Amazon To Integrate Bitcoin Payments And Launch Its Own Token By 2022, Inside...
The rumors that Amazon might be dabbing into Bitcoin and crypto payments are strengthening. The e-commerce titan is looking for a Digital Currency and Blockchain Product Lead, according to a job posted on their website. As Bitcoinist reported, Amazon wants someone with the capacity to “innovate within the payments and financial system” and would be […]
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Digital commerce titan Amazon could make a move to integrate Bitcoin and other major cryptocurrencies as payments. Via their Amazon Jobs website, it was revealed that the company is on the lookout for a Digital Currency and Blockchain Product Lead. According to the post, the company seeks a person willing to “innovate within the payments […]
This is what Amazon Wallet looks like. Amazon isn't new to the digital payments industry. The online retailer launched Amazon Payments back in 2007, a service that directly competes with the likes of PayPal and Google Wallet. Then in December 2013, Amazon purchased GoPago, a mobile payments platform. Now, continuing the company's push into the digital payments sector, Amazon has launched Amazon Wallet. What Amazon Wallet Does, Or Rather, Doesn't Do. Amazon Wallet is...surprisingly basic. Designed for use at the point-of-sale, Amazon Wallet is essentially an Android app that stores gift....
Despite rejecting rumors the e-commerce giant will soon support Bitcoin payments, a spokesperson for Amazon has said the firm is still interested in the crypto space. Amazon has refuted recent speculation it may be readying to support Bitcoin payments, asserting it currently has no plans for BTC.According to a Reuters report on July 27 citing a spokesperson from the firm, Amazon remains interested in the crypto industry but has no specific plans to onboard digital assets for payments just yet:“Notwithstanding our interest in the space, the speculation that has ensued around our specific....
Amazon has begun its search to hire a Digital Currency and Blockchain Product Lead, to enable modern and inexpensive payments to Amazon.
One of the major points that Overstock CEO Patrick Byrne made when his company began accepting bitcoin payments was that rival retailers would be forced to accept the digital currency in order to remain competitive. Amazon, you could say, is an Overstock rival, but they don't have any interest in getting involved with bitcoin, according to a Re/code report. "Obviously it gets a lot of press and we have considered [accepting bitcoins]," said Tom Taylor, who leads the Amazon payments team, "but we're not hearing from customers that it's right for them and don't have any plans within Amazon....