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Amazon To Launch Payments Service


TechCrunch:

Look for a launch announcement by Amazon this week or next of a new web service around payments, adding to their S3 (storage), EC2 (virtual server) and other services.

They’ve been quietly testing the service, which will compete with PayPal and Google Checkout, for a few weeks.

It is an extension of the existing Amazon Payments, which allows third parties selling items on Amazon’s extended network to receive payments from buyers.

Photo by Amazon.

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