E-commerce Payments
E-Commerce
Amazon Pay launches sign language video KYC service
The service enables two-way video communication in sign-language between Amazon Pay employees and customers
Bengaluru: Online payments processing service Amazon Pay has launched a video sign language know your customer (KYC) service for its hearing and speech impaired customers, the company...
In Focus
Alternative payments account for 60% of e-commerce market in India: Report
Over the last five years, alternative payment solutions like Amazon Pay, Google Pay, and Paytm have consistently risen in popularity among Indian consumers
Bengaluru: With a market-share of about 58%, alternative payment methods such as mobile and digital wallets have...
Payments
Digital payment via UPI spikes on person-to-merchant transaction growth: Report
PTI -
The number of UPI transactions in January 2018 was 151 million, and it reached 9.3 billion in June 2023, primarily driven by the growth in P2M transactionsNew Delhi: Digital payment through Unified Payments Interface (UPI) has seen a multi-fold jump...
E-Commerce
National e-commerce policy in final stages; to be presented before top-level: official
PTI -
The proposed policy would take into account the interests of all stakeholders, like investors, manufacturers, MSMEs, traders, retailers, startups and consumersNew Delhi: The proposed national e-commerce policy being formulated by the commerce and industry ministry is in the final...
Latest News
Simpl introduces AI-powered checkout suite to minimise CoD losses
Simpl aims to replace CoD with an alternate system by working with ecosystem partners and through its AI-powered offerings
Bengaluru: Checkout network Simpl has introduced artificial intelligence (AI) enabled checkout suite with an aim to reduce losses from cash on delivery...
E-Commerce
All components of digital commerce should be available to everyone: Saahil Goel of Shiprocket
Saahil Goel, co-founder and chief executive officer of Shiprocket explains the journey and growth of e-commerce in India during his keynote speech at Shiprocket Shivir 2023New Delhi: Saahil Goel, co-founder and chief executive officer of Shiprocket said e-commerce at...
Latest News
Paytm monthly users increase by 19% to 9.3 crore
PTI -
Payment volumes for merchants or Gross Merchandise Values (GMV) rose 39 per cent on-year at Rs 1.47 lakh croreNew Delhi: Fintech company Paytm on Thursday said its average monthly users rose by 19 per cent on-year to 9.3 crore.Merchant subscriptions...
Digital
Chennai city ranks among top 5 in digital payment transactions in 2022: Report
PTI -
Bengaluru emerged on top with 29 million transactions worth $65 billion followed by New Delhi 19.6 million transactions worth $50 billion
Chennai: Chennai has emerged as one of the top digital payment transactions cities in 2022 in the country, a...
Digital
PhonePe forays into local commerce with Pincode app on ONDC network
PTI -
The Pincode app will be available initially in Bengaluru and it will expand to other cities after the app achieves transactions of around 10,000 per dayNew Delhi: Walmart-backed PhonePe on Tuesday announced its foray into local commerce with the launch...
Big Grid
How digital payments are driving India’s e-commerce
The rampant increase in smartphone users and easy accessibility to the Internet are some major boosters for this expansion. Keeping in line with the Digital India movement, more and more companies are building a presence online to reach the...
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Latest News
Retail sales grow 8% y-o-y in March 2024: RAI Survey
According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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