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Amazon Pay surpasses 1 billion gift cards delivered in India

In 2024, the platform saw a 40% increase in gift card purchases during the Amazon Great Indian Festival compared to 2023Bengaluru: Amazon Pay, the online payments processing service by Amazon, has delivered over a billion gift cards to Indian...

We do not worry about market share in UPI; focus on opportunity before us: Amazon Pay

The company surveyed over 6,000 respondents in the top 120 cities witnessing the highest number of e-commerce transactions.New Delhi: Amazon Pay India does not worry about its market shares in the UPI ecosystem and is more focused on the...

Amazon Pay launches sign language video KYC service

The service enables two-way video communication in sign-language between Amazon Pay employees and customers Bengaluru: Online payments processing service Amazon Pay has launched a video sign language know your customer (KYC) service for its hearing and speech impaired customers, the company...

Top-selling gift cards on Amazon during Diwali 

Amazon India launched its e-gift card store in 2014 with multiple e-gift cards from different companiesNew Delhi: Exchanging gifts during Diwali is an age-old ritual. Over the years, with the rise of e-commerce, the nature of gifts has evolved with...

Consumers spent $6.4 billion on first day of Amazon Prime Day: Study

This represents a 5.96% growth year-over-year (YoY) for Amazon Prime Day in terms of sales New Delhi: Amazon.com Inc. generated a sale of $6.4 billion on the first day of its flagship shopping event ‘Prime Day’ in the US, according...

Amazon Pay accepts Rs 2,000 notes during doorstep delivery

In order to avail the facility, customers have to complete video KYC on the Amazon app, which takes about 5-10 minutesNew Delhi: Amazon customers can now use their Rs 2,000 notes to top up their Amazon Pay balances during...

RBI publishes list of 54 existing online payment aggregators

The list includes Amazon (Pay) India, Google India Digital Services, NSDL Database Management, and Zomato Payments, which can continue to operate as Online Payment Aggregators (PAs)Mumbai: The Reserve Bank on Wednesday released a list of 54 entities, including Amazon (Pay)...

E-commerce and contactless payments will see unprecedented push post-COVID-19

The COVID-19 pandemic has brought a paradigm shift in the payments industry. While cash payments became a thing of the past due to cash being considered as a potential carrier of the virus, various types of e-commerce and contactless...
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Reliance Retail joins hands with Department of Consumer Affairs

Celebrated annually on December 24, National Consumer Day underscores the significance of consumer rights in India’s economic landscape.New Delhi:...
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