• The Seattle Times reports that Amazon is reporting " strong growth in its payments platform, with the amount of money that changed hands using the technology nearly doubling in 2016 from the previous year as it launched in several European countries and its adoption increased among retailers.
"Though it wouldn’t disclose dollar figures, Amazon said Tuesday that the number of consumers who have used the Amazon Payments platform at least once rose by 10 million in 2016 to 33 million, a bump of 43 percent. It’s a sign that the company’s bid to rival PayPal, Apple and other digital payment services is gaining traction."
"Though it wouldn’t disclose dollar figures, Amazon said Tuesday that the number of consumers who have used the Amazon Payments platform at least once rose by 10 million in 2016 to 33 million, a bump of 43 percent. It’s a sign that the company’s bid to rival PayPal, Apple and other digital payment services is gaining traction."
- KC's View:
