Amazon has today entered the mobile credit card payment market offering its new Amazon Local Register service and mobile dongle to small businesses in direct competition with the likes of Square and Paypal.
Amazon Local Register enables users to accept payments from Visa, MasterCard, American Express, and Discover credit and debit cards directly on their mobile phone or tablet devices. This new service is designed to provide small business owners with a convenient and efficient way to process transactions on the go, eliminating the need for traditional point-of-sale systems.
Compatibility and Features
The new Amazon mobile credit card payment dongle supports iOS, Android, and of course Amazon Fire OS devices, making it versatile and accessible for a wide range of users. The dongle is easy to set up and use, allowing businesses to start accepting payments almost immediately after receiving the device. It can be seen in action in the brief promotional video created by Amazon below.
The Amazon Register companion app also offers a variety of features that enhance its functionality. Users can save items, add discounts, and track cash transactions, making it a comprehensive tool for managing sales. Additionally, the app provides in-app reporting, which allows business owners to monitor their sales performance and gain insights into their operations. This feature can be particularly useful for identifying trends and making informed business decisions.
Special Offers and Pricing
Amazon is also offering a special limited-time offer for new customers. Those who sign up by October 31, 2014, will benefit from a reduced transaction fee of 1.75% per swipe through December 31, 2015. This competitive rate is designed to attract small business owners who are looking for cost-effective payment processing solutions. Starting January 1, 2016, the transaction fee will increase to 2.5%, which is still competitive compared to other services in the market. Importantly, Amazon emphasizes that there are no hidden fees, providing transparency and predictability for users.
For more information on the new Amazon Local Register credit card payment service, jump over to the official Amazon website for details. The website provides comprehensive information about the service, including setup instructions, pricing details, and customer support options.
In addition to the features mentioned above, Amazon Local Register also offers robust security measures to protect sensitive customer information. The service complies with industry standards for data encryption and secure transactions, giving both business owners and customers peace of mind.
Overall, Amazon Local Register represents a significant entry into the mobile payment market. By leveraging its extensive resources and customer base, Amazon is well-positioned to compete with established players like Square and PayPal. The combination of competitive pricing, comprehensive features, and robust security makes Amazon Local Register an attractive option for small business owners looking to streamline their payment processing.
Source: Amazon
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