Slashdot Mirror

← Back to Stories (view on slashdot.org)

Amazon Is Killing Off Its Free P2P Money-Transfer Service WebPay On October 13

Posted by Soulskill on from the internet-impermanence dept.

An anonymous reader writes: Amazon WebPay, a free online money-transfer service, is shutting down October 13, 2014. This means you'll no longer be able to send, receive, or request money using just your email address and the Amazon Payments webpage. There were hints back in June that the service would be going away soon. Amazon sent out an email this week to active Amazon Payments account users notifying them it is pulling the plug.

5 of 34 comments (clear)

  1. The what? by Anonymous Coward · · Score: 5, Insightful

    Poorly advertised. Never heard of it.

  2. And.... by Anonymous Coward · · Score: 2, Insightful

    Nothing of value was lost.

    1. Re:And.... by Anonymous Coward · · Score: 2, Insightful

      For all you people that haven't heard of it or believe it had no value you are wrong. You could transfer money to your Amazon Payments account through your credit card and then transfer it back to your bank account to meet minimum spend requirements on credit cards and get free miles or cashback.

    2. Re:And.... by olsmeister · · Score: 3, Insightful

      Maybe that's why they're shutting it down. Nothing is really free, someone has to pay for your free miles or cashback, and in this case it would be Amazon through merchant fees to the credit card companies. If enough people did this, they'd be losing money more quickly than they could make it.

    3. Re:And.... by rossdee · · Score: 3, Insightful

      "For all you people that haven't heard of it or believe it had no value you are wrong."

      So people that hadn't heard of it are wrong ?

      I hadn't heard of it, and I have been an Amazon Prime member for a few years...