News Roundup: Tech Giants Expanding in India

Two major technology companies are reportedly expanding their services in India, and PayPal continues to add to its roster of partnerships.

Last week, the Economic Times reported that Google had launched an app giving India’s consumers access to restaurant delivery or home services, such as electricians or house cleaners. Users can look to the Areo app to order food or schedule appointments. They can also pay for the service directly on the app.

“We are constantly experimenting with ways to better serve our users in India. In this case, Areo makes everyday chores and ordering food easier by bringing together useful local services like ordering food or hiring a cleaner in one place,” a Google spokesperson said in a statement.

Also last week, Amazon received a prepaid payments instrument license from the Reserve Bank of India, which enables Amazon’s mobile wallet to be used both online and in store, according to a report in Mashable.

Amazon also announced this week that it is expanding its Amazon Pay service to France, Italy and Spain. Users in these countries can shop at participating e-commerce merchants and pay with their Amazon account information. Finextra has that report.

Leading payment facilitator PayPal continues to expand its partnerships. It announced an integration with Android Pay in which PayPal is enabled as a payment method within Android Pay.

“Initially, users will be able to pay using their PayPal balance and over the coming months we will add the ability to use cards that have been stored with PayPal, enabled by our recent tokenization partnerships with major card networks,” PayPal COO Bill Ready said in a blog post.

PayPal also announced an agreement in which Wells Fargo customers can use their debit or credit cards through the PayPal Wallet for in-store transactions.

Dataquest India reported that leading Indian payment facilitator Paytm has entered into a partnership with Genesis Luxury, which markets and distributes premium brands in India. Customers will be able to pay by using their Paytm app to scan QR codes at retailers selling such brands as Michael Kors, Coach and Hugo Boss.

Paytm also announced that it is rolling out a Food Wallet feature in its app. Indian companies provide their employees with food allowances, the company said. The new Food Wallet enables employers to transfer funds directly to employees’ wallets, avoiding the use of coupons and vouchers.

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