Amazon just announced something HUGE
I just got an email from Amazon that announced their Flexible Payments Service, or FPS. Now my blog can have a new meaning, 31 flexible payments service, cause I'm going to be testing out the service really soon here. It's over on Scobleizer already (beat me to it). This is really something huge, because there isn't a service out there that can compete with what Amazon is doing.
Taken from the FPS details page on Amazon:
Pricing
There are no minimum fees and no start-up charges to use Amazon FPS. In addition, use of the Amazon FPS Sandbox is free of charge.
Goes on to talk about the pricing, and they have a great scheme so far. I think that makes it beat Google Checkout, PayPal, and Authorize.net.
Amazon really understands how the tech world works; when it comes to meetings, the developers are the one who have the most say as to what payment gateway is going to be used. In this case, it is going to add tons of money to Amazon's bottom line, which should propel their stock in the 4th quarter or 1st quarter of next year.
Amazon has just become THE place for developers of internet applications. Good job Amazon, you've got some really smart people working in your organization. I will be testing it out very soon.