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  • Monday, March 25, 2019

    Worldpay first to enable Amazon Pay

    On the heels of news about Worldpay's pending merger with FIS comes word that Worldpay has become the first acquirer to support Amazon Pay for its merchants. Now U.S. merchants can add Amazon Pay as an accepted payment option for online customers, using Worldpay as both gateway provider and acquirer, the company stated.

    Amazon Pay allows consumers to pay for purchases at participating online businesses using the payment information they keep on file with Amazon. It also offers the convenience of one-click purchasing, which consumers find appealing. On the back end, a new application programming interface was designed to facilitate seamless onboarding for Amazon Pay, Worldpay representatives noted.

    Amazon, the leading U.S. ecommerce site, is among the largest ecommerce sites worldwide with over 310 million active customers, said that "tens of thousands" of online merchants offer Amazon Pay, which was introduced in 2007. Currently, Amazon pay is available in eighteen countries: Austria, Belgium, Cyprus, Germany, Denmark, Spain, France, Hungary, Luxembourg, Republic of Ireland, India, Italy, Japan, Netherlands, Portugal, Sweden, United Kingdom and United States.

    A win for Amazon, Worldpay, merchants

    The deal with Worldpay was reportedly inspired by Amazon's desire to continue to expand Amazon Pay's reach to larger merchants and is expected to succeed in driving even greater online merchant adoption, given Worldpay's market footprint. The company processed over 40 billion payments across 146 countries in 2017 and is the largest acquirer in the United States.

    "Working with Worldpay will make it easier for merchants to grow their business by providing customers with a familiar and trusted experience throughout the shopping journey," said Patrick Gauthier, vice president at Amazon Pay.

    "By teaming up with Amazon, we have an even stronger capacity to enable digital commerce, streamline the checkout experience and drive frictionless payments for our merchants," said Asif Ramji, chief product and marketing officer at Worldpay.

    Editorial Note:

    Whether you want to upgrade your POS offerings, find a payment gateway partner, bone up on fintech regs or PCI requirements, find an upcoming trade show, read about faster payments, or discover the latest innovations in merchant acquiring, The Green Sheet is the resource for you. Since 1983, we've helped empower and connect payments professionals, starting with the merchant level salespeople who bring tailored payment acceptance and digital commerce tools, along with a host of other business services to merchants across the globe. The Green Sheet Inc. is also a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals.

    Notice to readers: These are archived articles. Contact information, links and other details may be out of date. We regret any inconvenience.

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