Amazon Pay

BS BFSI Insight Summit: Educating customers in cybersecurity a long road

Experts at the Business Standard BFSI Summit call for a zero-trust approach and greater awareness as AI threats rise and customer education remains a long journey

Amazon Pay India revenue drops 7% in FY25 amid festive surge in usage

Despite ₹866-crore loss, platform sees strong consumer adoption during Great Indian Festival

Amazon Seller Services revenue rises 19% as losses narrow sharply

Amazon India's marketplace arm posted Rs 30,139 crore revenue in FY25, with losses narrowing sharply to Rs 374.3 crore as marketplace and advertising growth boosted efficiency

Your everyday credit card just got better: Amazon Pay ICICI Bank revamp

The Amazon Pay ICICI Bank Credit Card lowers forex fees, continues 5% unlimited rewards on shopping and travel bookings

ICICI Bank, Amazon Pay renew partnership for co-branded credit cards

ICICI Bank and Amazon Pay have extended their co-branded credit card partnership for seven years, lowering forex markup and continuing unlimited cashback rewards

Amazon Pay India CEO bats for balanced MDR to support stakeholders

Bansal emphasised that the structure and rates of MDR should not be arbitrary but carefully crafted through consultation between the regulator and the industry

Amazon Pay launches 'Rewards Gold': Get 5% cashback every time you spend

The program is simple to qualify for: complete any 25 transactions across shopping or payments via Amazon Pay to unlock these rewards. Once qualified, members earn assured cashback of upto 5%

BS BFSI: Compliance doesn't impede progress, say financial services heads

BS BFSI Summit: While compliance requires significant investment, it does not impede industry progress, said CTOs and CEOs as they discussed the role of regulation in India

5 mn users: Amazon Pay ICICI Bank CC is India's favourite co-branded card

Amazon Pay ICICI Bank credit card offers diverse range of exciting benefits including instant issuance, no joining or annual fee, unlimited cashback, amongst others.

Amazon Pay UPI surpasses 100 million customers, marking a major milestone

Amazon Pay UPI has become a significant success, said the company, streamlining transactions both on the Amazon.in shopping app and across a wide range of external platforms

Launched in 2019, Amazon Pay's UPI offering crosses 100 mn customers mark

Amazon Pay on Monday said its UPI offering is witnessing widespread adoption across the country with over 100 million customers using the service. Launched in 2019, Amazon Pay UPI has witnessed strong user preference from across big states of Maharashtra, UP, Bihar, West Bengal, Karnataka, the company said in a statement. The 18-24-year age bracket led the adoption of Amazon Pay UPI, it added. "We are humbled and proud that 100M customers have chosen Amazon Pay UPI as their preferred choice of online payment experience. We are excited to continue to innovate and expand our offerings to simplify lives and fulfil aspirations for millions across India," Amazon Pay India CEO Vikas Bansal said. Mobile recharges, utility bill payments and e-commerce transactions were among the top use cases of Amazon Pay UPI, the statement added.

Google Pay, PhonePe, and Amazon Pay seek entry into RBI's digital rupee

These payment firms are collaborating with the RBI and the NPCI and are anticipated to introduce e-rupee access within the next three to four months, according to a Reuters report

Amazon Web Services, Tamil Nadu hub join hands for AI startup programme

Programme will enable startups to collaborate with the industry to build public sector-focused solutions using generative AI

Delhi Metro launches digital QR ticketing system with Amazon Pay

Delhi metro commuters can now purchase mobile-based QR tickets on Amazon Pay, with the DMRC on Thursday partnering with the platform to offer the facility, officials said. The innovative solution provides a quick, contactless, and hassle-free experience for millions of daily users, allowing them to purchase metro QR tickets on the go and transforming the daily commute in the national capital, they said. To avail of this facility, customers can simply click on the Delhi Metro QR ticket option under the Amazon Pay tab and follow some simple steps. They can select 'from' and 'to' stations, complete payment, and receive a mobile QR ticket instantly, the officials said. At metro stations, commuters just need to hold their smartphones in front of the QR code scanner at the automatic fare collection (AFC) gates for both entry and exit, they said. "Partnering with Amazon Pay for QR ticketing will make daily journeys more efficient and enjoyable. This innovative approach offers convenience,

'We do not worry about (UPI) market share', says Amazon Pay India CEO

When asked if the regulator has been asking them to increase market share, Bansal said the need is to focus on growing the Unified Payments Interface (UPI) ecosystem

Amazon Pay explores credit on UPI through collaboration with NPCI

NPCI recently unveiled new features for UPI-linked RuPay credit cards, including EMI facilities, UPI AutoPay for credit card bill settlements, and enhanced credit limit

Amazon Pay to ramp up Smart Stores service partnership to 150 brands

The company has launched 18,000 Smart Stores in India since its inception in 2019

Amazon Pay to ramp up Smart Store services partnership with top 20 brands

The company has launched 18,000 Smart Stores in the country since its inception in 2019

Amazon Pay gets final approval from RBI to operate as payment aggregator

The company added that the authorisation from the banking regulator would enable it to strengthen its distribution channels

Looking forward to ride credit on UPI wave: Amazon Pay India's Jain

Company aiming to redefine access and coverage in financial landscape by early 2024