Wednesday, 9 October 2013

Amazon Paypal competition in the online payment

The giant e-commerce offers its payment system to other online auction sites online, using the contact Amazon customer accounts.

Amazon launched the "login and pay" service allowing customers to pay online purchases on third-party e-commerce sites in the United States.
With over 215 million customers with an Amazon account where their bank details are recorded, the giant e-commerce offers at the end of the order on third party sites, appears an "Amazon" button allows the customer to pay for purchases online.
This service is a (big) stone in the garden of PayPal, owned by U.S. rival eBay, which facilitates the payment of online shopping.
Amazon says that its service is compatible with mobile devices (smartphone and tablet). It uses an authentication protocol based online standardized OAuh 2.0 specifications.
Amazon provides third-party websites, software tools needed to integrate this interface online payment platform in their e-commerce. Remains whether the major U.S. commercial sites will this effort.

Other U.S. Web giants also try a foray into the online payment. Facebook began testing in August 2013, a system that allows its members to pay for purchases from their mobile device.

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