Amazon Payments Blog

Amazon.com Rewards Visa Card: 3X Points with Checkout by Amazon

This holiday, Chase is offering Amazon.com Rewards Visa cardholders triple points on all purchases through Checkout by Amazon.*

Earning bonus points is easy – customers simply use the Amazon.com Rewards Card as a payment method when using Checkout by Amazon, and earn 3 points for every $1 spent.

This offer ends 12/31/2010. Start shopping today!

*See offer details and terms here.  Amazon Payments is not a sponsor of this promotion.

Amazon Payments Now Utilizes Yodlee AccountVerification™

We are proud to announce that Amazon Payments has integrated InstantAccountVerification™ technology from Yodlee, a provider of personal financial management and revenue-generating payments solutions, into www.amazonpayments.com to simplify how our customers add and verify bank accounts in their Amazon Payments accounts. Yodlee’s account verification technology verifies a person’s account information, ownership, and balance in real-time.

 “Traditional verification methods don’t take into account the customer’s expectation of speed and immediacy when they transact online,” said Baris Cetinok, director, Amazon Payments.  “Yodlee Account Verification confirms the ownership of a consumer’s bank account in real time, adding a required layer of validation without slowing down the process.  This helps Amazon Payments deliver on our commitment to a great customer experience.”            

Over the past 10 years, Yodlee has verified more than 15 million consumer accounts, reducing both abandonment and potential fraud in those online transactions, which include new account openings, funds transfers, purchases, and person-to-person (P2P) transactions.

“Our account verification fits seamlessly into the transaction and payment process to quickly verify credentials without disrupting the user flow,” said Peter Hazlehurst, SVP of Products at Yodlee.

Learn more about Yodlee at www.yodlee.com. To add and verify your bank account, visit www.amazonpayments.com.

What’s Your PayPhrase?

As you may have heard, Amazon Payments recently debuted Amazon PayPhrase – the easy-to-remember shortcut for paying on Amazon.com and other websites. PayPhrase ties together your Amazon.com payment and shipping information into a fun, simple phrase that you choose. With PayPhrase, you no longer have to register or share credit card information with multiple web sites.Use your PayPhrase to quickly checkout wherever you see the PayPhrase button – on Amazon.com, and other sites across the web including DKNY, Jockey, Patagonia, J&R, and Car Toys to name a few.

Amazon PayPhrase also provides simple controls for parents, such as monthly spending limits and order approval notifications. Give a PayPhrase to your teen or a student away at college, and you will never have to share your credit card number or account password for them to buy using your account.

Amazon Payments has received a lot of positive customer feedback about the PayPhrase experience. Here’s what some of our customers have to say:

- “What a cool idea! Much better than having a gazillion different passwords. It was easy and fast!”– Jacquie

- “This is a great idea to speed along my payment process.  Keep up the great work.”– Kathy

- “I think this is an innovative idea for checking out...saves a lot of time!”– Susie

- “Wow, very nice. I especially like the security function of email authorization. Good job.”– Ricardo

Shop.org Webinar: "Leveraging the Power of Emerging Payment Technologies and Alternative Payments Solutions"

March 31, 2010, 1:00PM - 2:00PM EST

Amazon Payments is sponsoring the upcoming Shop.org webinar, “Leveraging the Power of Emerging Payment Technologies and Alternative Payments Solutions”.

Hear retail panelists like Jeff Wisot, VP of Marketing for Buy.com, discuss alternative payment selection and integration, barriers and successes, and performance metrics.

Register today and you'll learn how you can implement alternative payments in the most optimal manner for your business and for your customers.

Amazon Payments a Hit with Buy.com Shoppers

Recently, retailer Buy.com shared some comments with us about their experience with Amazon Payments.  Buy.com is engaged in the Selling on Amazon Program, and accepts Checkout by Amazon.

“Buy.com has always been committed to delivering an innovative online shopping experience. We provide real-time comparison shopping, streaming product videos through BuyTV, and offer free shipping on millions of products.  We’ve also been among the first to offer certain alternative payment methods – which have been growing in popularity because they can save time and make shopping more convenient.

“We began offering Checkout by Amazon and the Amazon PayPhrase option because they reduce transaction times for Amazon account holders on Buy.com.  In just the past few months, it has become a clear hit with Amazon shoppers. Checkout by Amazon is now one of the top alternative payment methods on our site, and hundreds of thousands of orders on Buy.com have been placed using Amazon Payments. Our thousands of Buy.com Marketplace sellers have also responded positively to the addition of these payment options.”

-   Jeff Wisot, Vice President Marketing, Buy.com

Experience Checkout by Amazon on Buy.com.