Digital wallets are transforming payments and commerce. In today’s operational landscape, where convenience reigns supreme and value-added services drive customer stickiness, the financial services industry faces new challenges and opportunities from the Big Tech builders of those very digital wallets. With the news at Tuesday’s...
The Reserve Bank of India’s (RBI’s) offer to allow payment firms to enable eRupee transactions via their platforms has reportedly been taken up by five such firms. Google Pay, Walmart-backed PhonePe, Amazon Pay, Cred and Mobikwik have applied to join the Indian central bank’s digital currency pilot, Reuters reported Monday (Aug. 5),...
Social media platforms like Facebook, Instagram and TikTok have revolutionized the way consumers shop and interact with brands, with each channel meeting different consumer interests and needs. While not all users make purchases from their discoveries, more than 40% of consumers use their social media...
With the recent news that Amazon is partnering with Hyundai, the conventional wisdom might be to say: Amazon sells pretty much everything else across its platform, and as part of its evolving ecosystem. So why not cars? As announced earlier this month, beginning the second half of 2024, Amazon will start...
August 14, 2024
Digital wallets are transforming payments and commerce. In today’s operational landscape, where convenience reigns supreme and value-added services drive customer stickiness, the financial services industry faces new challenges and opportunities from the Big Tech builders of those very digital wallets. With the news at Tuesday’s (Aug. 13) ninth annual Made by Google event that Google […]
December 06, 2023
Social media platforms like Facebook, Instagram and TikTok have revolutionized the way consumers shop and interact with brands, with each channel meeting different consumer interests and needs. While not all...
November 22, 2023
With the recent news that Amazon is partnering with Hyundai, the conventional wisdom might be to say: Amazon sells pretty much everything else across its platform, and as part of its...
June 09, 2023
The whole point of buy buttons is to cut to the chase, as it were, for customers who have made up their minds and want to pay. This simple approach...
April 25, 2025
Amazon invested Rs 350 crore (about $41 million) into Amazon Pay India, the Economic Times reported Friday (April 25), citing regulatory filing with the Registrar of Companies. Amazon Pay was the eighth-largest Unified Payments Interface (UPI) player by transaction volume in March, and it’s looking to gain share from competitors like PhonePe and Google Pay, […]
August 05, 2024
The Reserve Bank of India’s (RBI’s) offer to allow payment firms to enable eRupee transactions via their platforms has reportedly been taken up by five such firms. Google Pay, Walmart-backed PhonePe, Amazon Pay, Cred and Mobikwik...
August 15, 2023
Amazon and Chase say they have expanded their equal monthly payments offering for card members. The companies announced Tuesday (Aug. 15) that Prime Visa and Amazon Visa cardmembers can now...
August 06, 2023
Amazon has teamed with Brazilian bank Banco Bradesco to offer a credit card in that country. The launch of the card is set for this week, CEO Octavio de Lazari...
