Amazon is extending its checkout payment system to fellow e-tailers a la Google Checkout, while launching another payment service similar to PayPal.Checkout by Amazon enables e-commerce sites to offer Amazon's familiar checkout solution, tapping into the information already stored so their customers don't have to key in their personal information. E-tailers also gain access to Amazon's one-click ordering system and tools to easily calculate sales tax and shipping costs, and their customers can track the shipment of their purchases. Service pricing, detailed here, is based on a percentage of the sale plus a flat-fee per transaction.
For Web sites desiring a more barebones solution, Amazon Simple Pay allows customers to use their Amazon account information to pay for purchases. Like PayPal, it can be a standalone solution or used in addition to a site's existing payment system. Pricing is identical to Checkout by Amazon.The New York Times, CNET
5 Top Federal Initiatives For 2015As InformationWeek Government readers were busy firming up their fiscal year 2015 budgets, we asked them to rate more than 30 IT initiatives in terms of importance and current leadership focus. No surprise, among more than 30 options, security is No. 1. After that, things get less predictable.
Top IT Trends to Watch in Financial ServicesIT pros at banks, investment houses, insurance companies, and other financial services organizations are focused on a range of issues, from peer-to-peer lending to cybersecurity to performance, agility, and compliance. It all matters.
Join us for a roundup of the top stories on InformationWeek.com for the week of September 18, 2016. We'll be talking with the InformationWeek.com editors and correspondents who brought you the top stories of the week to get the "story behind the story."