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Amazon Introduces PayPhrase

Amazon.com has introduced "PayPhrase," a new shortcut for making purchases at the online retailer and other websites. PayPhrase works by allowing users to choose their own phrase along with a PIN and then set up their shipping information, which is stored at Amazon. Amazon customers can use PayPhrase to make purchases at any websites that offers Checkout by Amazon, such as DNKY, Patagonia, Buy.com and J&R Electronics.