Amazon enters crowded P2P payments market in India

Amazon India today announced that it is entering the crowded P2P payments market in India. Amazon Pay made it easy for millions of Amazon customers to buy on any website. With this new announcement, Amazon customers can now make instant bank-to-bank transfers using UPI platform on the Amazon app. Millions of Amazon users in India can now use Amazon Pay to settle bills, pay rents, send or receive P2P payments, and more.

“Our goal is to make Amazon Pay the most trusted, convenient and rewarding way to pay for our customers. The customers trust their Amazon app and we continue to expand payment use cases directly on the app. 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.

This feature is now available for Android users for now. As a launch offer, users can get up to Rs 120 cashback on Sending Money through UPI.

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