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Amazon said to be considering NFC-based mobile payment service

April 2nd, 2011        

Amazon said to be considering NFC-based mobile payment service

Besides shopping at Amazon.com, you can actually use Amazon Payments service to shop at other places. Now Amazon reported to be considering about expanding things to actually stores with brick and mortar as well.

Bloomberg is reporting that Amazon is exploring a mobile payment service based on NFC technology, which would let you pay for items and receive things like loyalty points using nothing other than an NFC-equipped cellphone. Not surprisingly, Amazon is also said to be considering some other features that would send folks back to Amazon.com. Can’t brain this? Well, Bloomberg gives the example of someone shopping for jeans in a retail store and can’t find the right size, and says that they could simply scan the jean’s tag to order a pair online. Smart move ey?

Of course, all these are still ideas on the drawing board, and Amazon is said to decide whether to go forward with it or not “in the next three to five months.”

SOURCE via Bloomberg

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