Comments on: Watch Out PayPal, Amazon Gets Serious About Payments

By: Cheryl

Cheryl — Fri, 08 Aug 2008 15:19:46 +0000

I agree with jprice and tijs – paypal needs a revamp and competition. Good Luck Amazon or anyone
else that can give paypal a run for their money.

By: jprice

jprice — Fri, 01 Aug 2008 01:07:47 +0000

good luck amazon!

By: leoschmidt08

leoschmidt08 — Thu, 31 Jul 2008 15:16:17 +0000

Tijs said “It’s too bad because Paypal could do with some competition.”

To a certain degree, though, I would consider credit card third-parties as competitors so it is not quite the monopoly I believe you are making it out to be. I have had clients wanting online credit card processing through their already-established processing companies. The costs were pretty high, so to me Paypal was a very natural choice amongst a lot of the competition.

By: leoschmidt08

leoschmidt08 — Thu, 31 Jul 2008 15:11:46 +0000

I would trust them as much as PayPal. However, I have used PayPal for such a long time and now have such a strong programming familiarity with them that I cannot imagine using (or recommending) anyone else at this point in time. Maybe I will in the future…

By: nixwebo

nixwebo — Thu, 31 Jul 2008 02:41:10 +0000

I think it will be hard to change the wave from paypal by there shear amount of users they already have. There massive user base makes it hard for any retailer to change payment options altogether, they would obviously loose sales. But amazon payment may be another option to offer.

By: andregoncalves

andregoncalves — Wed, 30 Jul 2008 18:57:12 +0000

Yes I agree, I think they are missing on a huge market outside the US.
I would be a customer of amazon FPS if available in Europe.

By: Tijs

Tijs — Wed, 30 Jul 2008 17:59:55 +0000

As long as both Google and Amazon offer their payment products in the US only they are no serious competitors for Paypal i’m afraid. It’s too bad because Paypal could do with some competition.