Amazon Offers Online Payment Service For E-Commerce Sites - InformationWeek
IoT
IoT
Government // Enterprise Architecture
News
7/30/2008
04:48 PM
Connect Directly
Google+
LinkedIn
Twitter
RSS
E-Mail
50%
50%
RELATED EVENTS
Data: To Trust or to Not Trust the Data, That is The Question!
Jul 11, 2017
Join us as the author of the book "Everydata: The Misinformation Hidden in the Little Data You Con ...Read More>>

Amazon Offers Online Payment Service For E-Commerce Sites

Checkout By Amazon and Amazon Simple Pay will compete with PayPal and Google Checkout for a piece of the online payments pie.

Amazon's cloud computing infrastructure now includes a turnkey e-commerce payment system.

The online retail site on Tuesday announced the availability of Checkout By Amazon and Amazon Simple Pay. The two services are designed to help Web sites sell items online with the same low-friction experience offered by Amazon on its own site.

Checkout By Amazon lets Web site visitors sign in to Web sites using an Amazon Account login and buy items using the familiar Amazon One-Click button. The service encompasses payment, promotion, shipping and sales tax calculation, and order management.

Amazon Simple Pay is designed for merchants who don't need sophisticated checkout and order management capabilities, but who still want to incorporate Amazon's customer login system to sell items and collect donations.

Amazon also offers the Amazon Flexible Payment Service, a developer-oriented money-transfer application programming interface that Amazon opened to public testing in August 2007, and Amazon Dev Pay, a billing and account management service designed to make it easy to pay developers for work done on Amazon Web Services applications.

Checkout By Amazon competes with eBay's PayPal and Google Checkout. For transactions of $10 or more, the Amazon service costs 2.9% plus 30 cents per transaction; transactions less than $10 cost 5% plus 5 cents per transaction.

Google Checkout costs 2% plus 20 cents per transaction. And for Google Checkout customers who also use AdWords, every $1 spent on AdWords exempts from fees $10 in processed sales during the following month.

PayPal charges on a sliding scale, starting at 2.9% plus 30 cents per transaction for monthly sales up to $3,000. Merchants generating more than $100,000 in monthly sales are charged 1.9% plus 30 cents per transaction.

One difficulty Amazon may face is turning competing online retailers into payment services customers. Then again, given the extent to which Google has become a competitor with its publishing partners through services like Knol, it may be that online companies have resigned themselves to dealing with "frienemies," as some have taken to calling entities that are both friend and foe.

In a related move, Amazon on Wednesday announced the availability of a new set of Web-based tools designed to make its Mechanical Turk service more accessible to nonprogrammers.

Part of Amazon Web Services, Mechanical Turk allows businesses and individuals to post paid online tasks for their ad hoc workforce. Examples of such human intelligence tasks include tagging images, refining search results, collecting or extracting data, and classification of sites, images, and products.

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
How Enterprises Are Attacking the IT Security Enterprise
How Enterprises Are Attacking the IT Security Enterprise
To learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Register for InformationWeek Newsletters
White Papers
Current Issue
IT Strategies to Conquer the Cloud
Chances are your organization is adopting cloud computing in one way or another -- or in multiple ways. Understanding the skills you need and how cloud affects IT operations and networking will help you adapt.
Video
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Flash Poll