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Edited By: Mohammad HarisLast Updated: March 03, 2023, 17:52 ISTAmazon Pay was non-compliant with the directions issued by RBI on KYC requirements.The RBI's penalty on Amazon Pay India has been imposed in exercise of powers vested in RBI…

The Reserve Bank of India on Friday said it has imposed a penalty of over Rs 3.06 crore on Amazon Pay (India) Private Limited for non-compliance with certain provisions related to Prepaid Payment Instruments (PPIs) and Know Your Customer…

Cashless transactions: A customer paying through UPI to avoid cash transactions at a medical store in Visakhapatnam | Photo Credit: K.R. Deepak On Tuesday, the cross-border connectivity between India’s Unified Payments Interface (UPI) and…

The Reserve Bank on Wednesday released a list of 54 entities, including Amazon (Pay) India, Google India Digital Services, NSDL Database Management, and Zomato Payments, which can continue to operate as Online Payment Aggregators (PAs).In a…

Telecom operator Reliance Jiohas removed the Rs 1,499 from its prepaid plan bundle packs. This plan offered a free subscription to Disney+Hotstar’s Mobile Edition for one year along with other regular benefits. The recharge plan is no…

E-commerce platform Amazon is back with another dose of its daily app quiz. As part of the quiz today, Amazon is giving the participants a chance to win Rs 500 in Amazon Pay balance. For those who are unaware, the Amazon Quiz is only…

E-commerce platform Amazon is back with another dose of its daily app quiz. As part of the quiz today, Amazon is giving the participants a chance to win Rs 5,000 in Amazon Paybalance. For those who are unaware, the Amazon Quiz is only…

Amazon Payhas unveiled a new digital campaign — #AbHarDinHuaAasan — to celebrate how digital payments have simplified the lives of merchants across the country. Over 5 million merchants have now signed up for the Amazon Pay for Business…

Amazon seems to have new plan to expand the scope of Fire TVStick. It is bringing the 'big screen' experience to casual gamers. With this, the company seems to be aiming to make users also look at Amazon Fire Stick as a gaming device for…

Have you noticed the change in the Paytm while making any recharge? It has started levying ‘platform fee’ for recharges done through it. Paytm is charging between Re 1 to ₹6 as convenience fee, platform fee,…