To boost Amazon Pay in India, Amazon reportedly acquired Tapzo, an ‘all-in-one’ aggregator app, for $40M
The post To boost Amazon Pay in India, Amazon reportedly acquired Tapzo, an ‘all-in-one’ aggregator app, for $40M appeared first on BardTech . On the heels of Google rebranding Tez to Google Pay in India , and Walmart acquiring a majority stake in e-commerce marketplace Flipkart, Amazon is also making a run in India to hone in on the country’s growing economy. According to multiple reports, Amazon has paid around $40 million to acquire Tapzo , a startup that aggregates a number of app-based services — such as Uber, Ola, food delivery services Swiggy and Zomato, Book My Show, bill payment service BillDesk and more — into a single app. Amazon is reportedly paying between $30 million and $40 million, and its intention is to leverage Tapzo’s one-stop services app to help grow Amazon Pay usage in the country. Amazon Pay has reportedly been seeing a wider global push to spur adoption of the service. But in India, the drive to get people to use Apple Pay may be particula...