{"id":11650,"date":"2017-02-12T05:55:58","date_gmt":"2017-02-12T05:55:58","guid":{"rendered":"https:\/\/promotelabs.com\/blog\/?p=11650"},"modified":"2017-04-11T00:11:49","modified_gmt":"2017-04-11T04:11:49","slug":"amazon-payments-payment-processor-review","status":"publish","type":"post","link":"https:\/\/promotelabs.com\/blog\/amazon-payments-payment-processor-review\/","title":{"rendered":"Amazon Payments | Payment Gateway Review"},"content":{"rendered":"

Amazon Payments<\/a>, which officially launched in 2007, is a wholly owned subsidiary of Amazon.com. Their focus is on giving merchants\u2019 customers the same payment experience enjoyed by Amazon customers.<\/strong><\/em><\/span><\/p>\n

Let\u2019s take a look at their features to see if it\u2019s a good fit for your business\u2026
\n\"Amazon<\/a><\/p>\n

ALL-IN-ONE PAYMENT SERVICE PROVIDER?<\/h5>\n

Yes<\/p>\n

Amazon Payments<\/a> is a payment service that allows Amazon.com customers to pay for purchases on other websites using their Amazon.com account. That means all your customers have to do is log into their Amazon accounts to pay you \u2013 they don\u2019t need to enter their payment information or credit card numbers.<\/p>\n

The benefit is that you get to use Amazon\u2019s trusted brand to process payments \u2013 and it\u2019s easy for Amazon customers. The downside, of course, is that not everyone has an Amazon account.<\/p>\n

FEES<\/h5>\n

Here\u2019s a look at Amazon Payments<\/a>\u2019s fees:
\n\"Amazon<\/a><\/p>\n

Monthly fee:<\/strong> None.<\/p>\n

Debit and credit rate:<\/strong> 2.9% plus 30 cents per transaction.<\/p>\n

Non-US payment for US sellers:<\/strong> 3.9% plus 30 cents per transaction.<\/p>\n

Early termination fee:<\/strong> None.<\/p>\n

PCI compliance fee:<\/strong> None.<\/p>\n

Equipment lease term:<\/strong> None.<\/p>\n

Chargeback fee:<\/strong> $20.<\/p>\n

Note: Funds are held until 14 days after the first transaction. After that, it\u2019s released daily to you, but it could take three to five business days to reach your bank account.<\/em><\/p>\n

SUPPORTED COUNTRIES<\/h5>\n

Amazon Payments<\/a> offers services to merchants in four countries, including the United States, the United Kingdom, Germany, and Luxembourg.<\/p>\n

NOTE: Sellers in the United States must provide social security information as well as their bank account information during the approval process.<\/em><\/p>\n

MAJOR CREDIT CARDS SUPPORTED<\/h5>\n

All major credit cards are accepted, Visa\u2122, MasterCard\u2122, Discover\u2122, American Express\u2122, Diner\u2019s Club International\u2122, JDB\u2122, PayPal\u2122 and the Amazon (Prime) store card.<\/p>\n

NOTE: All credit cards used for billing must have a United States billing address.<\/em><\/p>\n

RECURRING BILLING<\/h5>\n

Yes, this feature is available, and there is no additional fee.<\/p>\n

ON-SITE CHECKOUT FORM<\/h5>\n

Yes, it is possible to integrate the Amazon payment form into your site. However, this does require programming knowledge, and you will need an SSL certificate depending on your chosen integration method.<\/p>\n

SECURITY AND PCI COMPLIANCE<\/h5>\n

Yes.<\/p>\n

If you\u2019re looking for a secure option, Amazon Payments<\/a> is a good choice. That\u2019s because the customer\u2019s sensitive card data is stores on Amazon\u2019s secure server. The security and fraud protection at Amazon is considered more advanced any other provider. This takes a lot of pressure and liability off of you the merchant. That means you can spend more time closing sales and less time worrying about fraud.<\/p>\n

Can you accept phone orders or manually enter your customers\u2019 payment info?<\/strong><\/p>\n

No, you cannot manually key in your customer\u2019s information.<\/p>\n

PLATFORM INTEGRATIONS<\/h5>\n

Amazon is household name that\u2019s trusted around the country. That\u2019s why more and more shopping carts and platforms are integrating with Amazon Payments<\/a>, including:<\/p>\n

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