Payments News

On The Web

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Companies

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

October 21 2020

“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

October 5 2020

“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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Companies

Amazon Unveils Small Business Credit Line With Goldman in Latest Tie-up Between Tech and Wall Street

June 10 2020

“Amazon is introducing a new digital credit line for U.S.-based merchants with partner bank Goldman Sachs , CNBC has learned exclusively. Small business owners who sell items on the e-commerce giant’s platform will soon be receiving targeted invitations from Goldman’s Marcus brand for credit lines of up to $1 million, according to people with knowledge […]
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Companies

Amazon in Talks to Buy $2 Billion Stake in Indian Telco Bharti Airtel

June 5 2020

“Amazon.com is in early-stage talks to buy a stake worth at least $2 billion in Indian mobile operator Bharti Airtel, three people with knowledge of the discussions told Reuters, in a move that could turbocharge India’s digital economy. The planned investment, if completed, would mean Amazon acquiring a roughly 5% stake based on the current […]
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On The Wires

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Companies

Mastercard Powers Faster, Seamless Online Shopping Experiences for Amazon Customers

June 17 2020

“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 […]
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Companies

Cardtronics Allpoint+ ATMs Now Enabling Customers to Add Cash to Their Amazon Balance With Amazon Cash

February 18 2020

“Cardtronics , the world’s largest ATM operator, today announced that Amazon customers can now complete Amazon Cash transactions at more than 400 cash-accepting Cardtronics ATMs in the U.S. The ATMs, part of the Allpoint+ Network of surcharge-free deposit-taking ATMs for Allpoint members, operate card-free, allowing Amazon customers to add cash to their Amazon Balance to […]
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