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Amazon Payment Services Takes on Paypal and Google Checkout

Posted 07/30/08 at 12:14:26 PM  by Paul Lilly

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Pricing and Fees

 

Like Paypal, Checkout by Amazon will asses fees on a per-transaction basis based on both a percentage of the sale and a per transaction fee. But unlike Paypal, volume sellers will receive a discount based on the amount of sales.

  • 2.9& + $0.30 for all transactions over $10
  • 5.0% + $0.05 for all transactions under $10 
  • 2.5% + $0.30 for all transactions for monthly payment volume from $3K-$10K
  • 2.2% + $0.30 for all transactions for monthly payment volume from $10K-$100K
  • 1.9% + $0.30 for all transactions for monthly payment volume over $100K

Amazon Simple Pay

In addition to Checkout by Amazon, the site also introduced a lighter version called Amazon Simple Pay. The two payment services share the same fees structure above, but the latter does away with additional capabilities like real-time shipping and tax calculation, order management, and a host of other features.

"If you don't need Amazon's end-to-end checkout pipeline and order management capabilities, but still want to enable your customers to use their payment information already on file at Amazon.com, use Amazon Simple Pay," the site reads.

Should Paypal be worried?

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COMMENTS:2
TAGS: windows, Software, paypal, payment, amazon payment services, google checkout
COMMENTS
avatarAmazon Payment May have an Advantage

Submitted by endee on Thu, 07/31/2008 - 10:45am

When you pay for an Internet purchases directly with a credit card, you have a significant degree of protection through the card issuer: you can always dispute the charge. With PayPal and Google Checkout, even when paying with a credit card, you lose your card's protections because the transaction is between you and the payment service, not between you and the merchant. When there's a problem with a purchase and the merchant doesn't take responsibility, both PayPal and Google Checkout force you into an arbitration process with the merchant, which can be both lengthy and time-consuming, and often devolves into a he-said, she-said discourse.

Amazon.com, on the other hand, has always taken a hard line with its online partners. Problems are handled by Amazon.com directly and merchants are strongly encouraged to please the customer. I've never had an issue that wasn't resolved to my satisfaction with purchases from Amazon.com partners. If Amazon.com maintains this level of customer satisfaction with thier payment service, I think they'll have a winner. If they push to make the service available for eBay auctions, something that Google should've done but didn't, then we'll really have somerthing to take about. (You have to wonder. EBay is encroching on Amazon.com turf by forming allianmces with direct merchants like Buy.com. Is Amazon.com pushing back?)

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avatarSo another pay for insurance

Submitted by sdcat on Wed, 07/30/2008 - 10:37am

So another pay for insurance for transaction?

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