Amazon is expanding its payment system, as the company has launched a new “Pay with Amazon” buttons for mobile apps. The company will now allow you to use your saved payment information for processing payments for third party apps. The Amazon Payments will allow the third party developers to integrate “Pay with Amazon” button to their mobile apps, so that users can quickly sign in to process the payments.
This will certainly make check out process very quick and easy, as all the information is already saved to Amazon. This payment option is very good and secure. This payment option can give tough competition to Apple Pay and PayPal. Amazon has been using this feature for almost two years, but as of now it was available for desktop version rather than mobile phones and tablets.
It will be interesting to see how this Pay with Amazon button performs, but as this is a very quick, secure and popular among many users, this payment system of Amazon is a serious threat to Apple Pay and PayPal. Developers can choose anyone from Apple Pay, PayPal or “Pay with Amazon” to integrate in their apps or they may give multiple options to users. With more than 200 million accounts, Amazon definitely proves itself.