- Straight-forward online-only credit and debit card processing
- Quick setup and ideal for new businesses.
- Worldwide Brand recognition
Amazon Pay is a good option for businesses that only require online payment solution. This payment service provider (PSP) is a part of the e-commerce giant, which works wonders for brand recognition. It might not have as many options as other competitors, but Amazon Pay can be a great payment processor, particularly for businesses already selling through Amazon. It can also boast big-names that use its services, such as Canon or Lenovo. The ease of signing up and using the already existing database of customers, makes it super convenient for the clients to process payments. In terms of cost, Amazon Pay is comparable to other payment services such as Stripe and Square.
|Credit Card Processing||Details|
|Transaction Cost||Online (Domestic): 2.9% + $0.30|
Online (Foreign Currency): 3.9% + $0.30
|Networks Accepted||Visa |