Amazon
"Business Prime customers have access to exclusive benefits with Intuit QuickBooks, CrowdStrike, and Gusto to support their financial management, cybersecurity, and Human Resources needs. Expanded benefits can help SMBs save nearly $1,000 per year, streamline operations, and simplify business buying. Savings build on Business Prime’s value, joining member benefits like fast, free shipping, Spend Visibility, Guided Buying, and flexible payment options."
Gadgets360
"Amazon Pay will now allow users to make UPI payments and send money to other users with biometric authentication in India, the company announced. This means that the app will no longer require users to enter their UPI PIN to complete transactions. The US-based tech giant claims that the new feature will enhance security, thanks to fingerprint and facial verification."
Amazon Web Services
"The payments industry stands at a transformative inflection point. Traditional payment systems built on rigid rules, manual processes, and legacy infrastructure find it difficult to navigate the evolving landscape of modern commerce. Agentic payments leverage AI to create autonomous, intelligent payment systems capable of learning, adapting, and deciding in real-time across the entire cards and payments value chain. This blog post explores: Key use-cases for agentic payments, focusing on common challenges where intelligent agents outperform traditional rule-based systems and manual decision processes and more."
Engadget
"Amazon is rolling out a new price tracking feature. Tell it the product you want and how much you’re willing to pay for it. As soon as the item goes on sale for below that price, Alexa+ will automatically order it for you using your default payment method and delivery address. Another feature that Alexa+ users can start trying is a Shopping Essentials tool on Echo Show 15 and 21. You'll be able to see real-time tracking for your orders, your recent orders, household essentials that it may be time to reorder, saved items and your shopping list."
Amazon
"Visa and Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. announced a collaboration designed to empower developers and enterprises building towards agentic commerce. Visa will list the Visa Intelligence Commerce platform in AWS Marketplace, helping businesses and developers to connect seamlessly to a growing ecosystem of agentic commerce providers for next-generation reliable and secure payment experiences. AWS and Visa will also publish blueprints on the public Amazon Bedrock AgentCore repository designed for multi-network agentic retail shopping, travel booking, and payment reconciliation, enabling developers to create and connect complex workflows."
TechAfrica News
"UnionPay International and Amazon Payment Services have announced a strategic collaboration in the Middle East and North Africa (MENA) region, across countries including UAE, Saudi Arabia, Qatar, Bahrain, Kuwait, Egypt, Jordan, and Lebanon. The agreement empowers merchants in the Amazon Payment Services network to accept UnionPay cards. Once the integration is complete, UnionPay cardholders will be able to access Amazon Payment Services’ merchants. In turn, Amazon Payment Services merchants will be able to tap into UnionPay’s vast global customer base across more than 80 countries and regions."
About Amazon
"Lens Live instantly scans products and shows real-time matches in a swipeable carousel to make finding the right item easier. Lens Live integrates Amazon’s AI shopping assistant, Rufus, to offer product insights, summaries, and answer questions as you browse. It is now available for customers in the Amazon Shopping app on iOS and Android."
US Press Center
"At Amazon Business’ Reshape conference, Amazon announced a number of new AI-powered solutions including the Amazon Business Assistant to help organizations discover savings, automate routine tasks, and make spending easier and more efficient. These innovations, all powered by Amazon Bedrock, AWS’s fully managed service for building and scaling generative artificial intelligence (AI) applications, represent the next step in Amazon Business’ smart business buying journey."
CNBC
"Perplexity AI accused Amazon of “bullying” on Tuesday after it received a letter from the e-commerce giant demanding it prevent people from using its artificial intelligence browser Comet to make purchases on their behalf. Perplexity said it received “an aggressive legal threat” from Amazon “demanding” that it put a stop to that practice. Amazon has already taken steps in recent months to prevent external AI agents from crawling its website, including those developed by OpenAI, Google and Meta"
Amazon
"Amazon announced a new shopping feature called Help Me Decide, which picks the best product for you with just one tap. Help Me Decide uses AI to analyze your browsing history and preferences to recommend the right product for you with just one tap. Shopping Guides simplify research by bringing together expert guidance and product recommendations for hundreds of product types..."
Deccan Chronicle
"Amazon Pay unveiled a transformed payment interface that unifies all payment modes in one place - UPI, credit/debit cards, Amazon Pay Balance, and Amazon Pay Later. New features include personalized rewards that maximize value on every transaction, and a unified dashboard to manage all bills and subscriptions together with reminders and auto-pay options."
News.az
"Amazon announced Thursday that it has finalized its acquisition of Bengaluru-based non-bank lender Axio for an undisclosed sum. The deal provides Amazon with a direct lending license in India, expanding its financial services footprint in the country, News.Az reports, citing Reuters. The deal will help Amazon expand its fintech operations in India, where it has secured approvals to issue payment wallets and sell insurance policies on its online marketplace."
The Times of India
"Amazon Pay has introduced a personalisation feature for its digital Gift Cards in India. This new feature will allow customers to use their photos and artwork. With this update, Amazon aims to make digital gifting more meaningful and personal for various occasions. The company has also improved its physical gifting options with new packaging formats such as envelopes, premium boxes, and designer greeting cards."
Tech in Asia
"Amazon has invested in Cambridge Terahertz, a California-based startup, through its US$1 billion Industrial Innovation Fund. The startup specializes in 3D imaging technology that scans unopened packages to detect fraud and verify contents. Retailers lost US$103 billion in fraudulent returns in 2022, and the startup’s tech helps verify package contents without opening them."
Crypto Briefing
"Top American retailers and travel companies, including Amazon, Walmart, and Expedia, are weighing the launch of their own stablecoins to reduce payment processing costs, The Wall Street Journal reported Friday, citing people with knowledge of the effort. The potential shift could help merchants save billions of dollars in fees tied to card payments, including interchange fees."
The Times of India
"Amazon has invested Rs 350 crore into Amazon Pay India to strengthen its position in the digital payments market, despite its UPI ranking slipping to eighth place. This investment follows previous capital infusions and comes as Flipkart's Super.money explores new funding."
MSN
"Although you can get your hands on almost everything at Amazon, a new feature could see the retailer broadening its horizons even further. Currently being trialled in the US, the ‘buy for me’ button allows customers to browse and purchase items from across the internet – even those Amazon doesn’t sell. When searching for certain products, shoppers will be shown listings from other sites, with the option to buy the latter directly through Amazon."
The Economic Times
"Amazon has recognised BRISKPE as a Payment Service Provider (PSP) and authorised it to provide cross-border payments on its marketplace. BRISKPE, backed by global investment firm Prosus, has rolled out the 'Launchpad', a new initiative aimed at transforming how Indian sellers expand globally, the payment service provider said in a statement on Friday."
MediaPost
"Amazon has entered an era of automation that lets its systems find and then make a purchase for consumers through agentic AI platforms. The Buy for Me experience integrates into Amazon's shopping experience so customers can find products not available across the marketplace. The feature uses agentic AI capabilities. Amazon makes the purchase by securely providing the customer’s encrypted name, address, and payment details to complete the checkout process on the brand’s website."
MSN
"Amazon has introduced a Rs 49 processing fee for customers who use Instant Bank Discounts (IBD) of Rs 500 or more, effectively reducing the savings consumers receive through banking partnerships. The fee, which took effect yesterday, applies to all customers including Prime members and is non-refundable even if orders are canceled or returned."
Tech In Asia
"Rolling out a new offering is something Amazon is mulling in India. The ecommerce giant may launch a standalone payments app in the country. This move could better position it to challenge Google Pay and PhonePe, which have a combined market share of 85%."
Biometric Update
"Amazon is one of the major companies to introduce palm biometric payment and the e-commerce giant is now expanding the system to healthcare. The technology is anticipated to reduce the time patients spend at front desks, currently two to three minutes, down to less than a minute, which adds up to significant time savings for the more-than 10 million patients who visit annually."
Tech In Asia
"Amazon has reached an agreement to acquire the Indian buy-now, pay-later company Axio as part of its expansion into financial services in India. Finalized in December 2024, the deal awaits approval from the Reserve Bank of India."
Amazon
"Amazon Web Services, Inc. and Grab, Southeast Asia’s leading superapp announced that Grab has selected AWS as its preferred cloud provider. With AWS, Grab is pursuing a technology-led strategy to accelerate growth across its mobility, deliveries, and financial services verticals, including its new digibanks, while continuing to improve its operational efficiencies and reduce IT infrastructure costs."
Intuit Inc.
"Intuit Inc. and Amazon announced a multi-year strategic partnership to empower millions of Amazon sellers to manage their finances, stay compliant, access capital, and grow their business."
Chain Store Age
"Customers in select U.S. states and Washington, D.C. can now purchase a wide range of products and services beyond food with federal benefits payment. An Amazon spokesperson said the e-tail giant is now accepting federal Cash EBT benefits as a payment option on its website in 17 states and Washington, D.C."
Amazon Press Center
"Amazon announced that Prime members can now save $0.10 per gallon at approximately 7,000 bp, Amoco, and ampm gas stations across the U.S. Additionally, Prime members can expect more savings —in 2025, Amazon plans to add an electric vehicle charging offers with bp pulse, bp’s electric vehicle charging business, with details to be revealed next year."
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."
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."
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."