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Keith700

Amazon will accept payments in cryptocurrencies

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I hope that amazon would help other big companies understand that many countries don't have paypal, stripe and some other payment methods, but almost everybody has an access to crypto.

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I have heard this news more than once, this will be good as we can buy products through encryption, and this will increase the popularity of encryption and increase the use of digital currencies by everyone, especially since the Amazon is very popular.

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Obviously the famous online shopping center Amazon will receive cryptocurrency as a payment now a days Amazon works on ripple coin maybe Amazon will use ripple coin as crypto payment. 

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I've heard thats billionaire jeff bezoz has increased his net worth about $20 billion due to the lockdown, so many people are using Amazon to buy online, so maybe because of this, Amazon can implement bitcoin payments also in order to simplify online payments for other people. 

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I guess every Crypto lovers want Amazon accept bitcoin as a payment option. Still Amazon not accepting bitcoin but we can buy Amazon gift card through bitcoin, this is really cool feature bring by Amazon and I hope very soon they will accept it as a payments option.

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Amazon is a big online shopping website. And through this a lot of people all over the world buy various things. But it was not involved with cryptocurrencies before. Now it has started an initiate to add cryptocurrencies as their way of payments. They accept the btc,ltc and eth payments through their shopping. So this is a very responsive idea to get involved i guess. 

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Yes, we all heard about this news, but there is no official source that proves this news in a rumor that remains no more, and we will be among the first to be happy with this news if it is true.

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On 10/22/2019 at 8:29 PM, Keith700 said:

Amazon recently issued a statement claiming that the Crypto era at Amazon has started, this mean a massive adoption by the financial community.
Amazon, one of the longest-standing online purchase systems that exists, begins to give way and confidence to the new financial system that is being developed, this is an example how large companies are accepting cryptocurrencies as an essential part of purchasing systems and sale of physical assets and attraction of important capitals.
Now it becomes easier for many, buy on Amazon if you have Bitcoin or Litecoin, this also implies an added convenience for many Amazon users.
Amazon implements competitiveness by forcing many houses to acquire global products to upgrade, Amazon setting the example creates an environment of competitiveness that, on average, gives more life to the world of digital assets.

Amazon is one of the biggest online shopping platform. From all over the world peoples shop on that platform. As you said if Amazon will start crypto payment system, it will be a great news for the market condition.


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On 3/20/2020 at 1:52 AM, Anwyll Axel said:

Big companies like Amazon taking interest in cryptocurrencies that a huge positive sign for crypto market. Amazon is the biggest online marketplace, it will definitely create a huge impact on crypto market.

that's absolutely true amazon is one of the largest shopping website in the world if we received any news like this from tech big companies then this is very positive sign for cryptocurrency market

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The Amazon company is already one of the largest companies at the present time and its impact is great as a result of the large volume of its business and I think that Amazon's entry into the crypto market will be very beneficial to everyone. I hope that happens.

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Cool news! I think it's cool to use the blockchain system on your site! After all, Amazon still wanted to create their own token that could be used on the site? I think it would lead to more active use, interesting...

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I don't think that it's true my friend! Because if that's true we will see that crypto currency prices will pumb! But I wish if that could happen one day because it's really good for Crypto project !

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recently I also heard this news , this is really pretty well if this is happenes . 

I also heard that a currency named ( ogn ) tied up with Amazon as a payment option .

hopefully we can also used Bitcoin in future as a payment option there .


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This is very good because it will make transactions faster and easier for both customers and buyer in Amazon, this is a strong sign that Cryptocurrency is becoming popular everyday in the world and we hope to see the adoption in the world soon so that transactions between two business partners will be easier and unemployment rate will reduce especially in developing countries.


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well this is really awesome , if such a large company started dealing with crypto that means the numbers of people who use crypto will increase for sure since all people around the world use Amazon daily

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On 10/22/2019 at 8:29 PM, Keith700 said:

Amazon recently issued a statement claiming that the Crypto era at Amazon has started, this mean a massive adoption by the financial community.
Amazon, one of the longest-standing online purchase systems that exists, begins to give way and confidence to the new financial system that is being developed, this is an example how large companies are accepting cryptocurrencies as an essential part of purchasing systems and sale of physical assets and attraction of important capitals.
Now it becomes easier for many, buy on Amazon if you have Bitcoin or Litecoin, this also implies an added convenience for many Amazon users.
Amazon implements competitiveness by forcing many houses to acquire global products to upgrade, Amazon setting the example creates an environment of competitiveness that, on average, gives more life to the world of digital assets.

Its a really a great achievement of  crypto world because a big company like Amazon now accepted crypto currency.. So surely it effect Will be much now on crypto world as they employees now get payments by crypto currency and from some of them try to trade on it which will increase the trading volume and currency price Will increase                         

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On 10/22/2019 at 8:14 PM, Keith700 said:

Amazon recently issued a statement claiming that the Crypto era at Amazon has started, this mean a massive adoption by the financial community.
Amazon, one of the longest-standing online purchase systems that exists, begins to give way and confidence to the new financial system that is being developed, this is an example how large companies are accepting cryptocurrencies as an essential part of purchasing systems and sale of physical assets and attraction of important capitals.
Now it becomes easier for many, buy on Amazon if you have Bitcoin or Litecoin, this also implies an added convenience for many Amazon users.
Amazon implements competitiveness by forcing many houses to acquire global products to upgrade, Amazon setting the example creates an environment of competitiveness that, on average, gives more life to the world of digital assets.

Yeah, this is the great start by the amazon and even the amazon has accepted cryptocurrency we can see all the ecommerce using cryptocurrency as a means of payment in the coming days because people are getting knowledge about the cryptocurrency now.


 

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This is great opportunity for all Crypto user's to save them from the exorbitant cost or high fees charges made by the local banking system when making payment for their purchases. With this gesture made by Amazon of accepting payment through Crypto currencies will make it easy, simple and boost the image of Crypto world in the public for fast acceptance.

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15 minutes ago, Guru2050 said:

This is great opportunity for all Crypto user's to save them from the exorbitant cost or high fees charges made by the local banking system when making payment for their purchases. With this gesture made by Amazon of accepting payment through Crypto currencies will make it easy, simple and boost the image of Crypto world in the public for fast acceptance.

This is correct, but many people do not know how to make low bitcoin transaction fee, this can be a problem for them. But as for the banking aspect, not good for international payments but cryptocurrencies  is a very good substitute. 

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Its a fake news. the amazon don't accept bitcoin as payment. A lot of cryptocurrency projects wanted to offer amazon for a partnership but amazon declined.  If Amazon could accept bitcoin, that would be a great incentive, and there would be more convincing evidence of the utility and effectiveness of bitcoin in becoming the world's most popular payment method. 


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Amazon is the best online product selling site and in this site so many peoples will make good profit through selling the products and if the Amazon will start the crypto investment option in their website it is a great idea than becasue this is best for us than.


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On 10/22/2019 at 9:29 PM, Keith700 said:

Amazon recently issued a statement claiming that the Crypto era at Amazon has started, this mean a massive adoption by the financial community.
Amazon, one of the longest-standing online purchase systems that exists, begins to give way and confidence to the new financial system that is being developed, this is an example how large companies are accepting cryptocurrencies as an essential part of purchasing systems and sale of physical assets and attraction of important capitals.
Now it becomes easier for many, buy on Amazon if you have Bitcoin or Litecoin, this also implies an added convenience for many Amazon users.
Amazon implements competitiveness by forcing many houses to acquire global products to upgrade, Amazon setting the example creates an environment of competitiveness that, on average, gives more life to the world of digital assets.

From the news sources that I read, Amazon has not accepted Bitcoin, it's just that payments can use the moon extension, the extension is only a bridge to allow payments using Bitcoin. Moon is an application that runs on this browser, which connects your Amazon account with your Lightning Network (LN) wallet via the LN Moon Payment channel. LN itself is a special protocol to make the payment process using Bitcoin faster and cheaper.

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That would be great if it's true that Amazon will add the cryptocurrencies. Fast transactions and hassle free.

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At some point web stores may come to accept payments with crypto currencies.

 

But right now this is not possible as a good adoption of these methods is needed as well as adequate information.

 

So that everything flows as it does with the systems that are used today.

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