Amazon Pay To Double Down On Insurance With New Offerings

With an eye on expanding its financial services offerings, Amazon Pay is now reportedly doubling down on insurance in India. Speaking with Reuters, Amazon Pay India CEO Vikas Bansal said that the company is expanding its insurance offerings to include travel insurance and ​other products. As per Bansal, the expansion plans are reportedly part of Amazon Pay’s strategy to evolve from a mere payments processor to a broader financial service platform comprising credit, insurance and savings and inve