Amazon, Meta join fight to end Google Pay, PhonePe dominance in India

Amazon, Meta join fight to end Google Pay, PhonePe dominance in India

Amazon and Meta are among the big companies set to lobby India’s payments body over the dominance of Walmart-owned PhonePe and Google Pay in the country’s fast-growing instant payments network. Executives representing platforms including Amazon Pay, WhatsApp, CRED, MobiKwik, and Flipkart’s Super.money are scheduled to meet the National Payments Corporation of India on Thursday, TechCrunch…

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PayPal taps wallets from China and India to make cross-border payments easier for 2 billion people

PayPal taps wallets from China and India to make cross-border payments easier for 2 billion people

PayPal announced Wednesday it has partnered with global wallet companies to create a platform called PayPal World that is designed to make cross-border commerce easier. The platform will allow users to pay others using their local wallets and payment systems. The company said the launch partners include India’s NPCI International Payments Limited, which operates mobile…

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