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  #1 (permalink)  
Old 01-08-2007, 15:33
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Default Amazon will Launch Payment System

Amazon will launch shortly payment service to compete with Paypal & Google checkout. techcrunch.com/2007/08/01/amazon-to-launch-payments-services-will-compete-with-paypal-and-google-checkout/

It is always good for consumers those who are going to be benefited with such high level of competition.

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Old 01-08-2007, 17:11
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Paypal will be a hard one to beat - it has been around ages and has gained a trusted customer base. However as a consumer I too welcome the competition. Thanks for the link paul .
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Old 02-08-2007, 08:48
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Definitely David as a customer we should welcome it because in competition the end user gets most benefits.
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Old 02-08-2007, 09:07
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Yes, actually Amazon has a strong brand awareness and wide user base with strong customer relationship that will add value to their prospective and also it can open a new door for the unsatisfied customers of Paypal.

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Old 02-08-2007, 17:35
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Which the paypalsucks.com website hosting would make you believe is quite big!
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Old 03-08-2007, 08:48
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Quote:
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Which the paypalsucks.com website hosting would make you believe is quite big!
Yes, also I guess Amazon will gain same lead as PayPal gained huge advantage from eBay.
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Old 03-08-2007, 08:54
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Soon we'll be able to use our PayPal accounts in the high street shops. :P
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Old 03-08-2007, 09:44
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Oh that would be grate. Thanks for the information Josh
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Old 03-08-2007, 13:55
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Quote:
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Oh that would be grate. Thanks for the information Josh
It's only a prediction; but it would be nice.
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Old 05-08-2007, 11:51
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Quote:
Originally Posted by paul View Post
Yes, also I guess Amazon will gain same lead as PayPal gained huge advantage from eBay.
That is a very valid point paul.

The only difference is Amazon will save a lot of money as they already own their own payment system whereas the owners of eBay had to buy out Paypal from its previous owners for a substantial amount of money after it gained success (not only on eBay but for online purchases in general).
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Old 06-08-2007, 09:34
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Yes, that can be considered good strategy and hopefully eBay will not accept amazon payment as they are not allowing google checkout currently.
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Old 14-08-2007, 09:35
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All these 'BIG GUNS' discussed in this thread are experts in penetrating the market and expanding their services, sooner or later. As mentioned in the discussion earlier, such competition provides customers with more options and advantages. Lets hope for the best!!!
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