Amazon Pay is a really popular payment method in e-commerce, and this is also because it belongs to the leading platform Amazon.
Lots of retailers and online merchants have chosen Amazon Pay to be implemented as a payment option around the world.
Amazon and Worldpay partnership triggers massive benefits
The recent partnership between Amazon and Worldpay will make sure to expand the opportunities available for merchants.
Coinspeaker noted that this marks a significant milestone for the e-commerce industry.
Worldpay clients will be able to use Amazon Pay to enhance the checkout experience.
The same online magazine says that Amazon Pay Vice President Patrick Gauthier highlighted that it’s a huge step forward for their payment service.
The reason is that it will become available for a broader audience from now on.
This move also reflects Amazon’s desire to make the payment service available to even more people. “We started to really think about how [we] not only simplify integration and onboarding but [how to] better manage operations on an ongoing basis. We decided the best solution for us was to integrate with a large merchant acquirer, as that simplifies a lot of the day-to-day issues around settlement, reconciliation, reporting and dispute management,” Gauthier said.
Amazon and Ripple
For a really long time, the Ripple army of fans has been hoping that Amazon will team up with Ripple and offer a payment solution with XRP because this would definitely mean mainstream adoption for the digital asset.
Now, Coinspeaker talks about the partnership mentioned above and what it could mean to Ripple.
They write that the U.S. fintech Fidelity National Information Services Inc. (FIS) had acquired Worldpay. “What does it mean for both of them and Amazon if it is now a partner of Worldpay?”
The online publication highlights that FIS is also a Ripple partner and concludes: “the partnership of Amazon and Worldpay is an indirect step of Amazon towards Ripple.”