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OTT players ease payment worries with UPI tie-ups

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KOLKATA: The unified payments interface (UPI) service crossed a billion transactions a month last year and is on a constant upward trend. As more Indians make UPI their go-to option for online payment, over-the-top (OTT) platforms are also strengthening their ties with them to be more user friendly.

Leading OTT player ZEE5, which has seen high uptake of the service on connected devices,  became the first-ever OTT platform to launch an UPI based payment facility on connected devices. Users of Samsung smart TVs now have an option of ‘scan and pay’ by selecting the ‘UPI payment’ mode, ‘scanning the QR’ and ‘paying on their UPI app’. With this easy convenient option, the app is set to empower users by democratising the payment process and allowing customers to make payments through their smartphones. 

“ZEE5 has been leading the way in innovation through technology with constant upgrades to our interface and navigation to make things smoother for users. In an industry leading initiative, ZEE5 is now offering users the option to make their payments easily online while watching their favorite content through smart TV Apps. The latest update of the ZEE5 app on Samsung Smart TVs has already made UPI QR payments available to users. Customers can now choose their plan, make the payment through UPI within seconds by scanning the QR code, and then continue streaming. This is an exciting juncture for ZEE5 as very few sectors offer this option and we are the first platform in this industry to explore this. ZEE5 has been a pioneer in integrating new technology and options and this is another step that will drive forward our growth,” ZEE5 India expansion projects business head and global product head Rajneel Kumar said.

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SonyLIV 2.0, which has unveiled recently its new brand identity, reinforces its alliances with a series of wallet partners to maximise consumer delight.  In an exciting initiative, LIV premium subscribers now stand to win an array of offers and benefits across six leading payment options like Paytm, MobiKwik, AmazonPay, Payzapp, Freecharge and OlaMoney Postpaid. User can avail a cash back varying from 10 per cent upto 100 per cent subject to the platform. These newly announced cashback offers are available to all LIV premium subscribers in India across operating systems and devices.

“At SonyLIV, customer delight is of primal importance to us. We are happy to leap ahead in existing partnerships with wallets and add newer ones to the franchise. This is a major step up in our efforts towards strengthening old bonds and building new partnerships keeping in mind consumer behavior & preferences,” SPN digital business growth and monetisation head Manish Aggarwal said. 

ALTBalaji recently extended its association with payment gateways Paytm and Amazon Pay. As a part of the offering, Paytm will be offering cashback up to Rs 75 on ALTBalaji subscription whereas Amazon Pay customers will get a cashback of a minimum amount of Rs 10 and a maximum amount of Rs 250 on a minimum purchase of Rs 100. The offer will be valid in India for Android and web-only.

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“Keeping the customer at the very core of everything that we stand for, we have always strived towards providing them a seamless experience through our services. Our long-standing association with Paytm and Amazon Pay is yet another step in the right direction that further fosters this bond with our consumers. It will further give us the opportunity to reach out to the masses and make them aware of the engrossing and original content that we have on offer,” Balaji Telefilms group COO and ALTBalaji CEO Nachiket Pantvaidya said.

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Gaming

Sony raises PS5 prices for second time in under a year

US disc edition jumps $100 to $649.99 as memory costs surge.

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MUMBAI: Sony just hit the pause button on affordable gaming because when memory prices skyrocket, even the Playstation has to pay the premium. Sony has announced its second price increase for the Playstation 5 range in less than a year, citing pressures in the global economic landscape and a sharp rise in memory component costs driven by AI demand.

In the US, the PS5 disc edition will rise from $549.99 to $649.99, a $100 hike while the digital edition increases to $599.99. The more powerful PS5 Pro will jump $150 to $899.99. The Playstation Portal remote player will also rise by $50 to $249.99. The new prices take effect on 2 April 2026.

Similar increases have been applied in the UK (£90 per model), Europe and Japan. Sony last raised PS5 prices in the US in August 2025.

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“We know that price changes impact our community, and after careful evaluation, we found this was a necessary step to ensure we can continue delivering innovative, high-quality gaming experiences to players worldwide,” Sony said in a blog post.

The hikes come amid an unprecedented surge in memory prices, as manufacturers prioritise supply for AI data centres. Analysts say Sony had likely secured price protections for components that have now expired, forcing the company to protect its hardware margins.

Ampere Analysis research director of games Piers Harding-Rolls told CNBC that further increases from Microsoft and Nintendo would not be surprising, though Nintendo may hesitate to raise the price of its recently launched Switch 2 while establishing the new platform.

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The increases arrive eight months before the highly anticipated release of GTA 6, which is expected to drive strong console sales. However, early reactions online have been a mix of disappointment and resignation, with growing concern that premium gaming is increasingly becoming a hobby for higher-income players.

In a sector already grappling with tariffs, inflation and component shortages, Sony’s move underscores a tough reality: even the most popular consoles are not immune to the rising cost of keeping up with the latest technology.

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