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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.

9 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...

  3. Re:Guess I'll have to use google wallet or paypal by _merlin · · Score: 2

    I can send money from my GMail account.

    Well I don't know whether the Amazon one worked outside the US, but the Google one definitely doesn't. But given a choice between Google and Amazon, I'd take Amazon. I find them slightly less intrusive and pervasive.

  4. Re:Guess I'll have to use google wallet or paypal by Anonymous Coward · · Score: 2, Funny

    the world is moving to bitcoin, get with the schedule

  5. Woo-hoo! Three day weekend! by wonkey_monkey · · Score: 2

    Amazon WebPay [...] is shutting down October 13, 2014.

    Awesome. Could they shut down a few more days between now and Christmas? I need the time off.

    --
    systemd is Roko's Basilisk.
  6. Re:Guess I'll have to use google wallet or paypal by aztracker1 · · Score: 2

    Which is true in the same way that you need to use an exchange when going to/from USD and GBP or Yen.... If you get paid in BTC, and buy stuff in BTC, then you don't need an exchange.

    --
    Michael J. Ryan - tracker1.info