Amazon recently achieved the license of Wallet in India. This will now allow the Amazon, a “US eCommerce” giant to also provide the paying service to the people of the country without any restrictions. So the new era of improved purchase experience from Amazon has been made possible.

Improved Purchase Method

At the moment it is necessary for the customers, to go through a two-factor authentication for their every purchase. This two-factor authentication is necessary just because of the law. Now the wallet license surely would be able to change things as people can top up their wallet for the purchases. Another benefit which Amazon would be able to get because of this Wallet License is, it would be able to provide cashback offers, fast refunds and many other effective features. So the customers would be able to get instant cashback and refunds without any delays and wait.

Amazon Spent $5 Billion on Wallet License in India

It took around $5 Billion by Amazon to develop its setup and gain the wallet feature in India. The Wallet license was awarded to Amazon in March. Now it is the era of further improved services from Amazon for the people of India. This would put dramatic and huge impact on the sales of Amazon which would make it even more successful and a super hit in India.