March 20, 2019Blog Posts

Amazon Pay inks Worldpay integration as it branches out in the wider world of e-commerce

TechCrunch

Amazon  rules the roost when it comes to e-commerce marketplaces in countries like the U.S., but today it’s announcing a deal that it hopes will be a start to its plan to have that same kind of ubiquity outside of its walled garden. The company has inked a deal with Worldpay for the latter to become its first acquirer.

This means that Worldpay  — one of the more ubiquitous providers of payment technologies, processing 40 billion transactions worth some $1.7 trillion annually through 300+ payment options and 120 currencies — will now be offering Amazon Pay as part of that mix, so that any merchant can offer this as a payment and shipping option to its customers.

Importantly, this also could allow Amazon, over time, to layer on further services into the mix for merchants, which could potentially include netting third-party merchants into its popular Amazon Prime subscription scheme for free shipping and more.

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