By Saritha Rai, Technology giants Facebook Inc., Amazon.com Inc. and Google and credit-card providers Visa Inc. and Mastercard Inc. are among those vying for unprecedented access to India’s burgeoning digital retail payments market. The companies are part of four consortia preparing to apply for licenses to operate retail payments and settlement systems in the country, people
Facebook, Amazon, Google Want Piece Of India s Digital Payments Market Facebook, Amazon, Google Want Piece Of India s Digital Payments Market The companies are part of four consortia preparing to apply for licenses to operate retail payments and settlement systems in the country.
Digital payments are gaining ground as India is starting to embrace online shopping.
Technology giants Facebook Inc., Amazon.com Inc. and Google and credit-card providers Visa Inc. and Mastercard Inc. are among those vying for unprecedented access to India s burgeoning digital retail payments market.
The companies are part of four consortia preparing to apply for licenses to operate retail payments and settlement systems in the country, people familiar with the matter said. More companies could band together before a March 31 application deadline.
Technology giants Facebook Inc, Amazon.com Inc and Google and credit-card providers Visa Inc and Mastercard Inc are among those vying for unprecedented access to India’s burgeoning digital retail payments market.
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