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Amazon Payments Announces the General Availability of Amazon Flexible Payments Service - Now Enhanced with Amazon FPS Quick Starts, a Simplified Set of API's to Make Utilizing Amazon FPS Even Easier for Developers
Developers who sign up by March 15, 2009 and launch their applications by June 1, 2009 can also take advantage of a free payment-processing offer.

SEATTLE--(BUSINESS WIRE)-- Amazon Payments, a subsidiary of Amazon.com, Inc. (NASDAQ:AMZN), today announced the General Availability of Amazon Flexible Payments Service (Amazon FPS) and the launch of Amazon FPS Quick Starts. Amazon FPS Quick Starts aggregate various Amazon FPS APIs into a simplified set of APIs that substantially reduce the steps a developer must take to enable transaction processing on their websites. Now, developers can enable common payment transactions such as one time payments, recurring payments and pre-payments in hours rather than days.

Amazon FPS is the first payments service designed from the ground up specifically for developers. It is built on top of Amazon’s reliable and scalable infrastructure and allows developers to accept payments from Amazon’s tens of millions of customers.

Starting today, developers who sign up for Amazon FPS by March 15th and launch their applications by June 1, 2009 can take advantage of free payment processing for the first 90 days until total transaction volume reaches $500,000. To learn more about Amazon FPS, Amazon FPS Quick Starts, and the free processing promotion, visit www.amazonpayments.com/fps .

Amazon FPS Quick Starts include:

  • Basic Quick Start enables one-time payments for e-commerce and digital goods, donations, and any other online service.
  • Advanced Quick Start provides periodic or delayed payment features required by subscription and usage-based services such as digital music and online storage. Advanced Quick Start offers developers flexibility in specifying payment instructions by time period, amount, and frequency. For example, a user can make recurring payments for a specific amount at regular intervals or a sender might set a spending limit per week for a particular named recipient.
  • Marketplace Quick Start is designed for building marketplace applications. Developers can facilitate transactions between a third party buyer and seller, take a cut of the transaction, and have control over who pays the transaction processing fees.
  • Aggregated Payments Quick Start reduces processing costs by consolidating multiple transactions, including micro-payments, into a single, larger transaction. This Quick Start offers prepaid and postpaid mechanisms to aggregate transactions. You can enable your customers to create prepaid balances that can be used subsequently to make multiple smaller purchases on your web site or you can extend credit and charge them later for accrued usage. In both cases, the Aggregated Payments Quick Start enables you to programmatically track individual transactions and the aggregated amount.
  • Account Management Quick Start simplifies integrating account activity, balance and transaction information into websites and existing applications.

“Developers have been excited about the flexibility that Amazon FPS offers and the wide range of innovative business cases it enables. Developers have asked us for an easier way to get started and tools that would enable them to make the most of the Amazon FPS feature set. This release incorporates this feedback by introducing Amazon FPS Quick Starts, which significantly simplifies integration while maintaining all the flexibility that Amazon FPS provides,” said Mark Stabingas,” General Manager of Amazon Payments. “Developers can now choose the Amazon FPS Quick Start that meets their unique business needs and monetize their innovations quickly.”

“SocialGold's objective is to make it really simple and easy for users to buy currencies and goods in online games and social applications. Amazon FPS Quick Starts provide the most logical and easy-to-use interface we've seen,” said Vikas Gupta, Co-Founder and CEO of Jambool, a virtual economy platform for online games. “With Amazon Quick Starts we could quickly zero in on the API we needed. The documentation is great, the API is lightweight and we believe Amazon FPS Quick Starts will be instrumental in helping us create a great experience for our users.”

"Meetup is a worldwide network of local, offline groups,” said Maya Voskoboynikov, Group Product Manager for Meetup. "By integrating with Amazon FPS, we are helping Meetup Groups develop their own economies in the form of membership dues, event tickets and sponsorship payments. Helping Meetup Groups grow their economies is key to supporting the growth of long lasting organizations. We chose Amazon FPS for its flexible and powerful API, which allowed us to build several custom solutions from one basic foundation."

“We needed to support hundreds of thousands of merchants across a vast network of boutique marketplaces," said Matthew Trifiro, CEO of 1000 Markets. “Amazon FPS was the only system capable of giving us a robust checkout experience across our network. We looked at other payment systems available and chose Amazon FPS because Amazon is the most trusted name in e-commerce and that leads to more sales.”

About Amazon Payments

Amazon Payments provides consumers, merchants, and developers the simple and trusted way to pay and get paid online. Amazon Payments enables consumers to send and receive payments for goods or services by using the payment methods already associated with their Amazon.com accounts. Merchants and developers can also take advantage of a portfolio of payment and checkout solutions, such as Checkout by Amazon, Amazon Simply Pay and Amazon Flexible Payments Services, to enable tens of millions of Amazon customers to complete purchases on their websites and applications. Go to http://www.amazonpayments.com for more details.

About Amazon.com

Amazon.com, Inc. (NASDAQ:AMZN), a Fortune 500 company based in Seattle, opened on the World Wide Web in July 1995 and today offers Earth's Biggest Selection. Amazon.com, Inc. seeks to be Earth's most customer-centric company, where customers can find and discover anything they might want to buy online, and endeavors to offer its customers the lowest possible prices. Amazon.com and other sellers offer millions of unique new, refurbished and used items in categories such as books, movies, music & games, digital downloads, electronics & computers, home & garden, toys, kids & baby, grocery, apparel, shoes & jewelry, health & beauty, sports & outdoors, and tools, auto & industrial.

Amazon Web Services provides Amazon’s developer customers with access to in-the-cloud infrastructure services based on Amazon's own back-end technology platform, which developers can use to enable virtually any type of business. Examples of the services offered by Amazon Web Services are Amazon Elastic Compute Cloud (Amazon EC2), Amazon Simple Storage Service (Amazon S3), Amazon SimpleDB, Amazon Simple Queue Service (Amazon SQS), Amazon Flexible Payments Service (Amazon FPS), and Amazon Mechanical Turk.

Amazon and its affiliates operate websites, including www.amazon.com, www.amazon.co.uk, www.amazon.de, www.amazon.co.jp, www.amazon.fr, www.amazon.ca, and the Joyo Amazon websites at www.joyo.cn and www.amazon.cn.

As used herein, “Amazon.com,” “we,” “our” and similar terms include Amazon.com, Inc., and its subsidiaries, unless the context indicates otherwise.

Forward-Looking Statements

This announcement contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may differ significantly from management's expectations. These forward-looking statements involve risks and uncertainties that include, among others, risks related to competition, management of growth, new products, services and technologies, potential fluctuations in operating results, international expansion, outcomes of legal proceedings and claims, fulfillment center optimization, seasonality, commercial agreements, acquisitions and strategic transactions, foreign exchange rates, system interruption, indebtedness, inventory, government regulation and taxation, payments and fraud. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent filings.

Source: Amazon.com, Inc.

Amazon.com, Inc.
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