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Saturday November 28, 2009 3:28 PM AEST
PC Authority
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Amazon payment systems take on PayPal
27
NEWS
Amazon payment systems take on PayPal
by
Andrew Charlesworth
on Jul 31, 2008
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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.
Also see our eBay feature,
eBay: Friend or Foe
Also see our story
Ex-eBay sellers offer bang for your buck
Also see our story:
Ebay faces Aussie paypal setback: Play fair or else
Copyright © 2009 v3.co.uk
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