Multiple levels of integrations with the bank servers are required for enabling transactions.
K Vaitheeswaran, co-founder of Indiaplaza, one of India's first e-commerce companies, shares the lessons he learnt from its failure.
The scales started tilting in favour of smartphones in 2014, when a slew of new, yet vibrant, brands entered the market, with their competitively priced offerings helping smartphones become the indispensable device that it has turned into today.
Of all the tremors to rock the start-up world of late -- Snapdeal's layoffs, Stayzilla's shutting down, Flipkart's frequent devaluations -- nothing will match the rumble at ShopClues for poignancy.
These risks are viewed as more acute in the online world.
The budget-friendly Honor 9N is well designed and comes in exciting colours.
The Xiaomi Mi4 has a 5-inch IPS display and is powered by a 2.5 GHz quad-core Snapdragon 801 processor and has 3GB RAM.
Amid news that the company was planning to scale down its online marketplace business and eventually exit it, Paytm Mall is targeting Rs 10,000 crore in business over the next 12 months, says Karan Choudhury.
Private firms' offer to print Aadhaar details on plastic card a breach of law
While e-commerce sites rush to meet mass demand, Etsy is positioning itself more as a community of artisans where buyers can seek uncommon and unique products rather than mass-produced discounted products.
At the heart of the issue is the way e-commerce is defined in the current draft policy.