Posted on
July 31, 2008 22:28
by
osthamba
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It is interesting that amazon is entering a part of Internet which is boring. Google came with Google Checkout and added some spice but nothing spectacular. Amazon.com is not doing anything either. I am on market for a payment service and I find PayPal still better than amazon on many fronts. I am looking at PayPal Payflow Pro and I feel that is much better than what amazon has announced. the one click shopping is spicier but only works with the skinned version of a amazon page and not with their API version, which is a let down. But my biggest concern is if I am selling something on web, Amazon is a competitor to me, I don't feel comfortable using a competitor product on mine. eBay is only a provider of sales and PayPal is a payment service provider and they don't compete with me, sure they host my competitors, but they don't sell. Again looking at various down time with Amazon Web Services, I wonder how reliable this will be, something which will get me money. But the boring of the lot is Authorize.net but they work pretty robustly, and banks which use them give obnoxious rates and I don't like that too many people (Banks, Authorize.net, Credit Card Companies) are involved where I get my money from. But I am keeping Amazon as a possible solution, and watch them closely till they get matured. Right now PayPal is my choice.
Also on nytimes.com http://www.nytimes.com/2008/07/30/technology/30amazon.html?ex=1375156800&en=258bf6feacdd5d2a&ei=5124&partner=permalink&exprod=permalink
Amazon Offers Other Sites Use of Its Payment Service
By BRAD STONE
Published: July 30, 2008
The Seattle-based online retailer unveiled a new payment service that it will offer other online retailers to use on their Web sites.
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