Friday
August 18
2017

Amazon bets big on mobile payment wallet in India

After establishing a firm foothold in India’s online marketplace, Amazon has now set its eyes on the booming mobile wallet market. The Seattle based e-commerce giant had secured payment wallet license from Reserve Bank of India in April for its venture Amazon Pay, reports Business Standard.

Photo courtesy of Grameen Foundation.

Source: Asia Times (link opens in a new window)

Categories
Technology
Tags
Amazon, digital payments, financial technology, fintech, India, mobile money, mobile payments, mobile wallets