Amazon Reportedly Has Kindle Checkout System, P2P Payments Offering On The Way

Chris CrumeCommerce

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Late last year, Amazon acquired some technology and engineers from PoS solutions company Gopago.

This was reportedly a catalyst for what will soon become a new Kindle-based checkout system for physical retailers as well as a PayPal-like P2P payments service.

The Wall Street Journal cites multiple people briefed on the company's plans who say Amazon will offer brick-and-mortars a Kindle tablet-based checkout system as early as this summer, and that there may be multiple plans with one including the tablets and credit card readers, and another including website development and data analysis services.

TechCrunch is reporting that Amazon also has a P2P payments solution in mind, which would enable people to pay each other without having to use banks or PayPal-like services as middlemen. The report points to an Amazon job ad for a Senior Technical Program Manager to build a P2P payment product.

Amazon has offered payments solutions in some capacity for years, but in recent months has been getting more aggressive in the space. In October, the company launched its "Login And Pay With Amazon" service to ecommerce sites.

Amazon Payments VP Tom Taylor said at the time that Amazon had over 215 million active customer accounts, so that's a pretty substantial base for any account-connected service to start off with.

Image via Amazon

Chris Crum

Chris Crum has been a part of the WebProNews team and the iEntry Network of B2B Publications since 2003. Follow Chris on Twitter, on StumbleUpon, on Pinterest and/or on Google: +Chris Crum.