Amazon Pay adds bank-to-bank transfers using UPI
Amazon Pay adds bank-to-bank transfers using UPI
Amazon Pay has announced the launch of person-to-person (P2P) payments for Android users. This means that Amazon customers can now make instant bank-to-bank transfers using UPI platform on the Amazon app.
Customers can use this functionality to settle bills/expenses with friends, lend/return money to family, pay rents, pay for services like house-help, newspaper bills, milk subscription and more. Customers can also make payments from their bank account to local stores nearby or to Amazon delivery associate at the doorstep by scanning UPI QR codes using the Amazon app.
Built on the Govt. of India backed UPI platform, customers can send or receive P2P payments by simply selecting a contact from their phone contact book or entering UPI ID or Bank Account of the recipient.