Move over PayPal: Amazon launches Amazon Payments in direct competition

In direct competition to PayPal, Amazon has launched a new service today, aptly named “Amazon Payments.

amazon-payments

Operating from AmazonPayments.com the new service charges 2.9% from each transaction, plus 30 cents. Users can shop online, being able to both send and receive money to Amazon and thousands of other web sites.

By rolling out Amazon Payments, the online retail giant is going full force against eBay and its PayPal subsidiary.

Amazon has more than 244 million active customer accounts, thus presenting a substantial threat against PayPal.

Since the proverbial devil is in the details, it’d be interesting to know what the Amazon terms and conditions state, as far as domain sales are concerned.

For more information, head over to AmazonPayments.com.

 

Copyright © 2024 DomainGang.com · All Rights Reserved.