Payment collection platform Instamojo is opening up its app store to allow startups and companies to list their services as a storefront and charge users in form of subscriptions, the company said in a blog post. Organizations providing service for business including logistics, accounting, payroll, compliances, tax filing, etc can list their services and use Instamojo’s credit billing system to charge subscriptions from users. Instamojo has currently partnered with companies like Vakilsearch.com, Cleartax.com, Profitbooks.net, eCourierz.com and Loanzen.in among others to create ‘apps’ for services they provide and list them as a subscription pack costing anywhere between Rs 3,500 to Rs 13,000. For e.g. ClearTax has an app to help companies file-taxes online; companies and individuals can avail the service by paying a subscription fee of Rs 3,600. What the App Store does: In 2014, Instamojo had launched an app store that provided users with a suite of apps to simplify online selling and collection of payments. Users need to subscribe to these apps, some of which are free and others paid, to use them. To purchase the paid apps users needs to buy credits from the Appstore. “Appstore comes as a-la-carte offerings along with Instamojo payments and online stores which we provide as core offerings to help small & individual business owner to sell more, manage & grow their business,” a spokesperson from Instamojo told MediaNama On monetization: The company said that monetization will be on the lines of revenue-share model and commissions based, although the company did not reveal the…
- India’s central bank launches pilot of e-Rupee for retail segment: Here’s everything to know November 29, 2022
- Event Announcement: Reworking the Data Protection Bill, Delhi, 8th Dec #Ad November 29, 2022
- Telegram Discloses Names, Numbers, IP Addresses of Alleged Copyright Infringers to Delhi HC November 29, 2022
- Nashik residents question the linking of Aadhaar with Voter ID November 29, 2022
- What can we learn about crypto scams from WazirX’s latest transparency report? November 29, 2022
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
The Structure and Style of a Dogma Community: Conspiracy theories and organized Twitter engagement on Sushant Singh Rajput
Studying the 'community' supporting the late Sushant Singh Rajput (SSR) shows how Twitter was gamed through organized engagement
Do we have an enabling system for the National Data Governance Framework Policy (NDGFP) aiming to create a repository of non-personal data?
A viewpoint on why the regulation of cryptocurrencies and crypto exchnages under 2019's E-Commerce Rules puts it in a 'grey area'
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...
Why ‘group privacy’ should be recognised, and how ‘non-personal’ data becomes a regulatory blindspot
There is a need for reconceptualizing personal, non-personal data and the concept of privacy itself for regulators to effectively protect data
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
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...
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...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
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...