What Would Happen If Amazon Were To Incorporate XRP Into Its Services?

Amazon is not interested in embracing bitcoin, but it is looking into new digital payment services, possibly a service developed in-house, a new report suggests. The company's payments head Tom Taylor told Re/code that Amazon did indeed consider bitcoin, but eventually decided that there was not enough interest in the technology for Amazon to benefit from adopting it. Said Taylor: "Obviously, it gets a lot of press and we have considered it, but we're not hearing from customers that it's right for them, and don't have any plans within Amazon to engage bitcoin." Amazon's revenue in 2013 was....

London, January 26, 2016. UK Bitcoin service provider SpectroCoin.com this month launched a new feature on its platform to allow clients to purchase Amazon vouchers with Bitcoin. Vouchers for Amazon.com, Amazon.co.uk, Amazon.de, Amazon.it, Amazon.fr and Amazon.es are available. “After the introduction of Amazon.co.uk vouchers back in November 2015 we have seen a significant interest from our clients in other countries to be able to purchase vouchers from different Amazon shops, therefore, we added up another 5 Amazon stores to serve European and US customers” says SpectroCoin.com....

Is it fair to say that Amazon and bitcoin have had a rocky relationship? While major selling-havens like Overstock.com have been quick to embrace the digital currency’s stamina, the same cannot be said about Amazon. Bitcoin payments have never been advocated or accepted through the online mega-platform, but it looks as though things are changing. Amazon has begun accepting bitcoins “indirectly.” No, customers cannot actually use bitcoin to pay for goods and services yet, but transferring bitcoin to USD is certainly accepted. Amazon Direct now allows consumers to transfer any dollar amount....

Bitcoin's largest payment processor, BitPay, has announced that they have added a new feature to their array of merchant services: integration with Fulfillment by Amazon. Fulfillment by Amazon is a service which allows any business with inventory in Amazon's warehouses the ability to sell the products on their own website, and then have Amazon automatically ship them to the buyer's address. The service is available to merchants in the USA, UK, Germany, France, Italy, and Spain, although it can be used to ship worldwide. Services like FBA are rapidly closing the gap between small businesses....

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....