Tag: amazon mobile payments

Amazon unveils Anonymous mobile payments

| April 22, 2013

Amazon mobile paymentsAmazon looks to make mobile payments more secure

Amazon has been a leading online retailer for several years now, but that does not mean that it is not constantly on the lookout to break new ground. The retailer has recently begun growing more aggressive on the matter of mobile payments, noting that a large portion of consumers shop with their smartphones and tablets. Amazon is eager to embrace these consumers by providing them with comprehensive mobile commerce services and has plans to introduce a new system that will help make mobile payments more secure.

Amazon awarded mobile payments patent

Amazon has been awarded a new patent from the U.S. Patent and Trademark Office for what it calls an “Anonymous mobile payments” system. According to the patent, the system is designed to allow consumers to pay for products using their mobile device, but these consumers will not have to reveal any personal information to those they are purchasing from. Amazon believes that this will provide consumers with a degree of security is largely absent from the current mobile commerce climate.

Security continues to be a major issue in the mobile commerce field

Security is a major concern that many people have when it comes to mobile payments. Protecting a consumers financial information has become a top priority for companies engaging in the mobile commerce field, and several companies have successfully developed mobile commerce platforms that provide a high level of protection. Amazon, however, claims that anonymity offers the best level of peer-to-peer protection, claiming that its system is ideally suited for a digital economy where consumers often sell goods to one another.

Anonymity proves important to consumers online

Anonymity has become a very popular trend on the Internet. Keeping personal information private has been an issue for many consumers over the past few years. Facebook, as well as other social networks, received a great deal of criticism due to their lackluster privacy features, allowing users’ personal information to be accessed easily. In mobile payments, privacy is a much more significant concern and Amazon is poised to address the issue as aggressively as possible.

Amazon expands micro-transactions service

| January 25, 2013

Amazon mobile gamingAmazon expanding digital services for the game industry

Internet retail behemoth Amazon has begun expanding its digital services into the game industry, with a particular focus on mobile gaming. The Amazon Digital Games Store has become a very promising marketplace for such games, giving developers yet another avenue through which to find success in an increasingly crowded market. Amazon has announced the activation of micro-transactions through in-app purchases for the games that are part of the company’s digital store.

In-app micro-transactions will receive more support from Amazon

Mobile game developers often rely on micro-transactions to generate some kind of profit with their titles. Most mobile games are either available for free or for a very small price, making their ability to generate revenue through initial purchase very limited. In-app micro-transactions are seen as the best way for these games to find commercial success, as the majority of these transactions are very inexpensive, thus making them more attractive to gamers.

Company expands services to PC, Mac, and web-based games

The Amazon Digital Games Store has had the ability to facilitate in-app micro-transactions for some time, but Amazon has been disinclined to fully support the service across all gaming platforms. The service has typically been reserved for mobile games for the iOS and Android platforms, but Amazon has begun expanding its availability to PC, Mac, and even web-based games. Amazon expects that expanding its service to these platforms will help game developers build their businesses and reach new audiences.

Developers relying heavily on micro-transactions

Game developers often create games for a wide variety of platforms in order to engage the largest number of people possible. This can be a costly endeavor because of the fundamental differences that exist from platform to platform. Micro-transactions therefore take on a greater importance for developers, as they not only represent a way for a studio to generate profit, but also recover from the costs associated with game development.