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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 ....
Amazon, Facebook, Google Said to Vie for Unprecedented Access to India’s Growing Digital Payment Market The companies are part of four consortia preparing to apply for licenses to operate retail payments and settlement systems in the country, according to sources. By Saritha Rai, Bloomberg | Updated: 4 March 2021 10:31 IST Facebook and Google agreed to invest more than $10 billion (roughly Rs. 72,900 crores) in Reliance Jio Highlights Reserve Bank of India is expected to give just one or two licenses The winners will take on National Payments Corporation of India Technology giants Facebook, Amazon, and Google and credit-card providers Visa and Mastercard are among those vying for unprecedented access to India s burgeoning digital retail payments market. ....
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. ....