Amazon India mobile got Mobile wallet business license, to compete snapdeal-Paytm - Tech News Feeds

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Wednesday, April 26, 2017

Amazon India mobile got Mobile wallet business license, to compete snapdeal-Paytm


E-commerce company Amazon India prepaid payment instruments (PPI) or land mobile wallet has been licensed to operate. This has been his rival Snapdeal and Paytm will help to compete.
Also will help you take advantage of the growing digital payment market in the country with this permit.
Amazon India said in a statement on Wednesday, "We are happy to receive your PPI license from the Reserve Bank of India (RBI). Our focus is on customers to provide a convenient and reliable payment experience. " 
In December, Amazon had launched the "Pay balance 'service. It meets all of the features of mobile wallet, but it is confined to the site of Amazon.

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