Some of Our Sources
- Slashdot
- BoingBoing
- Techcrunch
- TutsPlus - Code
- Pearsonified
- The Logo Smith
- Six Revisions
- Abduzeedo
- Hashedout
- The Verge
Help Webnuz
Referal links:
August 23, 2013 01:40 pm GMT
Flipkart, the largest e-commece site in India,has been likened to Amazon both for what it offers and its presence in the market. But it has one crucial difference: because credit cards are not that ubiquitous, and Indian consumers generally distrust the idea of paying online, Flipkart has built its business on a cash-on-delivery model, where users order books, electronics and more online but pay after the goods are at their door. Now -- flush with another $200 million in funding -- Flipkart's using its muscle to spread its e-commerce tentacles to try to change all that. To cash inon India's growing changing spending habits it's investingin PayZippy, a digital wallet that will open up to consumer purchases later this year, after first opening for business in July as a direct merchant solution.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/lFtBZxDqvqE/
With Flipkart's Launch Of PayZippy, India's Answer To Amazon Wants To Become Its PayPal, Too
Flipkart, the largest e-commece site in India,has been likened to Amazon both for what it offers and its presence in the market. But it has one crucial difference: because credit cards are not that ubiquitous, and Indian consumers generally distrust the idea of paying online, Flipkart has built its business on a cash-on-delivery model, where users order books, electronics and more online but pay after the goods are at their door. Now -- flush with another $200 million in funding -- Flipkart's using its muscle to spread its e-commerce tentacles to try to change all that. To cash inon India's growing changing spending habits it's investingin PayZippy, a digital wallet that will open up to consumer purchases later this year, after first opening for business in July as a direct merchant solution.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/lFtBZxDqvqE/
Share this article:
Tweet
View Full Article
Techcrunch
TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.More About this Source Visit Techcrunch