Amazon Pay

{{Infobox website

| name = Amazon Pay

| logo = Amazon Pay logo.svg

| company_type = Payment processing

| genre =

| foundation = 2007

| founder =

| location_city =

| location_country =

| url = {{URL|https://pay.amazon.com/}}

| location = Seattle, Washington, United States

| parent = Amazon

| language = English

| commercial = Yes

| registration = Free

| current_status = Active

}}

Amazon Pay is an online payments processing service owned by Amazon. Launched in 2007,{{cite web |title=Launched in 2007 |url=http://www.csestrategies.com/channel_advisor_blog/2007/08/amazon-payments-launched.html |date=August 3, 2007 |access-date=June 10, 2012 |archive-url=https://archive.today/20130121054918/http://www.csestrategies.com/channel_advisor_blog/2007/08/amazon-payments-launched.html |archive-date=January 21, 2013 |url-status=dead |df=mdy-all }} Amazon Pay uses the consumer base of Amazon.com and focuses on giving users the option to pay with their Amazon accounts on external merchant websites. As of October 2024, the service was available to businesses based in 18 countries: Austria, Belgium, Cyprus, Denmark, France, Germany, Hungary, India, Ireland, Italy, Japan, Luxembourg, Netherlands, Portugal, Spain, Sweden, Switzerland, United Kingdom, and the United States.{{cite web | url=https://pay.amazon.com/help/201810860 | title=Merchant frequently asked questions | Amazon Pay Help }}

Amazon Pay announced a partnership with Worldpay in 2019, allowing Worldpay clients to enable Amazon Pay as a part of the same integration.{{Cite web|title=Amazon Pay inks Worldpay integration as it branches out in the wider world of e-commerce|url=https://techcrunch.com/2019/03/20/amazon-pay-inks-worldpay-integration-as-it-branches-out-in-the-wider-world-of-e-commerce/|access-date=2020-09-15|website=TechCrunch|date=20 March 2019|language=en-US|archive-date=2019-03-31|archive-url=https://web.archive.org/web/20190331050238/https://social.techcrunch.com/2019/03/20/amazon-pay-inks-worldpay-integration-as-it-branches-out-in-the-wider-world-of-e-commerce/|url-status=live}}{{Cite web|date=2019-03-20|title=Amazon, Worldpay Team On One-Click Commerce|url=https://www.pymnts.com/amazon-payments/2019/worldpay-merchant-online-checkout-experience/|access-date=2020-09-15|website=PYMNTS.com|language=en-US|archive-date=2020-10-25|archive-url=https://web.archive.org/web/20201025194538/https://www.pymnts.com/amazon-payments/2019/worldpay-merchant-online-checkout-experience/|url-status=live}}{{Cite web|first=April|last=Berthene|date=2019-03-25|title=Amazon Pay is now an option for Worldpay clients|url=https://www.digitalcommerce360.com/2019/03/25/amazon-pay-now-an-option-for-worldpay-clients/|access-date=2020-09-15|website=Digital Commerce 360|language=en-US|archive-date=2020-10-21|archive-url=https://web.archive.org/web/20201021131705/https://www.digitalcommerce360.com/2019/03/25/amazon-pay-now-an-option-for-worldpay-clients/|url-status=live}}

Products

Amazon Pay incorporates a variety of products for buyers and merchants to process online payments.

=Amazon Pay=

Amazon Pay provides the option to purchase goods and services from websites and mobile apps using the addresses and payment methods stored in the Amazon account, such as credit cards or a direct debit bank account or the Unified Payments Interface (UPI) in India.{{cite news |last1=Mishra |first1=Digbijay |title=Unified Payments Interface: US majors dominate payments play on UPI {{!}} India Business News - Times of India |url=https://timesofindia.indiatimes.com/business/india-business/google-pay-maintains-lead-amazon-pay-starts-to-show-scale-as-paytm-sees-volumes-fall/articleshow/76294038.cms |access-date=28 June 2020 |work=The Times of India |date=11 June 2020 |language=en |archive-date=3 January 2021 |archive-url=https://web.archive.org/web/20210103205911/https://timesofindia.indiatimes.com/business/india-business/google-pay-maintains-lead-amazon-pay-starts-to-show-scale-as-paytm-sees-volumes-fall/articleshow/76294038.cms |url-status=live }}

=Amazon Pay Express=

Amazon Pay Express is a payments processing service for simple e-commerce use cases on websites. It is built on Amazon Pay but without requiring a full e-commerce integration,{{cite web |title=E-commerce integration |url=https://pay.amazon.com/us/developer/documentation/express/201747030 |access-date=2017-03-15 |archive-date=2017-12-08 |archive-url=https://web.archive.org/web/20171208011318/https://pay.amazon.com/us/developer/documentation/express/201747030 |url-status=live }} it can be used to create a button that can be copied and pasted onto a website or added via a WordPress plug-in.{{cite web |title=WordPress Plug-In |url=https://wordpress.org/plugins/pay-with-amazon-express-checkout |access-date=2017-03-15 |archive-date=2018-08-28 |archive-url=https://web.archive.org/web/20180828023508/https://wordpress.org/plugins/pay-with-amazon-express-checkout/ |url-status=live }} It is best suited for merchants selling a small number of products with a single item in each order, such as a digital download.

=Amazon Pay UPI=

On 14 February 2019, Amazon launched Amazon Pay Unified Payments Interface (UPI) for Android users in partnership with Axis Bank. This service issues UPI IDs to its Indian customers to allow for secure payments. The mechanism of Amazon Pay UPI is the same as other UPI apps like BHIM, Paytm and PhonePe. Anyone with Amazon India app can access this service.{{cite web |title=Amazon launched Amazon Pay UPI |date=15 February 2019 |url=https://in.fashionnetwork.com/news/Amazon-pay-upi-launches-on-android-in-india,1068334.html |access-date=2023-01-02 |archive-date=2023-01-02 |archive-url=https://web.archive.org/web/20230102125248/https://in.fashionnetwork.com/news/Amazon-pay-upi-launches-on-android-in-india,1068334.html |url-status=live }}

By mid-2024, Amazon Pay was one of the top 10 apps on UPI, accounting for 0.5% of all transactions in July 2024.{{cite web | url=https://techcrunch.com/2024/08/19/amazon-considers-moving-amazon-pay-into-a-standalone-app-in-india/ | title=EXCLUSIVE: Amazon considers moving Amazon Pay into a standalone app in India | date=19 August 2024 }}

Evolution

=Checkout by Amazon (CBA)=

Checkout by Amazon (CBA) was an e-commerce solution that allowed web merchants to accept Amazon account information and use Amazon for payment processing. CBA could manage several aspects of the transaction, including order processing, promotional discounts, shipping rates, sales tax calculation, and up-selling. Depending on the merchant's needs, CBA could be integrated into the merchant's systems with manual processing (through Seller Central) or through SOAP APIs or downloadable CSV files. CBA also claimed to reduce the bad debt because of Amazon's fraud detection capabilities. CBA was discontinued in the UK and Germany in 2016 and in the US in April 2017.{{cite web|title=Amazon Is Making a Big Change--and It Will Heavily Impact Your E-Commerce Site|date=November 29, 2016|url=https://www.inc.com/john-lincoln/checkout-by-amazon-is-going-away-welcome-pay-with-amazon.html|website=Inc. magazine|access-date=January 27, 2022|archive-date=January 27, 2022|archive-url=https://web.archive.org/web/20220127172252/https://www.inc.com/john-lincoln/checkout-by-amazon-is-going-away-welcome-pay-with-amazon.html|url-status=live}}

=Amazon Flexible Payments Service (FPS)=

Flexible Payments Service (FPS) was an Amazon Web Service that allowed money transfer between two entities using a technology built on single, multiple, and unlimited use payment tokens. Merchants managed their service use via API or solution providers. They accessed the account through a merchant account on the Amazon Payments website. The service was launched as a limited beta in August 2007 and, later in February 2009, was promoted to General Availability.{{Citation needed|date=April 2022}} FPS differed from CBA because FPS did not handle additional capabilities associated with order processing, such as promotions, tax, and shipping. FPS also provided the payments processing for the Amazon Web Services DevPay service but it was discontinued in June 2015.{{Cite web |date=2007-12-19 |title=Make Money Fast – Introducing Amazon DevPay |url=https://aws.amazon.com/blogs/aws/make-money-fast/ |access-date=2022-04-21 |website=Amazon Web Services |language=en-US |archive-date=2022-06-30 |archive-url=https://web.archive.org/web/20220630151022/https://aws.amazon.com/blogs/aws/make-money-fast/ |url-status=live }}{{Citation needed|date=April 2022}}

= GoPago technology acquisition=

In 2013 Amazon acquired GoPago's technology (mPayment) and hired their engineering and product teams.{{cite web|title=Amazon Bought GoPago's Mobile Payment Tech And Product/Engineering Team, DoubleBeam Bought The POS Business|url=https://techcrunch.com/2013/12/21/amazon-bought-gopagos-mobile-payment-tech-and-productengineering-team-doublebeam-bought-the-pos-business/|website=TechCrunch|date=21 December 2013|access-date=24 November 2016|archive-date=18 February 2019|archive-url=https://web.archive.org/web/20190218191406/https://techcrunch.com/2013/12/21/amazon-bought-gopagos-mobile-payment-tech-and-productengineering-team-doublebeam-bought-the-pos-business/|url-status=live}} Amazon was interested in the mobile payment business. GoPago's app allows shoppers to order and pay for goods and services before arriving at a company.

= Pay with Alexa=

In 2020, Amazon enabled Alexa users to pay for gas by talking to Alexa.{{Cite web |url=https://www.amazon.com/b?ie=UTF8&node=20975392011 |title=Amazon Alexa Pay my gas |last=Hanna |first=M |website=Amazon |access-date=2021-05-05 |archive-date=2021-05-11 |archive-url=https://web.archive.org/web/20210511223111/https://www.amazon.com/b?ie=UTF8&node=20975392011 |url-status=live }}

Security

On September 22, 2010, Amazon published a security advisory {{cite web | url=https://payments.amazon.com/sdui/sdui/security | title=Amazon Payments Signature Version 2 Validation | date=2010-09-22 | access-date=2011-12-10 | archive-date=2013-02-17 | archive-url=https://web.archive.org/web/20130217072657/https://payments.amazon.com/sdui/sdui/security | url-status=live }} regarding a security flaw in its Amazon Payments SDKs. This flaw allows a shopper to shop for free in web stores using those SDKs. Amazon mandated all web stores to upgrade to its new SDKs before November 1, 2010. Amazon acknowledged security researcher Rui Wang for finding this bug. The detail of the flaw is documented in the paper "How to Shop for Free Online - Security Analysis of Cashier-as-a-Service Based Web Stores" by Rui Wang, Shuo Chen, XiaoFeng Wang, and Shaz Qadeer.{{cite web |author1=Rui Wang |author2=Shuo Chen |author3=XiaoFeng Wang |author4=Shaz Qadeer |url=http://research.microsoft.com/apps/pubs/default.aspx?id=145858 |title=How to Shop for Free Online - Security Analysis of Cashier-as-a-Service Based Web Stores |date=May 2011 |access-date=2011-12-19 |archive-date=2016-04-13 |archive-url=https://web.archive.org/web/20160413000358/http://research.microsoft.com/apps/pubs/default.aspx?id=145858 |url-status=live }}