Amazon Pay is a digital wallet like any other wallet which is owned by Amazon from which we can make an online transaction on its platform and as well as on various third party websites/ applications. Recently Amazon has launched Amazon Pay UPI services to send and receive money directly in your bank account. But for this, you need to setup Amazon Pay UPI.
There are different UPI enabled apps are available in India, some are very popular like PhonePe, Google Pay, Paytm, BHIM UPI, WhatsApp, and many more. Amazon has created a fight for other UPI associated payment wallets.
There are no hidden charges associated with using the Amazon Pay UPI.
How To Register For Amazon Pay UPI
Amazon has collaborated with Axis Bank for the UPI transaction on its platform. You need to register or set up your UPI id through Amazon to avail of its UPI services that give a lot of benefits in terms of cashback. By enabling the Amazon Pay UPI you don’t need to enter your bank credentials, OTP (One Time Password) to complete your transactions. Only the mobile number is to be verified and with the help of UPI (Unified Payment Interface) PIN, the transaction will be completed.
Step By Step Guide To Setup Amazon Pay UPI
Currently, Amazon Pay UPI has been launched for Android users only. First, download the Amazon app and create your account. After that, you need to create Amazon Pay UPI Id from which you can make any transaction directly from your bank account. No need to add money to the wallet. Here is our step by step guide to register on Amazon Pay and create your unique UPI Id.
Step 1: First of all you need to launch your Amazon make sure that you are signed in to your Amazon account. Tap on Amazon Pay.
Step 2: Now you need to select the Amazon Pay UPI option from the given options.
Step 3: At this step, you need to select the Sim card (If you have multiple Sim cards in your device) that are associated with your bank account for verification purposes and tap on proceed.
Step 4: Now you will receive an OTP (One Time Password) for verification purpose sent from Amazon.
Step 5: Once your mobile number has been verified it will show your bank details, you need to select your bank account for further actions.
Step 6: Now this is the final step in which you have to create your UPI Pin in order to validate your transactions. If you have existing UPI Pin you can enter the same and proceed.
FAQ (Frequently Asked Questions)
Vehicles insurance is essential in India whether it is two or four-wheelers. The insurance policy will take care of any accident, theft or third party loss then the insurance company will pay you IDV (Insured Declared Value). Step by step guide to buying vehicles (two or four) insurance from Amazon.
For me, Google Pay(Tez) is better as compared to Amazon Pay. It is because we don’t need to spend anything on Google Pay(Tez) as compared to Amazon Pay(Recharge, Bill, etc). In Google Pay(Tez) only we need to send money Rs 150 to get a blue scratch card to get rewards up to 1000. we can get 5 blue cards in a week and 1 orange card in a week that will give a reward of worth up to 1 Lac.
Amazon Pay Later is only available for Indian users it means you must have an account that is registered on Amazon.in. Mobile number and email-id must be verified and the most important is you must hold a valid permanent account number (PAN card) for completing the KYC.