Amazon to shut down WebPay in October 2014

Wednesday 17 September 2014 00:54 CET | News

Amazon’s WebPay peer-to-peer payment system will shut down on October 2014.

Customers can still make payments through it until that date, and recipients will have 30 days after that to collect any money sent to them before it will revert to the sender.

Amazon has offered the service for at least four years. Through WebPay, users are able to send digital cash to anyone by e-mail, using a credit card or their Amazon account.

However, Amazon has concentrated its efforts on payments at the point-of-sale, launching an mPOS system.

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Keywords: Amazon, Webpay, peer-to-peer, payment system, credit card, online payments
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce