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Amazon Pay has announced its plans to introduce credit services on the Unified Payments Interface (UPI) platform as part of a deal with the National Payments Corporation of India (NPCI).
payments , digital wallet, UPI, Amazon, transactions , partnership
Amazon has introduced in India a ‘special store’ called Bazaar, offering affordable fashion and lifestyle products.
ecommerce, retail, delivery, expansion, online shopping
India-based payments and API banking company Cashfree Payments has announced the launch of Embedded Payments, a payment solution for software platforms.
payment processing, embedded payments, digital payments, online payments, payment methods
Amazon Pay has secured a payment aggregator licence from the Reserve Bank of India, being enabled to offer online merchant payment solutions to its clients.
payments aggegator license, payments , online payments, mobile payments, digital payments, ecommerce
Amazon has planned to tap India’s fashion and lifestyle ecommerce sector with the launch of Bazaar, a store where it will not levy extra charges on unbranded products.
ecommerce, retail, expansion, delivery, online shopping
Singapore-based digital bank Tonik has launched the ‘Luv Stash,’ a savings account that enables couples to save and earn a 4.5% interest rate.
digital banking, neobanks, product launch, bank account, online banking
We interviewed Boku’s new CEO, Stuart Neal, to discuss the current payments landscape and learn what are his top three industry predictions for 2024.
online payments, digital wallet, account-to-account payment, direct carrier billing, merchants, mobile payments, payment methods, UPI, PIX, QR code, local payment method, real-time payments
Financial services platform DMI Group has announced the acquisition of digital customer onboarding and servicing system ZestMoney.
acquisition, digital onboarding, financial services, lending
Akash Sinha, CEO and Co-founder at Cashfree Payments, discusses the numerous use cases of embedded payments for both businesses and end-users, as well as what customers should expect in 2024.
embedded finance, Open Banking Ecosystem, Open Banking payments, ecommerce, Gen Z, financial data, financial services, tokenization, data protection, API, fintech, cybercrime, SMEs, SaaS, BNPL
India-based ecommerce, Flipkart's biggest shareholder Walmart, has announced that it has infused about USD 600 million in a new fundraise for the startup.
funding, investment, ecommerce, retail
Amazon Pay has launched a service that enables two-way video communication in sign-language between Amazon Pay employees and customers in India.
product launch, customer experience, financial inclusion, KYC, digital payments
Building onto our previous reporting related to the partnerships that took place in Q3 2023 within the payments and commerce space, this analysis focuses on the banking and fintech industry.
banking, fintech, fraud prevention, financial crime, Open Banking, Open Finance, crypto, web3, The Paypers Quarterly Analysis series
The Paypers has researched and analysed the most prolific partnerships that defined and built resilience within the payments & commerce and banking & fintech sectors in Q3 2023, from payments infrastructure, BNPL, the proliferation of Tap-to-Pay, the surge of Open Banking tech, and overall digitalisation attempts for banking and financial services.
payments , paytech, partnership, The Paypers Quarterly Analysis series, ecommerce, fintech
Mark Beresford and Elisabetta Nadal from Edgar, Dunn & Company discuss the future of digital wallets as consumers’ preferences shift from physical cards to digital wallets stored in their smart devices.
payments , payment methods, digital wallet, e-wallet, contactless payments, ecommerce, commercial card, merchants, fintech
India-based payments and API banking solutions company Cashfree Payments has partnered with NPCI to launch AutoPay on QR for subscription-based businesses.
subscription payments, digital onboarding, product launch, partnership, recurring payments
Cashfree Payments, a payment and API banking solutions company, has partnered with Jamboree, an educational consultancy, to simplify fee payments for Indian students studying overseas.
partnership, payments , API, digital payments, cross-border payments, remittance
Singapore-based digital bank Tonik has partnered with retailer Home Along to support the growth of the former’s Shop Instalment Loan.
lending, partnership, instalment payments, retail
India Central Bank has proposed new AI-powered instant conversational payments in order to improve the overall digitalisation process in the region.
product launch, artificial intelligence, machine learning, payments , UPI, online payments, digital payments, mobile payments
Estera Sava, News Editor at The Paypers, analyses the most prolific partnerships that defined and built resilience in the payments and ecommerce space in Q4 2022 and Q1 2023.
ecommerce, payments , partnership, fintech, BNPL, retail, instalment payments, mobile payments, digital wallet, NFC, cross-border ecommerce, financial services, payments orchestration, marketplace, merchants, digitalisation
India-based food delivery startup Swiggy has offered its customers a credit card as the company increases effort to drive engagement and retention.
credit card, product launch, loyalty programme, cashback, delivery