Shortly after a Bloomberg report indicating that PayPal and Amazon have been discussing ways to work together on payments, Amazon unveiled a new milestone for its own payments business. The retailer said this morning that over 33 million customers have now used Amazon Payments to make a purchase – a figure that’s up 10 million from the 23 million it had in April of last year.
Essentially Amazon’s PayPal rival, Amazon Payments allows online shoppers to check out on merchants’ websites using the payment information they already have stored in their Amazon accounts. Merchants can offer this functionality by integrating with Amazon’s own tools, like “Login and Pay with Amazon,” or they can use tools already offered by their e-commerce platform provider.
Amazon had opened up Amazon Payments to global partners in 2016, bringing platforms like PrestaShop, Shopify, and Future Shop on board.
