{"id":592,"date":"2013-10-10T09:43:29","date_gmt":"2013-10-10T13:43:29","guid":{"rendered":"http:\/\/www.nationaltransaction.com\/credit-card-merchant\/?p=592"},"modified":"2013-10-10T09:43:29","modified_gmt":"2013-10-10T13:43:29","slug":"amazon-launches-payments-for-other-e-commerce-sites","status":"publish","type":"post","link":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/amazon-launches-payments-for-other-e-commerce-sites\/","title":{"rendered":"Amazon launches payments for other e-commerce sites"},"content":{"rendered":"
\"Amazon<\/a>

Credit: Flickr<\/a><\/p><\/div>\n

Amazon has launched a service that enables its customers to pay on other\u00a0e-commerce sites via their Amazon account data.\u00a0Called \u2018Login and Pay with Amazon,\u2019 the service sells payment processing for participating retailers.<\/p>\n

Amazon has more than 215 million active customer accounts. The Amazon payment service works on personal computers, smartphones and tablets. Site developers employ Amazon widgets and APIs, or application programming interfaces.<\/p>\n

Login and Pay with Amazon enables companies to make millions of customers by inviting online shoppers with Amazon credentials to access their account information safely and securely with a single login.\u00a0Login and Pay with Amazon helps replace guest checkouts with recognized customers, leading to improved services which could include: managing and tracking orders, purchase history detail, special discounts, instant access to shipping addresses and payment methods.<\/p>\n

Amazon previously called its payment service Checkout by Amazon, but rebranded it Amazon Payments. In May, Internet Retailer wrote about Autoplicity.com’s experiences adding the Amazon payment tool.<\/p>\n

Amazon says it will not share customers\u2019 credit card information gained via the payment tool, and that it will cover purchases made through the service in the same way purchases are covered from Amazon.com.<\/p>\n

\u201cThis [newly launched] service is more of a repackaging of Checkout by Amazon than as something new,\u201d says a payments industry analyst. \u201cAmazon has been a challenger to PayPal for some time in the Internet payments arena, but PayPal has the dominant market share. One key reason is that PayPal is not viewed as a direct competitor to the merchants it serves while Amazon often is.\u201d<\/p>\n

PayPal, part of eBay, is the clear leader in so-called alternative payments, used by 84% of consumers who pay online with alternatives to payment cards, according to a report earlier this year from Javelin Strategy & Research. The report, based on a 2012 survey, also showed that 42% of consumers pay with credit cards when making online retail and travel purchases, up from 40% in the 2011 survey, and 29% pay with debit cards, down from 30%.<\/p>\n

The new Amazon service is a \u201cgreat deal\u201d more than a warmed-over Checkout.<\/p>\n

He points out that the number of Amazon\u2019s active accounts is much more than the active users of all eBay\u2019s payment services. Including consumers with PayPal or Bill Me Later accounts, that base totaled 132.4 million in the second quarter, up nearly 17% from 113.2 million a year earlier, according to eBay. \u00a0And Amazon\u2019s customers trust the security of making payments through the e-retailer, and have grown accustomed to the convenience of doing so. Amazon is No. 1 in the Internet Retailer.<\/p>\n

For e-retailers, it\u2019s yet another payment method they might want to evaluate. \u201cAmazon is a damn big brand. If you bring that many users along with [the payment service], then e-retailers will give it serious consideration. It will give PayPal some competition.<\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Amazon has launched a service that enables its customers to pay on other\u00a0e-commerce sites via their Amazon account data.\u00a0Called \u2018Login<\/p>\n

Continue Reading<\/a><\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[264,50,31,150,41],"tags":[42,443,435,434,279,14,437,15,7,445,350,442,305,438,440,433,441,36,439,436,444],"class_list":["post-592","post","type-post","status-publish","format-standard","hentry","category-e-commerce-m-commerce","category-electronic-payments-2","category-mobile-payments","category-mobile-point-of-sale-2","category-smartphone-2","tag-amazon","tag-amazon-com","tag-api","tag-application-programming-interface","tag-checkout","tag-credit-cards","tag-customers","tag-debit-cards","tag-e-commerce","tag-e-retailer","tag-ebay","tag-internet-retailer","tag-online","tag-orders","tag-payment-methods","tag-payment-processing","tag-payment-service","tag-paypal","tag-purchase","tag-shoppers","tag-travel-purchases"],"_links":{"self":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/592","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/comments?post=592"}],"version-history":[{"count":2,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/592\/revisions"}],"predecessor-version":[{"id":604,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/592\/revisions\/604"}],"wp:attachment":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/media?parent=592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/categories?post=592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/tags?post=592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}