Amazon says no to Bitcoin, may go toe to toe with Amex, Visa, Mastercard separately; some Bitcoiners say No to Amazon, others campaign Amazon with requests
Like bitcoin? Like Amazon? Want to use bitcoin to buy stuff from Amazon?
I have some bad news for you. Not going to happen anytime soon.
“Obviously it gets a lot of press and we have considered it,” Amazon payments head Tom Taylor told Re/code in a recent interview, “but we’re not hearing from customers that it’s right for them and don’t have any plans within Amazon to engage bitcoin.”
I mentioned to Taylor that many industry execs expect Amazon to eventually build its own full-blown payments network to compete against the big credit card companies. Will we see a day when the Amazon logo appears at a checkout counter alongside American Express, Visa and MasterCard?
“If we felt like we could do a better job than Amex and Visa, and feel like it helps the customer experience, that’s something we would do,” he said. “But it would really have to be something much better than [what they do].”
Industry sources familiar with Amazon’s business believe it’s a question of “when,” not “if,” but Taylor wouldn’t provide any further details on the company’s thinking.
submitted ago by bitcoinfans