Description
An online payments processing service that is owned by Amazon. It provides the option to purchase goods and services from websites and mobile apps using the addresses and payment methods stored in the Amazon account, such as credit cards or a direct debit bank account.
Key features:
- Extensions and plugins for many third-party e-commerce platforms, such as BigCommerce, Magento, Shopify, OpenCart, PrestaShop and Zuora.
Pros:
- Allows you to accept credit cards online through Amazon checkout buttons you embed on your website. This streamlines the checkout experience for your customers.
Cons:
- Amazon Pay is for U.S.-based businesses and has an online application. To set up an account, you need a U.S. phone number, street address, bank account and credit card. You’ll also need your business taxpayer ID, EIN or Social Security number.
