Amazon Pay

By Author: khansurry
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Amazon Pay was launched in 2007 as Pay with Amazon, before being rebranded to its current name. The solution enables users to pay for purchases on third-party partner merchant websites and apps using payment methods saved on the user’s Amazon profile. In the US, Amazon Pay accepts credit and debit cards from major scheme providers including Visa, Mastercard, Discover, American Express, Diners Club, and JCB. Users can also make payments using their Amazon account balance. In India, Amazon offers the Amazon Pay balance digital wallet, enabling customers to load funds and make purchases on Amazon.in, as well as on partner merchant websites and apps.

IIn October 2017, Amazon partnered with card-processing solutions provider Clover, enabling users to make takeout orders at restaurants using the Clover POS service via the Amazon app. It also entered the in-store payments space with its launch of QR code-based in-store payments. Later, in April 2021, it launched the Amazon Pay For Business app, enabling over 5 million SMEs in India to accept in-store payments through QR codes.

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