More than 33 Million Customers Have Used Amazon Payments to Make a Purchase
February 07 2017 - 7:00AM
Business Wire
Pay with Amazon payment volume nearly doubled
in 2016
More than 50 percent of Pay with Amazon
customers are Prime Members
(NASDAQ: AMZN) – Amazon today announced that more than 33
million customers have used Amazon Payments to make a purchase.
Amazon Payments makes it easy for customers around the world to pay
on thousands of merchant websites using the information already
stored in their Amazon account. In 2016, Pay with Amazon payment
volume nearly doubled, with expansions into France, Italy and Spain
and new verticals including government payments, travel, digital
goods, insurance, entertainment, non-profits and charities helping
fuel this growth. Amazon Payments also introduced new in-store
experiences with Moda Operandi and Amazon Books.
“As we have introduced new experiences with merchants, we have
seen a significant increase in the number of customers using the
information from their Amazon account to make purchases on merchant
websites,” said Patrick Gauthier, vice president, Amazon Payments.
“Amazon Payments brings the simplicity and familiarity of Amazon’s
buying experience to our merchant customers, making it easy for
millions of Amazon customers around the world to pay using the
information already stored in their Amazon account.”
As consumers shop in more and more ways – online, in store, and
on the go – their expectations for speed, convenience and
personalization continues to grow. Amazon Payments helps businesses
meet these new customer expectations by working together to
introduce new experiences and touch points that enrich the shopping
journey and better connect customers around the world.
“Amazon Payments connects merchants with customers that are
accustomed to making purchases online,” said Gauthier. “By
connecting with these customers, merchants are driving higher
conversion, increasing sales and ultimately growing their
business.”
2016 Amazon Payments Business Highlights
- Customers from more than 170 countries
used Pay with Amazon to make a purchase in 2016
- Amazon Payments launched for merchants
in France, Italy and Spain
- More than 50 percent of Pay with Amazon
customers are Prime Members
- 32 percent of transactions using Pay
with Amazon were made on a mobile device
- Payment volume nearly doubled in 2016,
with peak volume on November 28, as customers in the US and the UK
enjoyed Cyber Monday offers
- The Amazon Global Partner Program
launched in the United States, Germany, United Kingdom and Japan,
with 50 service providers signing up in the first 8 months
- Active merchants grew more than 120
percent year over year as Amazon Payments expanded support for new
verticals, including government payments, travel, digital goods,
insurance, entertainment, non-profits and charities
- Pay with Amazon was used to collect
donations for the victims of earthquakes in Kumatomo (April 2016,
Japan) and Amatrice (August 2016, Italy)
- The average Pay with Amazon purchase
was $80 in 2016, with the largest single transaction being
$40,000
- Amazon Payments Introduced new in-store
experiences with Moda Operandi and at Amazon Books
To learn more about Amazon Payments, please visit
payments.amazon.com.
About Amazon
Amazon is guided by four principles: customer obsession rather
than competitor focus, passion for invention, commitment to
operational excellence, and long-term thinking. Customer reviews,
1-Click shopping, personalized recommendations, Prime, Fulfillment
by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets,
Fire TV, Amazon Echo, and Alexa are some of the products and
services pioneered by Amazon. For more information, visit
www.amazon.com/about.
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