Amazon payment systems take on PayPal

By
Follow google news

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.
Got a news tip for our journalists? Share it with us anonymously here.
Copyright ©v3.co.uk
Tags:

Most Read Articles

Defence's VMware contract climbs to $178m

Defence's VMware contract climbs to $178m

Apple, Google strike Gemini deal for revamped Siri

Apple, Google strike Gemini deal for revamped Siri

India proposes forcing smartphone makers to give source code

India proposes forcing smartphone makers to give source code

China is closing in on US technology lead despite constraints

China is closing in on US technology lead despite constraints

Log In

  |  Forgot your password?