Amazon CEO: Not Close To Adding Crypto As Payment
On Thursday, Amazon CEO and Chief Executive Officer Andy Jessy added in an interview with CNBC that the world’s biggest e-commerce platform does not plan to add cryptocurrencies as a payment medium very soon. However, he highlighted non-fungible tokens (NFTs) might be a part of the game in the near future as they are fastly […]
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As told by Andy Jassy, the e-commerce giant may integrate NFTs later down the line. Speaking during an interview with CNBC after releasing his first shareholder letter as the new CEO of Amazon, Andy Jassy said that while he does not own any cryptocurrencies or nonfungible tokens, or NFTs, he is optimistic about the outlook of the industry. Jassy stated: "We're not probably close to adding crypto as a payment mechanism in our retail business, but I do believe over time that you'll see crypto become bigger. I expect that NFTs will continue to grow very significantly."Specifically, regarding....
In a press release sent out today eGifter, a social and mobile gifting company, announces its expansion into the European Market by adding Amazon.fr, Amazon.de and Amazon.co.uk Gift Cards to its offerings. The new offering will allow European consumers to purchase these cards with Bitcoin, which is very good news as the real Bitcoin economy takes off and more and more consumers look for simple ways to use their coins to buy things (as opposed of speculation). The gift cards are available on the eGifter web and mobile website and will be available next month on the eGifter mobile apps for....
The original email from Amazon is a fake. I recently stumbled on this thread on Bitcointalk, about a user who claims they received an email from Amazon saying that the online retailer is currently in talks of creating their own Bitcoin payment processor. As stated on the thread, the Amazon Customer Service Representative had this to say about the prospect of Bitcoin payments on Amazon: We don't accept bitcoins as a payment method on our website at this time. However, I am pleased to inform you that we are in the process of creating our own Bitcoin payment processor and will be able to....
Amazon has begun its search to hire a Digital Currency and Blockchain Product Lead, to enable modern and inexpensive payments to Amazon.
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....