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Amazon Pay is #9 in Top 10 Online Payment platforms
Millions of Amazon customers can login and pay on your website with their stored account information on Amazon.com. Login and Pay with Amazon can help you add new customers, increase sales and turn casual browsers into buyers. It’s fast, easy and trusted — leverage the Amazon brand to grow your business.
Positions in ratings
#9 in Top 10 Online Payment platforms
#8 in Top 14 Payment Processing platforms
Alternatives
The best alternatives to Amazon Pay are: PayPal, Google Pay, Paytm, Stripe, Apple Pay
Latest news about Amazon Pay
2014. Amazon launches mobile card reader to compete with PayPal and Square
Amazon has made its entry into the mobile payments market with the introduction of Local Register, a card reader and mobile app designed for small businesses. This new offering directly competes with established players such as Square and PayPal in the rapidly expanding payment transactions market. To get started with Local Register, users are required to register, purchase a $10 card reader, and download the free app, which is accessible through Amazon, Apple, or Google platforms. Upon registration, users will receive a reimbursement of the first $10 in transaction fees, effectively covering the initial reader cost. Amazon is currently launching the product with a limited-time offer to incentivize businesses to join. Companies that sign up before October 31 will be charged a swipe fee of 1.75% until January 1, 2016, which is lower than the 2.75% charged by Square and the 2.7% charged by PayPal's card reader program. Amazon's standard rate for Local Register transactions will be set at 2.5%.
