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The Payments Services That Few People Know Amazon Provides

Here are several payments services that Amazon already offers, and plans on launching later this year.

Everyone knows that Amazon sells pretty much everything. But not everyone is aware that the site has already been offering certain payment services.

Last year the company launched its Amazon Login and Pay option for online merchants.

According to Small Business Trends, the idea was to let customers sign in and pay at other eCommerce websites using their Amazon accounts. The service allows payments on any device and allows you to add payment options like pre-orders, split-orders and in-store pick-up.

The site also offers a peer-to-peer money transfer service called Amazon Payments. This allows users to send or receive money online similar to a service also provided by PayPal.

Earlier this year, there were reports stating that Amazon plans to offer small brick and mortar retailers a checkout system built on Amazon’s Kindle. It’s a possibility that the company may launch the program some time during the summer.

Re/Code is also reporting that Amazon is looking into creating a payment option that would allow customers to handle offline transactions by phone. This would allow user to pay for parking or for a meal at a restaurant.

 

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