Companies

Amazon Business Integrates B2B Payments Platform Melio

Modern Distribution Management

"B2B payments platform Melio integrated with the Amazon Business Reconciliation API to synchronize Amazon Business invoices in a single payment system. New York-based Melio, a payment platform for businesses, offers customers payment choices for flexibility to pay and receive payments how they want."

Tags: Amazon

Companies

Amazon Adds PayPal as a Payment Option to Buy With Prime

TechCrunch

"Amazon’s Buy with Prime program, which lets shoppers with a Prime membership purchase items from third-party stores and check out using their Amazon account, is getting a new payment option: PayPal."

Tags: Amazon PayPal

Companies Global

Amazon Pay UPI Surpasses 100 Million Customers, Marking a Major Milestone

Business Standard

"Amazon Pay UPI today announced that its app has crossed a major milestone, having been adopted by over 100 million customers. Leading use cases include mobile recharges, utility bill payments, and e-commerce transactions."

Tags: Amazon India

Companies

Amazon and Barclays Launch New Co-branded Credit Card That Gives Users Rewards on Everyday Spending

Barclays

"Amazon and Barclays announced a new partnership to launch a co-branded credit card in the UK. The new card enables customers to earn rewards on everyday spending, which can be redeemed for gift cards on Amazon.co.uk."

Tags: Amazon Barclays

Companies

Visa Expands Payment Options for Amazon Customers with Installments Plans

Visa

"Visa has announced a new collaboration with Amazon that will provide Canadian consumers with more choice at checkout. When shopping online on Amazon.ca or on the Amazon app, eligible RBC and Scotiabank credit cardholders will now have the option to select Installments enabled by Visa as their method of payment for qualifying purchases."

Tags: Amazon Visa

Companies Global

Cashing in On Credit: How Amazon Pay is Gearing Up for Growth in India

Your Story

"Despite Amazon Pay UPI’s considerable progress, the UPI landscape remains dominated by Google Pay and Walmart-backed PhonePe. Amazon Pay is now doubling down on what helped it initially grow in India—credit."

Tags: Amazon

Companies

Visa Joins the Amazon Partner Network As Fintechs Turn to the Cloud for Payments Acceptance

Digital Transactions

"Visa Inc. said early Thursday it has joined a network of service providers maintained by Amazon.com Inc. The e-commerce giant’s AWS Partner Network will enable Visa to reach new clients for its payment services, particularly fintechs and independent software vendors (ISVs) accustomed to operating through cloud computing, Visa said."

Tags: Amazon Visa

Companies

Amazon Removing ‘Just Walk Out"

Chain Store Age

"In an email to Chain Store Age, Amazon spokesperson Jessica Martin confirmed multiple media reports that as part of a broader effort to redesign its Amazon Fresh high-tech grocery banner, the company will remove its “ Just Walk Out ” frictionless, cashierless shopping technology from Amazon Fresh stores."

Tags: Amazon

Companies

Amazon One Launches New App to Scan Your Palm for Checkout

TechCrunch

"Amazon announced the launch of its new app for Amazon One, its contactless palm recognition service that allows customers to hover their palm over a device in order to purchase from select places, including more than 500 Whole Foods Market stores, Amazon stores and more than 150 third-party locations."

Tags: Amazon

Companies

Amazon Supports ‘Just Walk Out’ in Australia, Canada With Stripe

Chain Store Age

"Amazon is using technology from financial infrastructure platform Stripe to process cashierless payments in two countries. Amazon is now integrating Stripe into Just Walk Out for retailers in Australia and Canada."

Tags: Amazon Stripe

Companies Global

Amazon Pay Secures Payment Aggregator Licence From RBI

The Economic Times

"A payment aggregator licence by the RBI will enable Amazon to increase its merchant payments business, a major opportunity for the ecommerce giant given its large online shopping business in India."

Tags: Amazon

Companies

Amazon Alexa Subscription Model Could Be Delayed

MediaPost

"Amazon plans to launch a subscription model for its voice assistant Alexa later this year, but testing issues may push back the release date."

Tags: Amazon

Companies

Amazon’s Just Walk Out Technology Rolls Out to Hospitals, With ‘Badge Pay’ for Doctors, Nurses, and Health Care Staff

Amazon

"Badge pay is the latest Just Walk Out technology innovation that removes friction for retailers while providing convenience for customers."

Tags: Amazon

Companies

Amazon Ends Acceptance of Venmo as Payment Method

OPP.Today

"In a recent announcement, Amazon revealed that as of January 10, 2024, Venmo will no longer be accepted as a payment method."

Tags: Amazon

Companies

Affirm Ventures into B2B BNPL with Amazon Business

Tearsheet

"Amazon and Affirm have joined forces to offer BNPL solutions to sole proprietors or exclusive owners of small businesses who make purchases on Amazon Business."

Tags: Amazon

Companies

Amazon Extends Buy Now, Pay Later to Business Customers

Chain Store Age

"Amazon is expanding an existing partnership with financial products and services company Affirm to make Affirm the first pay-over-time payment option for its Amazon Business business-to-business (B2B) online storefront."

Tags: Amazon

Companies

Amazon’s New Just Walk Out Cashierless Checkout System Uses RFID Tags to Track Apparel Purchases

TechCrunch

"Amazon today introduced a new version of its Just Walk Out retail technology that allows customers to skip the cashier lines when they make a purchase by having their payment card automatically charged."

Tags: Amazon

Companies

AWS Banks Expanded Collaboration with NatWest Group

ERP Today

"Natwest Group has expanded its ongoing collaboration with AWS to accelerate the use of AI, including AWS’s generative AI solutions, to rapidly pursue the bank’s goal of helping ten million people manage their financial well-being per year by the end of 2027...NatWest Group has developed AI models with AWS to help the bank detect if customers might be in the process of being scammed."

Tags: Amazon NatWest

Companies

Crunch Fitness Becomes First Gym to Enable Amazon One Palm-Based Entry For Its Members

PR Newswire

"Today, Crunch Fitness announced that it is the first fitness brand to introduce the Amazon One palm recognition service as an entry option for its members at select Crunch locations nationwide."

Tags: Amazon

Companies

Amazon Announces App Integration for Merchants to Enable Buy with Prime on Shopify Stores

Business Wire

"Today, Amazon announced the Buy with Prime app for Shopify, a new app integration that makes it easy for merchants to offer Buy with Prime on Shopify stores. The Buy with Prime app for Shopify gives Prime members the option to select Buy with Prime on a product’s detail page before completing their order within Shopify’s Checkout."

Tags: Amazon Shopify

Companies

Amazon Expands Flex Payment Options for Amazon Pay

Chain Store Age

"Amazon is giving a wider range of credit card holders access to use flex payments with Amazon Pay."

Tags: Amazon

Companies

Amazon Joins Forces With Ripple, Embracing XRP For Swift Global Payments

TronWeekly

"In a groundbreaking move, Amazon, the world-renowned e-commerce titan, has announced a strategic partnership with Ripple, a pioneering cryptocurrency company. This collaboration aims to bring Ripple’s XRP token into the heart of Amazon’s payment operations, potentially reshaping the landscape of global online commerce."

Tags: Amazon

Companies

Amazon Wants You to Pay With Your Palm. It’s a Sneak Attack on Apple and Google

WSJ

"It’s also a potentially massive play to make Amazon the central ID system for your whole life—from banking and loyalty programs to tickets, age verification and someday even health records and corporate ID cards, (Subscription Required)"

Tags: Amazon

Companies

Amazon Is Accused Of Enrolling Consumers Into Prime Without Consent And Making It Hard To Cancel

Barchart.com

"Amazon was sued Wednesday by the Federal Trade Commission for allegedly engaging in a yearslong effort to enroll consumers without consent into Amazon Prime and making it difficult for them to cancel their subscriptions."

Tags: Amazon

Companies

Amazon Pay Adds Affirm, Providing Customers and Merchants with Another Flexible Payment Option

Yahoo Finance

"Amazon and Affirm, announced today that eligible U.S. merchants offering Amazon Pay can now seamlessly add Affirm’s Adaptive Checkout™ as a payment option at checkout. This brings Affirm’s pay-over-time technology, used by millions of customers on Amazon.com and the Amazon mobile app, to Amazon Pay’s simple and secure payment solution."

Tags: Affirm Amazon

Companies

Amazon One Rolls Out Age Verification, So Now You Can Buy Beer and Alcohol with Just Your Palm

US About Amazon

"We launched Amazon One, our palm-based identity service, to remove friction from everyday activities and create a faster and more convenient way for people to pay or enter a location. Customers love the convenience of paying with their palm; however, when it comes to purchasing alcohol, friction is reintroduced as customers must produce a government-issued ID for age verification."

Tags: Amazon

Companies

Amazon and Panera Team Up to Help You Pay for Orders and Access Rewards with Just the Palm of your Hand

US About Amazon

"One in five Americans visit a Panera bakery-cafe every quarter—that’s over 66 million Americans dining in or taking away at more than 2,100 Panera locations across the country. Amazon One, our palm recognition service that lets customers enter, identify, and pay, will for the first time provide the additional capability of linking MyPanera loyalty memberships to customers’ Amazon One profiles. Panera is the first restaurant chain to offer Amazon One’s new loyalty linking capability, allowing guests to take full advantage of their MyPanera loyalty program, as well as pay for their purchases with just their palm."

Tags: Amazon

Companies Global

EU Studying Whether Big Tech Should Pay Network Costs -EU Document

Reuters

The European Union (EU) will consult the technology and telecoms sectors on whether tech giants like Alphabet Inc's Google, Meta, and Amazon.com Inc  should subsidize network costs, according to a Commission document seen by Reuters on Tuesday.

Tags: Amazon European Union Google Meta

Companies

Stripe Signs Deal to Process More of Amazon’s Payments

The Irish Times

Irish-founded payments technology company Stripe has signed an expanded deal with Amazon that will see the fintech process more of the online retailer’s payments. The new agreement will see Stripe become a strategic payments partner for Amazon in the US, Europe and Canada, processing payments for Prime, Audible, Kindle, Amazon Pay, Buy With Prime and other Amazon services. That accounts for a significant part of Amazon’s total payments volume.

Tags: Amazon Stripe

Companies

Amazon to Widely Launch 'Buy with Prime', Says Offering Improved Merchant Sales

TechCrunch

"Amazon.com Inc will widely roll out a feature by end-January that allows online merchants outside its platform to use the e-commerce giant's payment and delivery services, as it takes on rising competition from Canada's Shopify Inc. 'Buy With Prime', which was launched as an invite-only offering in April, will be widely available to U.S.-based merchants by Jan. 31, the company said. It added that the product has increased shopper conversion rate by an average of 25%, meaning that many more people placed an order when 'Buy with Prime' was available versus when it was not."

Tags: Amazon