E-commerce giant Amazon's finance technology division, Amazon Pay has received a final approval for engaging in online payments in India - a license of Payment Aggregator from the Reserve Bank of India (RBI). It is a significant milestone for Amazon in India to facilitate e-commerce transactions. 
application.

The regulatory approval was granted on February 20, empowering Amazon Pay in facilitating e-commerce transactions through its application. Amazon Pay is one of the most used online payment platform used in India.