Amazon Pay Brings UPI Biometric Authentication
The new biometric authentication capability eliminates the need for UPI Pin entry for transactions up to Rs 5,000
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UPI Drives India’s Mobile Wallet Boom, Market Set To Reach $6.4 Tn By 2028
- by BW Retail World Bureau
- April 9, 2024
Data analysis firm GlobalData reports a significant surge in India’s mobile wallet market, with the unified payments interface (UPI). Their report highlights a robust 72.1 per cent compound annual growth rate (CAGR) in the value of mobile wallet payments between 2019 and 2023, reaching Rs 202.8 trillion (USD 2.5 trillion) by 2023. This growth is […]
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Amazon Business Witnesses 56% Sales Growth
- by BW Retail World Bureau
- July 21, 2023
Amazon India announced that the 7th edition of Prime Day was the biggest-ever Prime Day event. Thousands of sellers, brands and bank partners came together this Prime Day to offer Prime members big savings of around Rs 300 crores. Prime members enjoyed the fastest deliveries this Prime Day with the highest number of same-day deliveries. […]