Amazon India gears up to expand scope of digital payments service in India - Livemint
15/06/2017 Link to sourceAmazon India gears up to expand scope of digital payments service in India Amazon India, which had applied for what is called a prepaid payment instrument (PPI) licence nearly a year ago, has got the go-ahead from RBI to launch its own digital wallet service, but it is not clear whether the company will launch a new payments ... Amazon India all set to launch digital payment platform Moneycontrol.com all 15 news articles »
Context
India The Republic of India is a country in South Asia. It is the seventh-largest country by area and the second-most populous country. | |
Reserve Bank of India (RBI) Reserve Bank of India is the Central Bank responsible for the monetary stability in India. | |
Amazon Payments, Inc. Amazon Payments, Inc., is a wholly owned subsidiary of Amazon.com. | |
Digital Payment The Digital Payments domain has been described by Shift Thought™ as a way to understand the different ways in which monetary value may be transferred between persons, businesses, government and other entities. | |
Digital Wallets The Digital Wallet domain has been described by Shift Thought™ as a means of understanding the whole range of stored value products including the provision of e-money, mobile wallets and e-wallets. | |
Amazon China/ Amazon.cn (formerly Joyo.com) Amazon China/ Amazon.cn (formerly Joyo.com) is the China operation of Amazon, the world’s leading e-commerce company. | |
Amazon India/ Amazon Seller Services Private Ltd Amazon.in is operated by Amazon Seller Services Private Ltd, an affiliate of Amazon.com. | |
ACI Gift Cards Inc. (Amazon) ACI Gift Cards Inc. with its afffiliates runs the Amazon Coins program in USA. | |
Amazon - USA Amazon Payments, Inc., is a wholly owned subsidiary of Amazon.com. | |
Amazon Payments Europe S.C.A. Amazon Payments Europe S.C.A. is authorised as an electronic money institution in Luxembourg. | |
Digital Wallet The Digital Wallet topic discusses the use of an account and stored value or e-money across multiple channels and services. This includes prepaid cards, vouchers and mobile wallets. | |
Payments The Payments Topic includes knowledge related to a variety of services such as mobile payments, online payments, bill payments and more. | |
Digital Money in India 2014 India, the second-most populous country in the world has ambitious plans for financial inclusion, putting in place infrastructure to spread low cost mobile financial services throughout the country. | |
Mobile money in India A concise look at mobile financial services in India. |