Analysis of News relating to the Digital Money Ecosystem

Flipkart-Axis Bank partner to issue 1 million credit cards by mid-2020, will offer unlimited cashback - Moneycontrol

11/07/2019 Link to source

Flipkart-Axis Bank partner to issue 1 million credit cards by mid-2020, will offer unlimited cashback    To tap the growing pool of online retail shoppers, private lender Axis Bank and e-commerce giant Flipkart have launched a credit card. To woo customers, the ...

Context

	Axis Bank Axis Bank was the first of the new private banks to have begun operations in 1994, after the Government of India allowed new private banks to be established.
	PT AXIS Telekom Indonesia (AXIS) PT AXIS Telekom Indonesia is a GSM mobile operator that provides mobile communication and content solutions to subscribers in Indonesia and is largely owned by STC.
	Flipkart Private Ltd (FPL) Flipkart is a leading destination for online shopping in India, offering options of paying through Cash on Delivery, Debit Card, Credit Card and Net Banking.
	Axis Bank - India Axis Bank was the first of the new private banks to have begun operations in 1994, after the Government of India allowed new private banks to be established. The Bank was promoted jointly by the Administrator of the specified undertaking of the Unit
	Payment Gateway Services Private Limited Flipkart is a leading destination for online shopping in India, offering options of paying through Cash on Delivery, Debit Card, Credit Card and Net Banking.
	Flipkart Private Ltd (FPL) Flipkart is a leading destination for online shopping in India, offering options of paying through Cash on Delivery, Debit Card, Credit Card and Net Banking.
	Flipkart Payment Services - India Popular method in India of purchasing online and paying when goods reach the home. Cash on delivery (COD) is growing in importance in emerging countries.
	PayZippy - FlipKart PayZippy has been launched by Flipkart to make it safe and easy to pay online. It does this by removing the need for consumers to type in and reveal card details on merchant websites.
	Retail The Retail topic discusses issues and rules relating to the Retail Players involved in the digital money ecosystem.
	Flipkart Payment Services Popular method in India of purchasing online and paying when goods reach the home. Cash on delivery (COD) is growing in importance in emerging countries.
	AXIS Financial Services Mobile operator AXIS has launched a number of financial services ranging from tirals related to airtime transfer, IOU service, Sinar SIP to remittances, branchless banking, digital purchases and full PSP digital wallet services.

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