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Tag Archives: wallet

Amazon India Gets RBI Nod For Mobile Wallet

New Delhi: Online marketplace Amazon India has secured a licence to operate prepaid payment instrument (PPI) or mobile wallet in the country as it tries to compete more aggressively against rivals Snapdeal and Paytm. The approval will help the US-based giant to cash in on the booming digital payments market in India. “We are pleased to receive our PPI license ... Read More »

Mobile wallet companies like Zeta, Transerv turn to corporate gifting and reimbursement biz for growth

  MUMBAI: After bill payments, recharges and shopping for individual customers, mobile wallet companies are vying for the corporate gifting and reimbursement space as the retail business growth appear to be tapering. Payment companies like Zeta and Transerv have developed digital meal vouchers, which are part of the salary package that can be loaded into the employee’s wallet as tailored ... Read More »