Monday, March 25, 2019
Amazon Pay allows consumers to pay for purchases at participating online businesses using the payment information they keep on file with Amazon. It also offers the convenience of one-click purchasing, which consumers find appealing. On the back end, a new application programming interface was designed to facilitate seamless onboarding for Amazon Pay, Worldpay representatives noted.
Amazon, the leading U.S. ecommerce site, is among the largest ecommerce sites worldwide with over 310 million active customers, said that "tens of thousands" of online merchants offer Amazon Pay, which was introduced in 2007. Currently, Amazon pay is available in eighteen countries: Austria, Belgium, Cyprus, Germany, Denmark, Spain, France, Hungary, Luxembourg, Republic of Ireland, India, Italy, Japan, Netherlands, Portugal, Sweden, United Kingdom and United States.
The deal with Worldpay was reportedly inspired by Amazon's desire to continue to expand Amazon Pay's reach to larger merchants and is expected to succeed in driving even greater online merchant adoption, given Worldpay's market footprint. The company processed over 40 billion payments across 146 countries in 2017 and is the largest acquirer in the United States.
"Working with Worldpay will make it easier for merchants to grow their business by providing customers with a familiar and trusted experience throughout the shopping journey," said Patrick Gauthier, vice president at Amazon Pay.
"By teaming up with Amazon, we have an even stronger capacity to enable digital commerce, streamline the checkout experience and drive frictionless payments for our merchants," said Asif Ramji, chief product and marketing officer at Worldpay.
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