Amazon Pay is an online payment processing service owned by Amazon. Amazon Pay was launched in 2007 and uses Amazon.com’s consumer base to focus on making it possible for users to pay through their Amazon accounts on external merchant websites. From January 2019, the service is available in Austria, Belgium, Cyprus, Germany, Denmark, Spain, France, Hungary, Luxembourg, Ireland, India, Italy, Japan, the Netherlands, Portugal, Sweden, the United Kingdom, the United States.
Amazon Pay includes a range of products for buyers and merchants who can process online payments.
Amazon Pay Express is a payment processing service for simple e-commerce cases on websites. Built on Amazon Pay, but without the need for full integration E-commerce uses a code generator of Java buttons to create buttons that can be copied and pasted to a web page or added via WordPress Plug-in. It is best suited to merchants who sell a small number of products and one item per order, such as digital downloads.
CBA was an e-commerce solution that enabled web merchants to receive Amazon account information and use Amazon to process payments. CBA could manage several aspects of the transaction, including order processing, promotional discounts, shipping rates, sales tax calculation, and up-selling. Depending on the merchant’s needs, CBA could be integrated into merchant systems with manual processing (through the Seller Center) or through SOAP APIs or download CSV files. The CBA also claimed to reduce bad debts due to Amazon’s ability to detect fraud. In 2016, CBA treatment was discontinued in the United Kingdom and Germany and is scheduled for discontinuation in the US in April 2017.
FPS was an Amazon Web Service that allowed money to be transferred between two entities using technology built on single, multiple and unlimited payment flows. Traders managed their use of the service through API providers or solutions and accessed the account through a merchant account on Amazon Payments. The service was launched as a limited beta in August 2007 and was upgraded to General Availability later in February 2009. FPS was different from the CBA in that FPS could not handle other order processing capabilities such as promotion, tax and shipping. FPS also provided payment processing for Amazon Web Services DevPay.
In 2013, Amazon acquired GoPago (mPayment) technology and hired its engineering and product teams. Amazon was interested in mobile payments. GoPago allows shoppers to order and pay for goods and services before they arrive at the company.
On September 22, 2010, Amazon released security advice on security bugs in its Amazon Payments SDKs. This bug allows malicious shoppers to shop for free in web stores using these SDKs. Amazon commissioned all online stores to upgrade to their new SDK before November 1, 2010. Amazon recognized security researcher Rui Wang to find this bug. The detail of the error is documented in the document “How to Buy Free Online – Security Analysis Cash Registers-as-and-Service-Based Web Stores” by Rui Wang, Shuo Chen, XiaoFeng Wang, and Shaz Qadeer.