Amazon Pay Later hits 20 lakh customer sign-ups in India
3 years, 5 months ago

Amazon Pay Later hits 20 lakh customer sign-ups in India

The Hindu  

Amazon Pay Later, the credit facility available on the firm’s e-commerce platform, has reached 2 million customer sign-ups since its launch in India, Amazon said in a statement. “Amazon Pay Later provides a seamless payment experience with in-built security features and empowers our customers to better manage their monthly spends,” Vikas Bansal, Director, Amazon Pay India, said in a statement. “2 million sign-ups are a testimony of customers’ adoption and trust to choose Amazon Pay.” The milestone reflects the growing preference among customers for digital payments, along with a readily accessible credit line that provides convenience, as well as unique rewards and benefits. Amazon Pay Later offers customers instant credit up to ₹20,000, along with convenient one-click payments and quick refunds.

Credit Amazon Customers Customer India Payment  million  hits  customer  credit  later  payments  amazon  20  customers  offers  india  payment  signups  pay  lakh  provides

History of this topic

Amazon workers in India join Black Friday strike action for better wages and working conditions
3 weeks, 4 days ago

Amazon workers in India join Black Friday strike action for better wages and working conditions

Associated Press  

NEW DELHI — Amazon staff in India have joined strike action calling for better wages and working conditions as the company prepares for one of the busiest shopping periods of the year. The walkout on Black Friday, which starts one of the biggest shopping weekends of the year, was repeated at Amazon warehouses in other countries as workers called for …

Amazon Pay sees big opportunities in India’s small towns, offline payments
5 months, 2 weeks ago

Amazon Pay sees big opportunities in India’s small towns, offline payments

Live Mint  

Amazon Pay India, the digital payments arm of e-commerce giant Amazon India, is focusing on penetrating deeper into offline payments this fiscal year, as it looks to introduce new payment methods and enhance safety and security, chief executive Vikas Bansal told Mint on Tuesday. Amazon Pay will offer a variety of payment options including Unified Payments Interface, credit cards and …

Amazon Pay looks to expand bank, card-network partners
1 year, 2 months ago

Amazon Pay looks to expand bank, card-network partners

Live Mint  

Mumbai: Amazon Pay, the digital payments arm of Amazon, will look to partner with more banks and card networks in the coming days as it attempts to grow its credit products for consumers and small businesses, a senior official said on Wednesday. “We are absolutely interested in expanding our partnerships with banks and networks as we have it for all …

Not a high spender? Here are two credit cards that earn you 5% rewards
1 year, 5 months ago

Not a high spender? Here are two credit cards that earn you 5% rewards

Live Mint  

Rewards matter, for everyone. Credit card experts say there are two currently–ICICI Amazon Pay credit card and SBI Cashback credit card. “The user should load the wallet with ICICI Amazon Pay credit card at the time of checkout on the merchant’s page to get the 2% cashback. Rewards earned via ICICI Amazon Pay credit card are credited as Amazon Pay …

Amazon introduces convenient doorstep Cash Load Option for Amazon Pay, including ₹2,000 notes. All you need to know
1 year, 6 months ago

Amazon introduces convenient doorstep Cash Load Option for Amazon Pay, including ₹2,000 notes. All you need to know

Live Mint  

Amazon has introduced a convenient feature called Amazon Pay Cash Load, allowing users to deposit cash, including the ₹2,000 notes, directly into your Amazon Pay balance account. India Today reported that the Amazon Pay Cash Load option enables you to conveniently deposit cash, including the elusive ₹2,000 notes, into your Amazon Pay balance account, allowing you to load up to …

Amazon registers 80% buyers from smaller cities this festival season sale
2 years, 2 months ago

Amazon registers 80% buyers from smaller cities this festival season sale

The Hindu  

E-commerce platform Amazon India has recorded the highest growth in the festive season sale, with 80% of the buyers coming from tier 2 and beyond towns. Mobiles and accessories saw strong double-digit growth this season as compared to Amazon Great Indian Festival 2021 and 5 times higher when compared to average business days, with 80% of customers coming from Tier …

Amazon Great Indian Festival Deals Revealed- Everything you need to know
2 years, 3 months ago

Amazon Great Indian Festival Deals Revealed- Everything you need to know

India TV News  

The Great Indian Festival is set to start tomorrow and Amazon is decked up to bring a host of deals and offers on products from lakhs of sellers, Small-Medium Businesses, and other popular brands. Customers shopping during the Great Indian Festival can avail of offers from leading partner banks such as SBI Bank which is offering a 10% Instant discount …

Amazon cuts selling fee for new sellers by 50%
2 years, 3 months ago

Amazon cuts selling fee for new sellers by 50%

Deccan Chronicle  

Chennai: In order to attract more sellers on its platform during the festive season, Amazon India has cut the selling fee for new sellers by half. All new sellers registering on Amazon between August 28 and October 26 and launching sales within 90 days from date of registration shall be eligible for a 50 per cent waiver on their selling …

How to activate ICICI bank FASTag through Amazon Pay
2 years, 8 months ago

How to activate ICICI bank FASTag through Amazon Pay

India Today  

The ICICI Bank and Amazon Pay have teamed up to create a co-branded FASTag that can be ordered, monitored, and recharged via the Amazon Pay app. STEPS TO ACTIVATE ICICI BANK FASTag THROUGH AMAZON PAY: Step 1: Visit the Amazon Pay screen on the Amazon app. Step 3: You will be directed to the next screen where you need to …

Beware! Buy now pay later can impact your credit score
2 years, 9 months ago

Beware! Buy now pay later can impact your credit score

Live Mint  

When you buy something on digital marketplace, or use the post-paid services of cab aggregator, the service will naturally look tempting at the outset. Cab aggregator app Ola-run ‘Ola Money’ enables customers to pay for Ola rides and even pay for a range of other services including cinema, movies, shopping, medicines, among others. Amazon also offers a similar facility known …

What's behind Indians' credit card spending surge in recent months?
3 years, 1 month ago

What's behind Indians' credit card spending surge in recent months?

Business Standard  

Indians’ credit card spends in September jumped 57% on a year-on-year basis to Rs 80,000 crore, according to the latest data from the Reserve Bank of India. This represents 3.2% sequential growth, despite a high base of Rs 77,981 crore in August.In the past six months, the average monthly spending on a credit card increased to about Rs 12,400 from …

Amazon Great Indian Festival 2021 to kick off on 4 October: All you need to know
3 years, 3 months ago

Amazon Great Indian Festival 2021 to kick off on 4 October: All you need to know

Firstpost  

Users can a 10 percent instant discount on HDFC Bank cards, no-cost EMI, the option to use Amazon Pay Later, and more exciting offers from other leading Credit/Debit Cards. Amazon will allow people to use the platform for shopping in their preferred language, use the voice shopping feature in Hindi, and get access to loads of offers including Amazon Pay …

Amazon launches bundling service for video streaming apps in India
3 years, 3 months ago

Amazon launches bundling service for video streaming apps in India

The Hindu  

Amazon.com Inc launched in India on Friday a bundling option on its video platform for global and local streaming services, in a move aimed at boosting subscriptions. The Amazon Channels service will help customers using its Prime flagship loyalty programme to subscribe to multiple streaming apps on a single interface, Gaurav Gandhi, the head of Amazon Prime Video in India, …

Amazon spends Rs 8,546 cr in legal expenses during 2018-20 to maintain presence in India: Report
3 years, 3 months ago

Amazon spends Rs 8,546 cr in legal expenses during 2018-20 to maintain presence in India: Report

Firstpost  

Amazon is locked in a legal tussle over the takeover of Future Group and is facing a probe by the Competition Commission of India. US e-commerce giant Amazon, which is said to be investigating alleged bribes paid by its legal representatives in India, spent a staggering Rs 8,546 crore or $1.2 billion in legal expenses for maintaining a presence in …

Amazon Pay Later Hits Two Million Customer Sign-Ups in India In Just a Year After Launch
3 years, 5 months ago

Amazon Pay Later Hits Two Million Customer Sign-Ups in India In Just a Year After Launch

News 18  

Amazon Pay has announced that its Pay Later service has clocked over two million sign-ups. The e-commerce company explains that Amazon Pay Later is a payment method where banks and financial institutions offer an instant credit line to customers with an easy digital sign-up process. Amazon Pay Later provides a seamless payment experience with in-built security features and empowers our …

Amazon infuses ₹225 crore into payments unit Amazon Pay in India
3 years, 9 months ago

Amazon infuses ₹225 crore into payments unit Amazon Pay in India

The Hindu  

Amazon has infused over ₹225 crore into its payments unit in India, Amazon Pay, according to regulatory documents. aggregating to ₹225 crore to the existing shareholder on rights basis”, regulatory documents sourced by business intelligence platform Tofler showed. In January last year, Amazon founder Jeff Bezos had announced $1 billion incremental investment in India to help bring small and medium …

Amazon, Google vie for piece of India’s digital payments market
3 years, 9 months ago

Amazon, Google vie for piece of India’s digital payments market

Live Mint  

Technology giants Facebook Inc., Amazon.com Inc. and Google and credit-card providers Visa Inc. and Mastercard Inc. are among those vying for unprecedented access to India’s burgeoning digital retail payments market. In a market where cash is still king, digital payments are quickly gaining ground as India’s 1.3 billion people are starting to embrace online shopping and services such as online …

Google Pay, PhonePe account for 86% of UPI transactions by value in Oct: NPCI
4 years ago

Google Pay, PhonePe account for 86% of UPI transactions by value in Oct: NPCI

Live Mint  

NEW DELHI: Payments operators, Google Pay and PhonePe, seem to have a stranglehold on the unified payments interface market in India. According to October data from the National Payments Corporation of India, published for the first time, Google Pay accounted for 857.81 million transactions, while PhonePe came in second with 839.88 million transactions. The data said ₹1,65,654.71 crore worth of …

Amazon Great Indian Festival Sale: These Triple Camera Smartphones Will be Sold Under Rs. 15,000
4 years, 2 months ago

Amazon Great Indian Festival Sale: These Triple Camera Smartphones Will be Sold Under Rs. 15,000

News 18  

Budget smartphones over the years have evolved, and now users with a price range of Rs. Prime and non-Prime customers can enjoy additional cashback with Amazon Pay ICICI Bank Credit card across all smartphones listed below. Amazon Pay ICICI Bank credit cardholders can avail no-cost EMI options or enjoy an additional cashback of 5 percent and 3 percent. Prime and …

Amazon Pay, Uber partner to allow Indian users to pay for rides
4 years, 2 months ago

Amazon Pay, Uber partner to allow Indian users to pay for rides

Live Mint  

Amazon Pay and Uber on Monday announced a partnership that will allow users in India to pay for their rides on the ride-hailing platform using Amazon Pay. The partnership will see Amazon Pay being integrated as a payment option on the Uber app, enabling millions of customers to make contactless, safe and secure payments for their Uber rides, a statement …

Amazon, Flipkart ramp up credit products for festive sales
4 years, 2 months ago

Amazon, Flipkart ramp up credit products for festive sales

Live Mint  

Bengaluru: E-commerce firms Flipkart and Amazon are offering a slew of fintech and credit products to make buying more affordable, even in Tier 2 cities, in the upcoming festive sales as they look to widen the customer base. These include partnerships with banks for broader coverage of debit card EMIs, alliances with digital non-banking financial companies for no-cost EMI solutions …

Amazon infuses Rs 1,125cr into India unit ahead of festive sales
4 years, 2 months ago

Amazon infuses Rs 1,125cr into India unit ahead of festive sales

India TV News  

US-based e-commerce giant Amazon has infused fresh capital to the tune of Rs 1,125 crore into one of its India units, Amazon Seller Services, according to regulatory documents. Amazon Corporate Holdings Private Limited, Singapore and Amazon.com Inc Limited, Mauritius have pumped in Rs 1,125 crore into Amazon Seller Services, regulatory documents sourced by business intelligence platform Tofler, showed. Previously, the …

Amazon now provides users with car, bike insurance in India: Know how it works
4 years, 5 months ago

Amazon now provides users with car, bike insurance in India: Know how it works

India TV News  

Amazon Pay, the payments arm of the e-commerce giant's India unit, has partnered with Acko General Insurance Ltd. to offer two and four-wheeler insurance policies in the country. Customers can visit the Amazon Pay page or search on the Amazon mobile app or the mobile website to buy car and bike insurance in a few easy steps, Amazon said in …

Discover Related