Latest study on Global Amazon Pay Market and Amex Express Checkout Market 2018. This Alternative Payment Solution focuses on giving users the option to pay with their accounts on external merchant websites.
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Alternative Payment Solution: Amazon Pay Market 2018:
Amazon Pay was launched in 2007 as Pay with Amazon, before being rebranded as Amazon Pay. The solution enables users to pay for purchases on third-party partner merchant websites and apps using payment methods saved on the user’s Amazon profile. In the US, Amazon Pay accepts credit and debit cards from major scheme providers including Visa, Mastercard, Discover, American Express, Diners Club, and JCB. Users can also make payments using their Amazon account balance. In India, Amazon offers the Amazon Pay Balance digital wallet, enabling customers to load funds and make purchases on Amazon.in and partner merchant websites and apps.
In July 2017, Amazon Pay introduced a new payment service called Amazon Pay Places, which allows users to make purchases from offline stores via mobile app. This was launched in partnership with restaurant chain TGI Fridays, enabling users to browse the TGI Fridays menu and place their order directly through the app.
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Apart from purchases, Amazon Pay also enables users to make donations to charities, in collaboration with its voice-based virtual assistant Alexa. Users can give voice commands to their Echo device to initiate donations via Alexa and complete the payment through Amazon Pay.
Scope:
– Amazon Pay was launched in 2007 as Pay with Amazon. Rebranded as Amazon Pay in 2017.
– Amazon enables users to make voice-based donations to charities using its virtual assistant Alexa.
– Amazon offers its Amazon Pay Balance digital wallet to customers in India.
– In July 2017, Amazon introduced Amazon Pay Places, enabling users to make purchases from offline stores via mobile app.
Companies Mentioned:
• PayPal
• Visa Checkout
• Masterpass
• Visa
• Mastercard
• Discover
• American Express
• Diners Club
• JCB
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The report provides information and insights into alternative payment solution Amazon Pay, including –
– Detailed insight into its business and geographical presence
– Comprehensive coverage of its products and services
– Comparative assessment with key alternative payment solutions
– Information on its performance, including its revenue model
– The company’s important events and milestones.
Reasons to Buy:
– Gain insights into Amazon Pay’s business operations, and key events.
– Gain insights into its product portfolio and revenue model.
– Assess the competitive dynamics in the alternative payments industry by comparing its performance against competitors.
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Some Key Point from TOC:
Overview
Historic Milestones
Benchmarking
Revenue Model
Merchant Registration Process
Products and Services
Significant Events
Partner Merchants in the US
…Continued
Part 2:
Alternative Payment Solution: Amex Express Checkout Market 2018:
Amex Express Checkout is an online payment solution developed by American Express. Launched in 2015, it allows American Express card holders to checkout faster on merchant websites and apps by using stored card details and billing addresses.
To use the service, American Express card holders need to have an online account on americanexpress.com with their card and billing details, a user ID, and a password. These details are used for making payments through Amex Express Checkout. At checkout, users need to select Amex Express Checkout and login with their user ID and password, choose their preferred card, review the order details, and confirm the payment.
Amex Express Checkout works on all web-enabled devices including desktops, mobile phones, and tablets. In the US, it is currently supported by a number of major merchants, including Walmart, Airbnb, Boxed, Staples, Sears, Grubhub, Delta Air Lines, Avis, Budget Car Rental, and Ticketmaster.
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There are no charges associated with Amex Express Checkout, except for the usual interchange fees charged to merchants. American Express has partnered with payment service providers such as Stripe and Braintree, enabling easy integration of Amex Express Checkout on merchants’ platforms.
Scope:
– In 2015, American Express launched Amex Express Checkout for US card holders.
– Amex Express Checkout works on all web-enabled devices including desktops, mobile phones, and tablets.
– There are no charges associated with Amex Express Checkout, except for the usual interchange fees charged to merchants.
– In February 2018, American Express partnered with online and mobile food ordering company Grubhub.
Companies Mentioned in this report:
• Masterpass
• Visa Checkout
• Stripe
• Braintree
• Mastercard
• Visa
• Discover
• American Express
• Maestro
• Diners Club
Inquiry before buying report @http://orbisresearch.com/contacts/enquiry-before-buying/2163575
The report provides information and insights into alternative payment solution Amex Express Checkout, including –
– Detailed insight into its business and geographical presence
– Comprehensive coverage of its products and services
– Comparative assessment with key alternative payment solutions
– Information on its performance, including its revenue model
– The company’s important events and milestones.
Reasons to Buy:
– Gain insights into Amex Express Checkout’s business operations, and key events.
– Gain insights into its product portfolio and revenue model.
– Assess the competitive dynamics in the alternative payments industry by comparing its performance against competitors.
Browse In Depth-Insights @http://orbisresearch.com/reports/index/alternative-payment-solution-amex-express-checkout
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Source: MarketersMedia
Release ID: 366190
