Vendors accuse HomeShop18 of fraud; PhonePe may partner with ICICI Bank for UPI-based transactions

Tanmay Tiwary

Vendors of the teleshopping and ecommerce portal HomeShop18 say the company has failed to pay them. Bengaluru-based payments platform ....

30 September, 2019

RBI norms for payment intermediaries may affect Amazon Pay, Ola Money

Payal Ganguly

Ecommerce players like Flipkart and Amazon and ride-hailing platform Ola may soon have to comply with guidelines set down by the ....

18 September, 2019

Amazon Pay strengthens war chest with fresh infusion from parent

Payal Ganguly

Amazon Corporate Holdings Singapore has led an infusion of Rs 450 crore ($64.2 million) in Amazon Pay, the e-commerce platform’s ....

24 June, 2019

Google Pay, Amazon Pay among 48 fintech players not compliant with data-protection law: Survey

Payal Ganguly

All 48 fintech entities surveyed including BHIM, Google Pay, PhonePe, Amazon Pay, and MobiKwik, were found not fully compliant ....

11 June, 2019

Amazon Pay diversifies UPI offerings by foraying into P2P transactions

Kavya Kothiyal

Amazon Pay India Pvt. Ltd, the local digital payments arm of global e-commerce major Amazon Inc, on Monday announced the launch ....

29 April, 2019

Amazon rolls out QR code payments in offline push

Payal Ganguly

E-commerce giant Amazon India is introducing a QR-code-based facility for product discovery and payments at offline stores amid ....

27 March, 2019

PhonePe gets fresh infusion from parent as competition heats up

Vijayakumar Pitchiah

PhonePe, the digital payments arm of Walmart-owned e-commerce giant Flipkart, has received the first capital infusion of 2019 ....

22 March, 2019

Amazon Pay rolls out doorstep KYC verification for wallet users

Payal Ganguly

Amazon Pay has started making doorstep visits to verify its users’ Know Your Customer (KYC) details. The digital wallet ....

11 January, 2019

Amazon testing its own UPI handle for new payments product: Report

Vijayakumar Pitchiah

The payments arm of Amazon India has started testing its native unified payments interface (UPI) handle with a closed user group, ....

9 January, 2019

Flashback 2018: Flipkart steals the show as e-commerce dominates M&A activity

Kavya Kothiyal

When it comes to M&A deals, Flipkart undoubtedly stands out as the Indian startup ecosystem’s greatest success -- not ....

26 December, 2018

Xiaomi launches payments service Mi Pay

Payal Ganguly

Device maker Xiaomi has entered the crowded digital payments space in the country by partnering with ICICI Bank and PayU India. ....

21 December, 2018

Amazon India marketplace revenue grows 58% in FY18, loss mounts to nearly $1 bn

Dearton Thomas Hector

Amazon Seller Services Pvt. Ltd, the Indian marketplace arm of US-based online retailer Inc., fell deeper into a loss ....

2 November, 2018

Amazon Pay's FY18 India loss widens as costs jump four-fold

Dearton Thomas Hector

Amazon Pay (India) Pvt. Ltd, the local digital payments arm of global e-commerce major Inc., has seen its operating ....

31 October, 2018

Explainer: How does the RBI’s data localisation directive impact payments firms?

Payal Ganguly

The Reserve Bank of India’s refusal to extend the deadline for localisation of payments data in India has left global companies ....

16 October, 2018

Why the Aadhaar verdict is a roadblock for businesses collecting KYC details

Payal Ganguly & Shweta Sharma

When Delhi-based digital marketing professional Sudarshan Sahu requested digital wallet firm Paytm to complete his know your customer ....

26 September, 2018

Personal assistant platform Tapzo to shut down services next month

Binu Paul

Personal assistant platform Tapzo, which was recently in the news for a potential acquisition by Amazon’s payment service, ....

3 September, 2018

How Amazon 'target' Tapzo could spice up its digital payments play

Binu Paul

On a day when Paytm confirmed that billionaire Warren Buffett’s Berkshire Hathaway had invested in it and Google rebranded ....

29 August, 2018

Flipkart injects $66 mn more into payments arm PhonePe

Vijayakumar Pitchiah

PhonePe Pvt. Ltd, the in-house digital payments arm of e-commerce firm Flipkart, has received another $66 million (Rs 451.66 crore) ....

9 August, 2018

Amazon deposits more money into Indian digital payments arm

Vijayakumar Pitchiah

Amazon Pay (India) Pvt. Ltd, the local digital payments arm of the global e-commerce major, has received a fresh funding infusion ....

17 July, 2018

Amazon India integrates UPI into its mobile interfaces

Anirban Ghoshal

Online retailer, Inc.’s India arm said it has integrated into its mobile interfaces a governmental payment system ....

6 February, 2018