Flipkart's new payment gateway

Flipkart's payment solutions subsidiary - Flipkart Payment Gateway Services (FPGS) has launched its latest new version of its payment gateway PayZippy.

This service will allow online consumers to store their card information and use it for making online payments on merchant sites.  Flipkart had launched a gateway for merchants and mobile sites in July.

Mekin Maheswari, head of payments and digital media, Flipkart, said," We have reduced the time taken for making online payments by 50 per cent."