Amazon invests Rs 225 crore in its Indian digital payments wing

Amazon Pay, the online payment business benefited from the capital infusion

Earlier in March, Amazon Pay received another Rs 225 crore from the parent firm

This takes the total capital infusion in Amazon Pay to Rs 450 crore this year

The investment comes at a time when India is pushing for digital payments owing to the COVID-19 outbreak

In India, Amazon Pay competes with the likes of Paytm, PhonePe and Google Pay

 

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