Amazon Pay finally enters P2P payments market10:30:00 PM, Monday 29th of April 2019 | in business
Amazon Pay has finally entered the Indian peer-to-peer payments market 2 months after it went live on UPI in partnership with the Axis Bank. The firm was supposed to enter in UPI payments 1 year back, but the plan got delayed due to the data localization and data privacy regulations. The online transactions will be completed via BHIM app on UPI. Now, one can transfer via virtual ID, through bank a/c details as well.