Payments News

On The Web

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Companies

Amazon Launches Its First Cashierless Store in Britain

“Amazon launched its first checkout-free store in Britain Thursday. Called Amazon Fresh, the store is located in Ealing, London, and will let customers walk in, pick up what they want and walk out again without having to pay at a cash register.   The items appear on a virtual receipt linked to customers’ Amazon accounts […]
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Companies

Amazon Preparing to Launch a ‘Digital Currency’ Project in Mexico – CoinDesk

“Amazon’s grip on the internet economy appears to be coming for currency next, with the e-commerce giant preparing to launch a “digital currency” project in Mexico. The yet-to-be-announced project, which Amazon sketched out across a series of recent job posts , appears to be an effort to keep lucrative Prime customers eternally plugged into Amazon’s […]
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Companies

Amazon launches a program to pay consumers for their data on non-Amazon purchases

“Amazon has launched a new program that directly pays consumers for information about what they’re purchasing outside of Amazon.com and for responding to short surveys. The program, Amazon Shopper Panel , asks users to send in 10 receipts per month for any purchases made at non-Amazon retailers, including grocery stores, department stores, drug stores and […]
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Companies

Amazon Launches Credit Card Bill Payments Feature

“E-commerce giant Amazon India has launched a new feature where customers can make their credit card bill payments through Amazon Pay. With the new feature, Amazon will join the likes of Paytm, PhonePe and others which offer credit card bill payment option on their app.”
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On The Wires

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Companies

Mastercard Powers Faster, Seamless Online Shopping Experiences for Amazon Customers

“Today, Mastercard announced that Amazon customers in 12 countries across North America, Latin America, Middle East and Europe will have their stored card credentials tokenized. By replacing a consumer’s physical card number with a token, payment information is unique to each individual transaction and can be used only by the merchant that requested it. Amazon […]