wordpress blog stats
Connect with us

Hi, what are you looking for?

Update: Flipkart Restricts Wallet Top-Ups To Flyte Only; Marketplace Announcement

Update: Flipkart writes in to explain why they've made this change: "The decision to exclude the wallet for physical product purchases is due to the following reasons: - This is a temporary change until we get the required government approvals to run a marketplace wide wallet - The Flyte wallet will continue as a closed loop wallet only for digital purchases - Running a single seller wallet on the marketplace would have led to a bad customer experience - given our aggressive plans to scale up the number of sellers in the future." Update: It appears that Flipkart's marketplace is live, but we can't be too certain. On all product pages, we found that a clear mention of what are called "sellers". The only thing is that for every product that we looked up - see watches, games, music, toasters, movies, books, the seller was a company called WS Retail, which was believed to be a part of the Flipkart group, before a restructuring took place. It is believed that Rajeev Kuchhal bought WS Retail earlier this year. Deepak Abbot informs us that Flipkart has multiple sellers in the computer accessories and gadget categories: @nixxin they seem to have multiple sellers on computer accessories and gadget categories twitter.com/deepakabbot/st…— Deepak Abbot (@deepakabbot) April 6, 2013 Earlier: Online shopping major Flipkart.com has restricted its users from using new wallet top-ups to transactions on Flyte, its digital goods store, an email it sent to its wallet users indicates. (see below; Hat tip: @anupamsaxena)…

Please subscribe/login to read the full story.
Written By

Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

Studying the 'community' supporting the late Sushant Singh Rajput (SSR) shows how Twitter was gamed through organized engagement

News

Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?

News

A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'

News

India's IT Rules mandate a GAC to address user 'grievances' , but is re-instatement of content removed by a platform a power it should...

News

There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ