Sunday, July 26, 2009

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.
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