Thursday, November 26, 2020
Home India Amazon Launches 'Amazon Pay UPI' For Android Users in India

Amazon Launches ‘Amazon Pay UPI’ For Android Users in India

This launch is a key step to enable Amazon customers in adopting BHIM UPI as a digital payment method, thereby helping the Indian government's initiative of "Cashless India", the company added

To facilitate secure payments and financial transactions on its platform, Amazon on Thursday launched “Amazon Pay Unified Payments Interface (UPI)” for Android users in partnership with Axis Bank to issue UPI IDs to its customers in India.

UPI is an instant real-time payment system developed by National Payments Corporation of India processing inter-bank transactions.

With this, users would be able to use their Amazon Pay UPI ID to shop on Amazon.in, make payments for their daily purchases, including recharges and bill payments, without entering bank account or debit card credentials or going through a multi-layer process to pay from their bank account, the company said in a statement.

“The launch of Amazon Pay UPI is a key milestone to help accelerate adoption of merchant payments on UPI platforms,” said Vikas Bansal, Director, Amazon Pay, India.

Amazon Pay
‘Amazon Pay UPI’ launched for Android users in India.

Every customer transaction on Amazon is secured through mobile device verification as well as with UPI pin.

Customers could link their bank accounts and complete one time set-up process by setting up a UPI pin to make instant payments.
Also Read- Instagram to Fix Bug Altering Follower Count of Users

This launch is a key step to enable Amazon customers in adopting BHIM UPI as a digital payment method, thereby helping the Indian government’s initiative of “Cashless India”, the company added.

Launched in 2007, Amazon Pay – the online payments processing service owned by Amazon – uses the consumer base of Amazon.com and focuses on giving users the option to pay with their Amazon accounts on external merchant websites. (IANS)

STAY CONNECTED

19,120FansLike
362FollowersFollow
1,780FollowersFollow

Most Popular

Identifying Mosquitoes Through App By Buzzing Sound

The high-pitched whine of a mosquito is annoying, but scientists have developed an app that uses that sound to detect dangerous mosquitoes. Mosquitoes kill hundreds...

Solomon Islands To Ban Facebook For National Unity

The government of the Solomon Islands has defended its plans to ban Facebook, insisting the move would preserve “national unity.” Ministers say the world's...

Gut Hormone Regulating Fat is Abnormal in Obesity

One key gut hormone released a few hours after eating, turns off fat production by regulating gene expression in the liver and this regulation...

50% Male Employees Agree Bias Against Women in Workplace

More than 50 percent of the men feel that there is an increased bias against women at the workplace, said a new survey. According to...

Here Are 10 Ways To Improve Self-Awareness Levels

Emotional intelligence tends to fuel one's performance on the personal front as well as professionally. Right from your self-assurance, empathy, and positivity to your...

Cooking With Biomass Fuels Damages Lungs

People who cook with biomass fuels like wood are at risk of suffering considerable damage to their lungs from breathing in dangerous concentrations of...

Pregnancy Stress Affects Infant’s Brain Development

Researchers have revealed that infants' brains may be shaped by levels of stress their mothers experience during pregnancy. The study, published in the journal eLife,...

What Does The Future Hold For Online Entertainment?

It’s hard to say exactly what kind of the year 2020 has been for the entertainment industry. While cinemas and theatres across the western world...

Recent Comments