Indian Flipkart has opened electronic payment service to the public

January 13 News, India's network of retail giant Flipkart 5 months ago to open up the platform of Merchants open electronic payment services Payzippy. Now after a period of trial operation, Flipkart has opened up the online payment service to the general public.

According to foreign media Techcircle reported that this PayPal-like payment system Payzippy allows customers to store credit card information, customers can use the system to Flipkart or open platform to pay the merchant. With the ability to store credit card information and billing addresses that can save a lot of time to pay, the new electronic payment system can make online transactions more convenient. The Flipkart open platform, which was launched in April this year, complements its proprietary platform, a proprietary and open platform model similar to Amazon's.

Flipkart plans to have 150,000 payzippy users in the first month, reaching 1 million next June. But with India's small number of credit card holders, the increase in the number of users will be limited. But the industry Analysis Payzippy Future Network Bank account to provide more services, is expected to payzippy can have better development.

So far payzippy has been accepted by a number of Indian electric dealers, such as the online travel network Makemytrip, online booking website JustEat, and the largest baby supplies electric dealer Babyoye.

Payzippy similar to international trade payment tools PayPal and China's Alipay, Tenpay, referring to the impact of these payment tools on the E-commerce market in various countries, the rise of payzippy can inspire more Indians to do online shopping.