Card payments or third party UPIs can be a hassle if you gotta enter details every time or need to switch between apps. Paytm, GPay and PhonePe have fine built-in UPI systems, but they don’t have the wide marketplace like Amazon. And what if, Amazon creates a built-in UPI system to wave off such inconveniences?
It actually did!
Amazon India Launched New Payment Option – Amazon Pay UPI
On Thursday, Amazon India introduced a new payment option called “Amazon Pay UPI“, which was more like the regular BHIM UPI but having Amazon’s nativity. This was setup with Axis bank’s partnership and users will be given new UPI IDs.
The UPI system was introduced by National Payments Corporation of India for processing inter-banking transactions.
Upon activation, this instant payment option will be secured with UPI code as well as login code, where user have to enter both the PINs to authenticate the transaction. There could be a cashback of Rs.25 on the transaction.
Check here for more –https://amzn.to/2E1L78d
Vikas Bansal, Director of Amazon Pay India said, “The launch of Amazon Pay UPI is a key milestone to help accelerate adoption of merchant payments on UPI platforms.”
Besides Amazon’s, there another news of Moto G7 Power twirling in Flipkart. Which is setup for sale with a price tag of Rs.13,999.
Other notable sales like Redmi Note 7 will be on sale from February 28 and Samsung’s M30 is expected in March’s first week.