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Reserve Bank of India has finally approved Amazon’s digital wallet and provided them with the license to operate a full-scale eWallet. This now puts Amazon in direct competition with existing digital wallets such as Paytm, Freecharge,…

At a time when various banks are still struggling to create their own UPI based apps for making and accepting payments, India’s biggest ecommerce portal has already launched one. Hailed as India’s first UPI (Unified Payment…