Amazon making expansion towards latest online payment modes

Amazon.com Inc is not a new name for all of us who prefer shopping online. Quick deliver, excellent service and lots of other features are found as the mark of this online shopping store. Services provided by Amazon on the whole have been rated the best by users on the whole. The company has been successful in making better decisions every time, and has been successful to bring out their plans to reality. It has always tried its best to provide the best service to its users.

The latest news circling around Amazon is related to the new payment modes it has tried out recently. The service of PayPal in Amazon is the updated news related to this e-commerce giant. With the help of this service, the genuine and dedicated users of Amazon finds it easier for paying bills with the help of PayPal service.

Users of Amazon can thus make use of payment services like paying a month’s phone bill or a subscription for digital music simply by the using their credit card details. A small fee will be charged by this e-commerce giant for your transaction. Compared to the service provided by the company on the whole, such a charge is not to be considered at all.

It can be seen that EBay Inc has been making use of PayPal transaction mode long before itself. Now Amazon has decided to move on further in search of better services for its users. With the arrival of the new service, Amazon will take up the role of a middleman for any kind of third party sellers that will be around 40 percent of the sales and will extend its influence above its website.

This is a major step that the company is making this year. Amazon will be expanding its role in the mobile payments soon and it is expected that the Smartphone users from all round the world would be in love with this payment key.

According to the Vice President of Amazon, this service should be looked upon as a step Amazon has made to help its users get the best. According to the product manager of Amazon Justen Burdette, those users who made use of Amazon for recurring payments had to spend almost 30 percent more on Ting’s website.

The reason why Amazon has been standing back in payments is due to the lack of consent of the many merchants in providing the customer data to the company. But as per Taylor, Amazon will be collecting only the details regarding the dollar amount of every transaction and they will not be collecting any information regarding item-level.

According to Taylor, this very service would allow the users of Amazon to give their credit card details to budding companies and also make an attempt to try them out. If they are willing to hand out such details to such companies, it is only due to the trust they have ensured in Amazon.

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About Seema Shyam Stelzer

If you ask me whether writing is my passion, then I will fail to answer this question. Never in my life did I think that one day I will become a writer by profession. Yes, I did participate for writing competitions during my college days, and yes I did win a few too. But I did not plan to become a professional writer. It is true that whatever you receive is planned by the Almighty beforehand. And I believe Almighty had his own plans in turning my life towards a field I was totally unaware of. I came to the world of creative and content writing by chance. There was a period in my life when I felt I had something important waiting for me, when I quit my job for the sake of my family. As a mother of two, I had certain responsibilities towards my family and wanted to be available for them all the time and this was the time when I thought of using my writing skills some way or the other to earn a small income. Fortunately for me, I got the chance to work under some of the wonderful personalities of the field, who guided me the right way. These are the people who taught me how to become dedicated towards a particular work even when no one is there to watch you.