Amazon opens up payments platform to all developers |
Register here for our next TechFlash Live networking event, March 23, featuring an expert panel discussing the future of online advertising.
Amazon.com is making its Flexible Payments Service broadly available today. The service, which had been in limited beta, lets third-party developers tap into Amazon's existing payment infrastructure -- letting them charge customers using the payment information and shipping address they have on file at Amazon.
It's an interesting addition to Amazon's cloud-computing offerings -- and opens up a new front in Amazon's competition with eBay, which owns PayPal (Amazon recently dropped the Bill Me Later payment option, after it was acquired by eBay. Bill Me Later lets shoppers purchase items online and receive a bill in the mail).
Amazon charges fees for use of Flexible Payments Service. As part of today's rollout, however, Amazon is offering developers who sign up for Flexible Payments by March 15 -- and launch their application by June 1 -- free payment processing for the first 90 days, until their transaction volume reaches $500,000.
Amazon is also offering a simplified set of APIs called Quick Starts to get developers started.
Interestingly, I just spoke to Vikas Gupta, the founder of a Seattle startup called Jambool, who is a former Amazon engineer and was instrumental in building the Flexible Payments Service. Jambool, which recently launched a payments platform for buying and selling virtual goods on social networks like Facebook, is itself a large user of Amazon Flexible Payments Service.
"I think Amazon is one of the more interesting players in the online payment space," Gupta said.
ERIC ENGLEMAN is senior technology staff writer for TechFlash and the Puget Sound Business Journal, covering online retail giant Amazon.com. Engleman tracks Amazon's increasingly complex business, spanning ecommerce, Kindle, cloud computing, and more. He's been covering technology and other industries for the Business Journal since 2003.
READ FULL BIOGRAPHYTechnology Tax Planning – Did You Take The Deduction?
Technology companies require professional advisors who can assist in all aspects of the business. The BDO Technology Practice provides a full range of services tailored to help address the changing needs of domestic and international companies. In addition to core audit and tax services, BDO professionals can assist technology companies with:
· Revenue recognition
· Business combination accounting
· R&D tax credits
· Compensation and benefits
· Business valuations
Backed by 38 national offices and an international network in 110 countries, we have the domestic and global footprint to serve growing technology companies. Contact sphilpott@bdo.com (audit partner), mreeves@bdo.com (audit partner), psmith@bdo.com (tax partner), tzambito@bdovaluation.us.com (valuation), tfiscus@bdo.com, Director, 206.624.2020
Join the Microsoft WebsiteSpark program and get software, support and visibility – at no upfront cost. You’ll benefit from fast and easy access to current Microsoft development tools, platform technology and server products including Visual Studio, Expression Studio, Silverlight, Windows Web Server 2008 and SQL Server 2008 Web.
Seattle-based Adhost is a WebsiteSpark hosting partner providing dedicated servers with free Windows Web Server 2008 and SQL Server 2008 licensing for three years to Web developers enrolled in WebsiteSpark. Servers are located in our secure data center with SAS 70 Type II certification, 24x7 technical support and 24x7 client access.