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Amazon's Fintech Play With UPI Circle: Can the Technology Deliver?
ZACKSยท 2025-10-08 16:26
Key Takeaways Amazon launches UPI Circle in India targeting the digital payments market projected to hit $7T by 2030.The family payment management feature targets digitally-savvy households without banking access.Amazon Pay India revenues fell 7% in fiscal 2024-2025 despite strong parent company growth.Amazon's (AMZN) aggressive push into India's digital payments landscape through its UPI Circle initiative represents a calculated move to capture market share in one of the world's fastest-growing fintech eco ...