Those keen on buying gold as investment will be better off with sovereign gold bonds or ETFs
The company's foray into financial services is going to play a key role in the firm becoming profitable and going public
Potential consumers can enjoy up to 70 per cent off on headphones, up to 70 per cent off on camera accessories, up to 60 per cent off on speakers and home audio
Amazon Pay has started making deep inroads in India's booming digital payments market and is competing aggressively with PhonePe, Paytm and Google Pay
Fintechs are at an inflection point with the Covid-19 pandemic giving a huge fillip to digital modes, reports Raghu Mohan
PharmEasy said it is encouraging digital and contactless payments that are not only convenient for its users, but also a must for their safety.
All the findings in this report are based on transactions held on the Razorpay platform from January 2018 to December 2019
PhonePe, which competes with Alibaba-backed Paytm, Amazon Pay and Google Pay, claimed it is India's first digital payment platform to launch international travel insurance.
PhonePe said there will not be any charges for customers or merchants to avail of this service
Amazon is also pushing its Amazon Now app aggressively to its Prime members, for which it has enlisted Big Bazaar as its delivery partner
Fresh investment comes at a time when CCI has ordered an investigation against Amazon and Walmart-owned Flipkart on complaints of deep discounting practices and tie-ups with preferred sellers
All the cinemas and theatres listed on Amazon.in for this category will be powered exclusively by BookMyShow.
The loss swelled from Rs 1.78 billion in the preceding year
Amazon Pay, the online payments processing service owned by the America-based retailing major, has tied-up with ICICI Bank to launch an Amazon Pay ICICI Bank credit card, in partnership with Visa.It has planned to majorly expand in the financial technology space and in making digital money more prevalent in tier-III cities and other towns. Amazon Pay says their tie-up would help in greater penetration for ICICI, into places where credit card usage is less. This is the first card in the country to enable Amazon Prime members earn five per cent reward points on shopping on Amazon.in. The points would be accumulated in the form ofan Amazon Pay balance, for use to either shop on Amazon or spend on items such as bill payment, food ordering, travel ticketing and hotel booking, among other services."As the card is available on Visa's network, customers also earn rewards at millions of merchant locations throughout India where Visa cards are accepted. Currently, this programme is available ..
Amazon has also partnered with select billers, telecom and DTH operators to offer exclusive promotional offers to customers across recharges and bill payments