On the heels of Google Pay offering its platform for booking fixed deposits, Amazon Pay on Wednesday also tied up for a similar arrangement with a wealth management platform.
Kuvera.in said it would provide “its services, products and technology know how to create an exclusive experience for Amazon Pay’s users to facilitate investments into mutual funds, fixed deposits, and more over time”.
On its website, Kuvera listed three deposit buckets by Bajaj Finance. The site mentioned deposits for 12-23 months, 24-35 months, and 36-60 months, offering interest rates of 5.75 per cent, 6.20 per cent, and 6.60 per cent, respectively.
The …
After Google Pay, Amazon debuts as platform for taking deposits
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