News > Amazon rapidly scaling up its e-payments, financial services in India

Amazon rapidly scaling up its e-payments, financial services in India

Business Standard | 24/10/2021 10:41 PM | Click to read full article

Amazon Pay, the digital payment arm of the e-commerce giant, is rapidly scaling up its e-payments, credit and financial services across the country.

The firm is speedily making inroads into India’s booming digital payment market including tier-2 and 3 cities and towns, where it is witnessing very strong growth and competing with Walmart-owned PhonePe, Alibaba-backed Paytm, and Google Pay.