Friday, April 1, 2016

Amazon Payments

I found this little article over on Bloomberg to be funny and a bit interesting too.

Why would small businesses accept Amazon Pay?

Read on:

http://www.bloomberg.com/news/articles/2016-04-01/amazon-payments-persuades-small-retailers-to-work-with-the-devil

Here is a snippet from the piece:

Amazon.com Inc.'s relaunch of its online payments business in 2013 was greeted with skepticism. PayPal Holdings Inc. had a huge head start and credit card companies like Visa Inc. already had products that made buying something on the Web as easy as swiping a card.

It seemed doubtful digital shop owners would want to team up with Amazon and share valuable information about their best-selling products and prices. And yet: "There's a market for selling your soul to the devil," said Gil Luria, a Wedbush Securities analyst.

Happy Reading,

J.W. Gant

No comments:

Post a Comment