Amazon FPS / Payments - Another PayPal?
August 6th, 2007 by Jason
Amazon has launched the Amazon Flexible Payment Service (FPS) which is an extension of the existing Amazon Payments. With this service, we can look forward to third-party merchants offering online payments via Amazon’s reliable and scalable payment infrastructure.
This service accepts non-US/international credit card transactions. The pricing rate is available here.
It’s only a matter of time before we see plugins or widgets that take advantage of Amazon FPS to allow even non-techie site owners to provide online payment for their products.
Withdrawal of Amazon Payment funds into international banks. Possible?
PayPal users in some countries (like mine) are not allowed to withdraw their funds into their local bank account. What about Amazon Payments? Initial indications seem to suggest that one can only withdraw funds into a US bank account though I can’t be exactly sure. If that’s true, then that’s disappointing news for some of us.
Will Amazon Payments be able to rival PayPal?
PayPal has pretty much dominated the online payments services space. I should also mention that there is also Google Checkout but at the moment, it’s not quite as pervasive as PayPal. I suppose we’ll be seeing a lot of Amazon Payment vs PayPal vs Google Checkout comparisons in the near future.
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