Wednesday, October 9, 2013

Amazon Launches New Login and Payment Service

Seattle-based Amazon is hoping to make more inroads into the online payment business with a new service it launched Tuesday called Login and Pay with Amazon. The service--which is a direct competitor to PayPal--lets customers pay for purchases using their Amazon.com account information, and also ties that to Amazon.com's single sign-on service. Amazon has been offering up merchants with a payment service under Amazon Payments for years, however, the new offering now combines both user login and payment ability for websites.