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.” 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, […]

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