Amazon Pay enables instant money transfer on Android

Monday, 29 April 2019, 13:34 Hrs
23
cmt right
24
Comment Right
26
cmt right
6
cmt right
Printer Print Email Email
Amazon Pay enables instant money transfer on Android


Amazon Pay on Monday launched person-to-person (P2P) payments for Android users who can now make instant bank-to-bank transfers using the UPI platform on the Amazon app.

Amazon customers can also pay bills, rent and various daily subscriptions, the company said in a statement. 

"With this launch, we have the largest selection of shopping and payment use cases on the Amazon Android app which provides added convenience and control to our customers," said Vikas Bansal, Director-Amazon Pay.

Customers can send or receive P2P payments by simply selecting a contact from their phone contact book or entering UPI ID or bank account of the recipient. 

"Amazon auto-detects if the contact is a registered Amazon Pay UPI customer and enables instant bank to bank transfer. If the contact is not registered for Amazon Pay UPI, the customer has the option to pay using any another BHIM UPI ID or contact's bank account," the company said. 

As a launch offer, customers can get up to Rs 120 cashback on sending money through UPI.

All payments are secured through multi-factor authentication involving the customer's phone, SIM details and UPI PIN.

"Our goal is to make Amazon Pay the most trusted, convenient and rewarding way to pay for our customers," said Bansal. 



Read More News:



Nubia's new gaming phone comes with internal cooling



Source: IANS
SPOTLIGHT
Startup City
With cities growing rapidly and infrastructure not keeping pace, the daunting work com..
Travel
Imagine life being a romantic Bollywood song of the 90's. All those exotic frames punched into one..
Finance
India's tea exports increased by 11.5 per cent to 17.93 million kgs in April this year aga..
Gadgets
Yamaha Music India has launched its first Indian keyboard PSR I500 under the 'Make in India' initi..
Business
Automobile major MG Motors India on Wednesday said that it plans to manufacture electric vehicle E..
Career
Les Roches Global Hospitality Education, a multi-national hospitality management institute, a..
Enterprise IT
Taking on streaming giants like Netflix and Hulu, Walt Disney Co. has announced it will ..
Entertainment
Actor Dhanush, whose last Hindi release was R. Balkis "Shamitabh", may be working in another H..
Technology
To ensure uninterrupted functioning of the app in areas of low networks, Facebook-owned..