Payments

Amazon Pay just got a boost: Worldpay is first acquirer to enable Amazon Pay

  • Worldpay is the first acquirer to enable Amazon Pay.
  • Worldpay does a lot of work in ecommerce, potentially giving Amazon Pay a lot more visibility.
Amazon Pay just got a boost: Worldpay is first acquirer to enable Amazon Pay

Worldpay has teamed up with Amazon. Worldpay merchants that accept payments in the United States can now utilize Amazon Pay as an online checkout option.

How it works: Through Worldpay’s API, online merchants can easily integrate and add Amazon Pay to their website.  That means that buyers can choose to pay and checkout with Amazon Pay.

“At Amazon, we are continuously looking for ways to invent and simplify on behalf of our customers,” said Patrick Gauthier, vice president at Amazon Pay. “Working with Worldpay will make it easier for merchants to grow their business by providing customers with a familiar and trusted experience throughout the shopping journey.”

What’s the deal: Worldpay is the first acquirer enabling Amazon Pay for its merchants.  Amazon Pay hasn’t achieved the same type of adoption that PayPal or Stripe has. According to Datanyze, Amazon Pay has 2.75 percent marketshare. An integration with Worldpay, which processes over 40 billion transactions yearly, can potentially put Amazon Pay in front of a lot more customers.

This partnership is right off the heels of the news of the $43 billion merger of FIS and Worldpay, the payments industry’s largest deal ever.

Payments, Podcasts

Square’s David Rusenko on the relaunch of Online Store

  • About a year ago, Square acquired website builder, Weebly.
  • Founder David Rusenko now runs Square's ecommerce efforts and has relaunched Online Store.
Zack Miller | April 18, 2019
Payments

Toast’s Steve Fredette: ‘We want to invest $1 billion in R&D in the next 5 years’

  • Restaurant payments technology platform Toast just closed a $250 million investment.
  • Tearsheet talks to Toast's co-founder and president about where the company is headed.
Zack Miller | April 16, 2019
Payments, Podcasts

Branch’s Atif Siddiqi on how the largest brands use salary advance to attract and retain workers

  • Branch is a popular app that is used by hourly workers to communicate and arrange shift changes.
  • With Branch Pay, the app has moved into providing financial services for its userbase.
Zack Miller | April 11, 2019
Payments

On TransferWise’s growth and maturation with CEO and co-founder Kristo Kaarmann

  • TransferWise began as a solution to a personal problem.
  • Now, the international money transfer firms is scaling up globally.
Zack Miller | April 03, 2019
Payments

Wells Fargo introduces tap to pay cards, joins big bank move to contactless

  • The US has been slow in adopting new payments technology.
  • This announcement by Wells may encourage more people to use contactless.
Tearsheet Editors | April 03, 2019
More Articles