...

BusinessTech

Amazon Pay launches P2P Payments through UPI in India

Apoorv AnupamApril 29, 2019

29 April 2019, India: Amazon Pay today announced the launch of person-to-person (P2P) payments for Android users. Amazon customers can now make instant b...

News

Amazon Pay Gets Rs 300 Cr from Its Parent Entity

UditJanuary 14, 2019

The E-commerce platform Amazon has now pumped in an additional amount of Rs 300 crore into Amazon Pay (India) Pvt. Ltd., according to the filings with the ...

BusinessIndia NewsNewsStartups

Flipkart to Invest $500 Million in PhonePe

Chinmay BidkarOctober 12, 2017

12 October 2017, India: Flipkart has committed to invest $500 million in PhonePe to scale up operations of its payments arm. The commitment is in additio...

News

Amazon Pay Aims to Collaborate with Indian Govt to Grow Business

Chinmay BidkarMay 29, 2017

29 May 2017, India: Jeff Bezos-led Amazon is doing what it takes to be numero uno in India. Just when Flipkart is acquiring parallel competition and laun...

News

PayPal Aims to Acquire PPI License to Compete with Paytm, Freecharge

Chinmay BidkarApril 27, 2017

27 April 2017, India: US-based PayPal is all set to enter India to compete with the likes of Paytm, Freecharge, Mobikwik etc. The company has targeted th...

News