amazon mobile payments Archives

Tech giants’ next huge battleground is Indian mobile payments market

03/05/202103/04/2021 Jennifer Goula

Google, Amazon, Facebook, Visa, Mastercard and others are clawing for the top spot in the country. The Indian mobile payments and digital transactions market is expected to reach $1 trillion in 2023, and there is no way that American technology giants and credit card companies want to miss out on the opportunity it presents. These companies have been scrambling to obtain the necessary licences to take leadership positions. Tech companies Google, Amazon.com Inc., and Facebook Inc. as well as credit card companies Visa Inc. and Mastercard Inc. are only a…

Amazon One places mobile payments in the palm of your hand

10/02/202010/01/2020 John Montgallo

The e-commerce giant has launched the new system at two of its Amazon Go stores for faster checkout. Amazon One is launching at two Amazon Go stores to help make the checkout process quicker and easier for consumers there. The palm payment technology was developed to simplify the shopping experience as a whole. The online marketplace giant is seeking to provide consumers with an enhanced retail experience. Though the initial Amazon One rollout is exclusively at the company’s own stores, the intention is to roll it out further at some…

New Amazon payment system will use shoppers’ hands as IDs

01/02/202012/31/2019 Stephanie Beck

The online marketplace giant is taking more steps toward a unique biometric development. A new Amazon payment system is in development and could one day be used to ID customers based on their hands. This security feature is meant to help verify an individual’s identity without having to touch the person. Unlike fingerprint scans that are commonly used to unlock secured smartphones, no contact is needed. The Amazon payment system is one of the latest steps made by the online retail giant’s engineers. The technology’s development was made public through…

Amazon mobile payments system to roll out in Mexico

03/12/201903/10/2019 L. Green

The new mobile payments system will allow Amazon customers to pay via QR code. The e-Commerce giant is working with Mexico’s government-backed central bank on an Amazon mobile payments system. The system will reportedly enable customers to pay for goods using their smartphone to scan a quick response (QR) code. The new payments program is called CoDi. The Amazon mobile payments system is known as CoDi and it will be the first time that Amazon has offered this type of scanning tech in Mexico. The hope is that by introducing…

Amazon puts an end to its own mobile payments project

01/28/201501/27/2015 Stephen Vagus

Amazon Wallet has been cancelled due to poor reviews and performance Amazon has put an end to testing its own mobile payments service, which was called Amazon Wallet. The company had seen promise in the mobile commerce space and had wanted to offer its own payment platform in order to compete with others that had done the same. Unfortunately, Amazon Wallet received relatively poor reviews among its test audience, leading Amazon to put an end to the project and focus its attention elsewhere. Wallet aimed to store loyalty information for…