New Amazon payment systems target merchants and consumers
Amazon payment systems take on PayPal
/v3-uk/news/1973946/amazon-payment-systems-paypal
30 Jul 2008, Andrew Charlesworth , V3
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.
© Incisive Media Investments Limited 2010, Published by Incisive Financial Publishing Limited, Haymarket House, 28-29 Haymarket, London SW1Y 4RX, are companies registered in England and Wales with company registration numbers 04252091 & 04252093
Do you agree?
I think eBay has ran paypal into the ground
I think eBay has ran paypal into the ground, but until people stand up against paypal on eBay they will. continue to spread its disease around the globe
Posted by Shelly, 11 Aug 2008