Amazon Pay has finally received person-to-person (P2P) payments feature for Android users which will allow them make instant bank-to-bank transfers using the UPI platform on the Amazon app.
The P2P payments can be done directly from the Amazon app by simply choosing a contact from your phone contact directory or entering UPI ID or bank account of the recipient.
“Amazon auto-detects if the contact is a registered Amazon Pay UPI customer and enables the instant bank to bank transfer. If the contact is not registered for Amazon Pay UPI, the customer has the option to pay using any another BHIM UPI ID or contact’s bank account,” the company said.
If you avail the service, you can pay bills, rent, gift cards, Google Play gift vouchers, and various other subscriptions too. The use-case scenario could be multifold thanks to the large shopping role of Amazon in our lives.
“With this launch, we have the largest selection of shopping and payment use cases on the Amazon Android app which provides added convenience and control to our customers,” said Vikas Bansal, Director-Amazon Pay.
When it comes to digital transactions, security is a major concern for you and all. Thus, Amazon offers multi-factor authentication involving the customer’s phone, SIM details, and UPI PIN to secure the payments.
“Our goal is to make Amazon Pay the most trusted, convenient and rewarding way to pay for our customers,” said Bansal.
As a launch offer, you could grab up to Rs. 120 cashback on sending money through UPI. Hop on to the Amazon Pay dashboard page to check out various 3rd party cashback offers.