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Indian here. For people from my class (middle to upper-middle), Amazon has largely replaced Flipkart (the market leader), and eCommerce has largely replaced loc
by puranjay 11y ago
Indian here. For people from my class (middle to upper-middle), Amazon has largely replaced Flipkart (the market leader), and eCommerce has largely replaced local commerce.
Payment is a massive pain in the ass though. Getting credit cards is a nightmare if you don't have a traditional job. You need 2-factor authentication for all transactions, which is just a ton of work.
I often end up using 'cash on delivery' just because I'm too lazy to enter my debit card details and do the 2-factor authentication
Flipkart still has a better presence outside of the big cities, but Amazon is catching up, fast.
- kbart 11y agoWhy don't use PayPal then?
- pkd 11y agoBecause PayPal doesn't support the two step authentication that Indian banks require.
- JTon 11y agoI use 2FA on my Paypal account.. ?
- firasd 11y agoYou're close: Paypal is a bit hamstrung by regulations in India, but the domestic mobile wallet industry has been growing. My prediction is that China & India will (continue to) leapfrog credit cards in favor of mobile payments. (P.S. not linking here because it's a bit off-topic but I've added links to my article & slide deck about this in my HN profile.)
- neximo4 11y agoPaypal doesn't allow you to hold balances in Indian Rupees. You can only use dollars.