Amazon bets big on mobile payment wallet in India

Friday, August 18, 2017

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)

digital payments, fintech