Amazon payment systems take on PayPal

 

Amazon has introduced two new payment systems for merchants and consumers which brings it into a market dominated by PayPal.

Checkout is aimed at online merchants who want a pre-packaged payment system, including tools for managing delivery charges, VAT, promotions and special offers. It features Amazon's One-click option for rapid payment.

Simple Pay is aimed at consumers who want to use their Amazon account to make purchases on other retailers' websites.

Google introduced a similar system for merchants and consumers in 2006, also called Checkout, but it has not found favour with online retailers.

Auction giant eBay, which owns PayPal, has prevented consumers from using the Google system.

Copyright ©v3.co.uk


 
 
 
Top Stories
IBM, NEC picked for major NSW Transport deals
Final contract negotiations begin.
 
Govt proposes crackdown on ISPs over piracy
Wants new legal powers for copyright industry.
 
Westpac interim CIO resigns
Group CIO yet to be appointed.
 
 
Sign up to receive iTnews email bulletins
   FOLLOW US...
Latest Comments
Polls
What is delaying adoption of public cloud in your organisation?







   |   View results
Lock-in concerns
  30%
 
Application integration concerns
  3%
 
Security and compliance concerns
  27%
 
Unreliable network infrastructure
  9%
 
Data sovereignty concerns
  21%
 
Lack of stakeholder support
  3%
 
Protecting on-premise IT jobs
  4%
 
Difficulty transitioning CapEx budget into OpEx
  3%
TOTAL VOTES: 1002

Vote