<ul><li>Amazon Pay India, the digital payments arm of Amazon, reduced its losses by 39% to INR 911 Cr in FY24.</li><li>Revenues from operations increased by 9.2% YoY to INR 2,286.9 Cr in FY24.</li><li>Amazon Pay processed approximately 70.9 Mn UPI transactions in the previous month, holding about 0.5% of the total transactions on the network.</li><li>Amazon Pay India is working with the National Payments Corporation of India (NPCI) to roll out credit services to customers through UPI.</li></ul>

Amazon Pay Trims Losses 39%, Revenue Surges 9% In FY24

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