Amazon to offer discounts to merchants that sign up for Amazon Pay

Amazon offers retailers discounts to adopt payment system — Bloomberg — “Amazon.com Inc is offering to pass along the discounts it gets on credit card fees to other retailers if they use its online payments service, according to people with knowledge of the matter, in a new threat to PayPal Holdings Inc and card-issuing banks. The move shows Amazon is willing to sacrifice the profitability of its payments system to spread its use.”

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