Amazon set to launch POS payment system

Thursday 30 January 2014 00:40 CET | News

Amazon is set to launch a point-of-sale payment system powered by its Kindle Fire tablet attached to a credit card reader, an online media outlet reports.

According to the source, the system will give the online retail company access to consumers offline spending habits, where 90% of purchases are still made, while also forming the foundations of a peer-to-peer payment service.

Amazons service could allow customers to send money to each other directly - and buy goods on Amazon and through physical retailers using the companys Kindle checkouts.

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Keywords: Amazon, launch POS, payment, POS system, tablet, Kindle Fire, credit card reader
Categories: Payments & Commerce
Countries: World
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Payments & Commerce

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