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Amazon Payment Systems Take On PayPal

Posted by samzenpus on from the deliver-me-from-paypal dept.

Bridger writes "Amazon has introduced two new payment systems for merchants and consumers, which brings it into a market dominated by PayPal. Google introduced a similar system for merchants and consumers in 2006, also called Checkout, but it has not found favor with online retailers. Auction giant eBay, which owns PayPal, has prevented consumers from using the Google system."

3 of 92 comments (clear)

  1. Same Song, Different Verse by Khakionion · · Score: 5, Insightful

    Auction giant eBay, which owns PayPal, has prevented consumers from using the Google system.

    So, thank goodness Amazon has released a system, so that eBay will not use it too.

    --
    OMG! Wau!
  2. What E-Bay did that most people missed.. by Channard · · Score: 5, Insightful

    .. or at least the press missed, was forcing PayPal on people by force. Over the space of about six months, they've been requiring people to take PayPal if they had less than 100 feedback, and then if they listed in certain categories. Now they've expanded that to nearly all categories, so that if you want to list anything on E-Bay, you have to take PayPal. By that time I'd already started using Amazon, but that was the final nail in the coffin.

  3. Re:I, for one, welcome our new checkout overlord. by VdG · · Score: 5, Insightful

    I think a competitor to PayPal would be a good thing, but I disagree about the government(s) keeping out of it. PayPal and any other similar service need to be under similar regulation to other financial services, to provide reasonable consumer protection - something PayPal have tried to avoid. There have been numerous complaints in this area over the years and it's one of the main things which has kept me from getting a PayPal account.