Amazon Pay is the most rewarding platform for employees. Amazon as a business partner at my organization provides one of the finest reward options for employees. You send an Amazon Pay gift card and it motivates the employee morale and boosts their work environment. It is also one of the genuine and trusted platforms for making payments. At my workspace, we use it for sending out gestures and gifts and rewarding the team. It is also one of the best use when there are festivals and anyone can easily send e-gift cards with Amazon Pay values and it's a useful gesture for employees to buy from one of the largest e-commerce platforms, Amazon.
Pros
E-Gift Cards
Sending and Receiving Payments (Merchant Transactions)
Scanning QR codes
Paying via Amazon Pay on Amazon
Cons
It's easy to use and accessible to any part of the world.
I would recommend some interface changes in how the app might look, else it works amazingly well for me and business purposes.
Likelihood to Recommend
It is well suited when an incident for women's day, all women employees were rewarded with Amazon Pay gift cards and it was one of the most rewarding and special things. In various employee engagement activities, the winners get to win shopping vouchers from Amazon and they can make use for their personal use. It is a highly recommended platform for me and my organization.
Generally, I use Amazon Pay for my personal day-to-day transactions. However, I also use Amazon Pay for making business transactions like contributing to an organizational level event or collecting gift card money for a colleague's birthday or marriage day. Not just Amazon Pay is very convenient option in case you want to use it to collect payments for any freelance project, be it an Indian client or a foreign client. Other than the IT firms, Most retail and shopping outlets use Amazon Pay for making customer-to-business transactions so I find it really helpful tool in every business sphere.
Pros
The experience of using Amazon Pay goes really well if you have paired your Amazon account with an Alexa-enabled device.
You don't have to take out your credit card in public and you can simply complete every purchase using Amazon Pay UPI.
Amazon Pay later is one of my favorite features that I use to make any purchase on the Amazon website. It allows me to make payments even when I am short on the pocket. And the good part is that you don't have to pay any interest for this pay later amount.
In case you have received a gift voucher from your company, you can add it to your account and it will reflect in your Amazon Pay balance.
Cons
Sometimes Amazon Pay fails to work or operates on low speed Internet connection. So that becomes frustrating for us.
Discount offers are hard to find if you are paying your purchase through Amazon Pay UPI.
In comparison to the other UPI apps, The cashback value offered is very less which sometimes stops you from using Amazon pay.
Amazon Pay is very less compatible with various shopping platforms hence if you want to transact using Amazon pay then you may not find the option there.
Likelihood to Recommend
As a user I find Amazon Pay a safe, trusted, and convenient option to make payments on various shopping sites. While if you are owning a small or medium-sized business then you can allow your customers to make payments through Amazon Pay. The most interesting point about Amazon Pay is that it is backed up by fraud protection technology that is implemented on the shopping site itself amazon.com. So paying with Amazon pay is highly recommended.
We use Amazon pay usually in money transfers or receive payments directly to our bank account with the help of UPI. Merchant payment, shopping with Amazon, bill payment, Mobile recharge, etc are the main thing where Amazon pay is used. The good thing about the software is it gives us a safe environment to pay or receive money.
Pros
Cash back from Amazon Pay is awesome.
Offer by Amazon Pay is great of all time in comparison with other payment software.
Directly connection with your bank account through UPI is amazing.
Cons
Scan timing of a QR code is more than any payment application that I think it needs to improve.
Gift card, offer should be more validate.
Bus, train ticket should be improve.
Likelihood to Recommend
It is from Amazon so I think the trust with this application for payment is great. No chance to strike your payment, no chance for fraud such a safe environment for paying and receiving money. You can pay your bills and recharge with this application. You can invest in gold with this application.
Makes it easier to purchase products quickly by having all of your information on file, and in a secure place! Amazon Web services is known for their security, and security vital for a financial institution. AWS also integrates easily with other platforms we use, which provides seamless and streamlined processes.
Pros
Fast
Reliable
Secure
Cons
More integration options
More streamlined customer service
Likelihood to Recommend
It's great for purchases across departments and ensuring the company card(s) are used appropriately. It's also a great place to store and find invoices from past purchases so we can easily submit them to accounting.
Amazon pay is a very good tool as it is can even be used for lot of vendors who are not on amazon.com. I love the services and ease of using it especialy when you have to check out quickly and don't want to share your credit card information with 2nd party.
Pros
2nd party vendors
Private vendors
Vendors where you don't want to share your credit information
Cons
more vendors
Likelihood to Recommend
Amazon pay is a very easy to use tool that is helpful to check out on private website. The process is very simple and the addded security is good for your peace of mind. It is not appropriate as it is not avaialble on lot of webiste. May be expansion of amazon pay on more private vendors will be helpful
Amazon Pay is great! It is a platform that we can use to send money to anyone who uses a mobile phone number, but only the person to whom the money is sent must have an Amazon Pay account in order to receive the money.
In my case, I use it to be able to charge my clients for different jobs that I do at the IT level.
Pros
Transfers on the platform are safe
It is very easy to integrate with platforms
The platform is very simple and that makes it very easy to use
Cons
The only bad thing I see is that sometimes it takes many days to settle the payments.
Likelihood to Recommend
Amazon Pay is one of the best tools to send and receive money, in my case, being from Latin America, it helped me to be able to charge services all over the world. It is a very safe and highly recommended platform.
I use Amazon Pay to do all kind of shopping either online or at mall/store. Every month I top up Amazon Pay and then use those to purchase grocery, recharge mobile/DTH. Sending money through UPI to my friends. And in doing these things, Amazon Pay always gives cash back. Hence, my wallet keeps on increasing according to purchases made. I love this feature so much.
Pros
When money is deposited into Amazon Pay, it can be used to do shopping for A to Z items.
After every shopping, some cash back is given, which gives cheers to the user.
One can send money through its UPI payment option, also mobile/DTH can be recharged using it and cash back is issued every month.
Cons
I recently won a gift card and I could not fully utilize it because secondary payment mode is considered when Amazon Pay becomes 0. My suggestion is, there should be an option for changing primary mode of payment.
Likelihood to Recommend
Amazon Pay is widely used all over the world. I use it for purchasing household items, recharging mobile/dish TV, sending money to others. It can be used in shops/malls also. One of its limitation is it always requires internet connection.
Amazon Pay is being used as a form of "petty cash" or "cash on hand" for small purchases with local vendors for specialty, limited, or one-time use products. It's convenient, easy to track, convenient for the user, and the local business. A specified amount of "discretionary" funds are budgeted for each applicable user/employee and can be utilized all at once or across months, and several purchases.
Pros
Great use of discretionary funds that would not be billed as other, more standard budget items.
Easy access of funds for specialty purchases that are traceable on a "rolling" budget account.
Cons
I've not seen a great deal of advertising across various social medium to promote this product across large industries.
I don't know if there is an offline feature where transactions can be made with a "pending" payment status, which ensures the seller the payment cannot be canceled or altered but allows for offline use. I'm not even sure this is a possibility.
Likelihood to Recommend
For our medium-sized organization, which is a strong supporter of local businesses/entrepreneurs, and has diverse funding sources, Amazon Pay is a real asset. It is reliable, convenient, easy to track expenses and revenue, and keeps a history of transactions across various timeframes. It would be an excellent application for new and upcoming small businesses as well, minimal overhead, and a commonly accepted form of payment/garnering revenue.
VU
Verified User
Director in Research & Development (1001-5000 employees)
