Amazon Pay

Article summary

Amazon Pay is an online Payment service provider owned by Amazon. Launched in 2007, Amazon Pay uses the consumer base of Amazon.com and focuses on giving users the option to pay with their Amazon accounts on external merchant websites. Before Amazon Pay was functional in China, in 2008, Alipay entered into a cooperation with Amazon.cn to enable payments through Alipay's platform in order to support cash flow, which was a problem for Amazon since the beginning. Around 70% of Amazon.cn's businesses were paid on delivery, and a large amount of cash is usually collected by those delivery companies. The integration supported Amazon's early B2C efforts in China, and Alipay was already being used for payments on Alibaba's e-commerce sites like Taobao, making it a logical choice. Alibaba's Alipay also offered Amazon.cn customers the ability to pay for purchases online through their platform. The partnership was needed at a time when Amazon.cn had a cash flow problems and was relying mostly on cash-on-delivery shipments in China. The facilitation with Amazon provided the company to compete in a market where Alipay was dominating and being used by millions of users not only in China but also in India and Thailand, and it also showed that Amazon was willing to adopt a local payment solution that customers were comfortable with.…

Key claims

No claims recorded.

Discussion questions

1. Summarise the article in your own words. Which single claim would you verify first, and why?
2. Which claim in this article is most likely to be revised as the sources update? How would you check its current status?
3. If two sources disagreed about one of these facts, what would you need in order to trust one over the other?

Bibliography

No sources recorded.