Amazon India now allows you to use Unified Payments Interface (UPI) for online payments. This payment method was tested during January 2018 and is currently active on Amazon India mobile app and mobile website. However, there are some restrictions like transaction limit. So let’s see how UPI payment method works on Amazon India.
UPI is the new Government of India approved way to pay for online purchases through BHIM UPI apps linked to your existing bank accounts. If you have not created your UPI ID yet, we recommend you to read our UPI article on the same.
The transaction limit is understandable, but the restriction on combination payment is unreasonable. In case of payment failures, you cannot retry using the same method but choose a different one viz credit/debit card or net banking. Some of these restrictions might be removed only if Amazon Wallet allows you to create a UPI ID and link your bank account. Amazon will process refunds of cancellations and payment failures within 2-4 business days to the UPI linked bank account.
Amazon has been pushing their Pay Wallet service since the launch by partnering with more websites. In addition to this, they are also providing prepaid mobile recharges with Amazon Pay Balance. Moreover, they are running plenty of cashback offers these days for ‘adding money to’ or ‘paying with’ Pay Balance. As per the latest report, over 60% of their payment transactions are digital and Pay Wallet has contributed 48% of this. Hope the article was informative, Peace!
This post was last modified on February 7, 2018 8:11 pm