Amazon Launches its Own UPI Payment Service in India

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Amazon Launches its Own UPI Payment Service in India-

American e-commerce company Amazon has launched Unified Payment Interface (UPI) service on its platform in India. The company is offering this facility in partnership with Axis Bank. Users will get this facility via Amazon App.

According to the information, Amazon has begin the exercise of releasing its own Unified Payment Interface (UPI) handles in India. The company has also released some UPI handles for its users.

For this, users have to link their bank account to Amazon UPI app. With this, they can start sending and receiving money. At present, the company is issuing @apl handles, i.e. if you link your bank account with the Amazon UPI app, then you get a Virtual Payment Address (VPA) like mobilenumber @ apl.

Mobile Wallet Company        UPI Handle

Paytm                                      @paytm

PhonePe                                    @ybl

Amazon Pay                              @apl

Mobikwik                                  @ikwik

Freecharge                           @freecharge

The special thing in the UPI system is that if someone wants to send you money in a bank account, then you do not have to tell the bank account number and IFSC code. Money can be sent to your account through any UPI app only through ‘Virtual Payment Address’ (9271 … @ ybl, 2597… @ sbi etc).

Besides Google, PayTM, PhonePe, Amazon Pay, Mobikwik, Freecharges etc., Google is also offering the facility of ‘Google Pay’ through the app.

Let’s say that many companies have landed in the field of UPI payment in India. In addition to Wallet companies such as PayTM, PhonePe, Amazon Pay, Mobikwik, Freecharge etc. Google is also facilitating UPI through the ‘Google Pay’ app.

At the same time, the famous company, WhatsApp, is also going to bring the UPI facility in India to send instant messages. WhatsApp is also offering the utility of UPI to some of its users.

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