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Since Amazon Pay can be used on many websites, the question arises as to what it actually is. In this practical tip, we look into this question and explain what you can use the service for
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What is Amazon Pay: What’s behind the service
Amazon Pay is a payment method that can be used in numerous online shops outside of Amazon.
- Amazon Pay is thus similar to PayPal and requires the payment service to be connected to your account.
- When you find Amazon Pay as a payment method on a website, you can buy the items you want using only your Amazon credentials, without having to provide details of your address and account details on the website in question.
- This means that Amazon Pay requires an Amazon account with a linked payment method.
- Amazon offers a list of the cooperating websites where you can use the service.
- On the Amazon Pay website, you can view all the purchases and transactions you have made with Amazon Pay through your Amazon account.
- This makes Amazon Pay a quick and easy alternative to credit card, invoice, PayPal and instant bank transfer.
Amazon Pay for business customers: Benefits for you and your customers
If you own your own online shop and sell items, you can offer your customers even more payment options by integrating Amazon Pay.
- Because Amazon Pay is compatible with many major commerce solutions, payment service providers and partner agencies, you can quickly and easily integrate Amazon Pay into your shop.
- This allows you to offer your customers the option of paying in your shop via the fast Amazon Pay function.
- However, when using Amazon Pay, you have to give a commission to Amazon for each purchase, which is between 0.2 and 2 percent of the transaction value.
- This makes the checkout process easier for your customers and your purchase completion rate may increase due to the faster checkout feature.
- In addition, for certain purchases, your customers can also benefit from Amazon Buyer Protection, as well as shop via Alexa voice control.
*** Translated with www.DeepL.com/Translator (free version) ***
