Now all you need is a phrase and a PIN to purchase products on the
web with the preferred payment and shipping methods you already have on
file at Amazon — no signing in with a username and password, and no more
sharing sensitive payment information with multiple websites
SEATTLE--(BUSINESS WIRE)--Oct. 29, 2009--
Amazon Payments, Inc., a subsidiary of Amazon.com, Inc. (NASDAQ:AMZN),
today introduced Amazon PayPhrase, the easy-to-remember shortcut for
paying on Amazon.com and other websites. With Amazon PayPhrase, online
shoppers simply choose their own customized phrase — such as “Knick
Knack,” “Home Sweet Home,” or “Jake’s Allowance” — and then enter that
phrase along with a PIN to quickly preview their order and complete
their purchase. PayPhrase allows Amazon.com customers to checkout across
the web with their preferred payment and shipping methods stored at
Amazon.com, but without having to share sensitive payment information
with multiple websites. All websites accepting Checkout by Amazon,
including DKNY, Jockey, Patagonia, Buy.com, J&R Electronics, and Car
Toys, will be offering PayPhrase as a checkout option. Amazon.com
customers can create their PayPhrase and start using it today by
visiting www.amazon.com/payphrase.
Amazon.com customers can use their PayPhrase for express checkout
wherever they see the PayPhrase button — on sites across the web and on
Amazon.com. Customers on Amazon.com simply find the item they want, type
their PayPhrase into the PayPhrase button on the product’s page, and
click to instantly preview the total cost of their order, including
shipping and tax. No need to “Add to cart,” “Proceed to checkout,” sign
in, or type in credit card information. If the customer is satisfied
with their order, they enter their PIN to complete the order. With
participating websites that accept Amazon PayPhrase, Amazon.com
customers do not need to register or create a new account in order to
make a purchase.
Merchants who accept Amazon PayPhrase offer their customers a convenient
and secure way to shop while Amazon Payments takes care of processing
the payment transactions. Merchants can accept PayPhrase orders right
away simply by using Checkout by Amazon, which automatically supports
PayPhrase. By offering Amazon PayPhrase, merchants can benefit from the
familiar Amazon.com checkout experience. PayPhrase is available through
all Checkout by Amazon merchant websites starting today, and on
additional websites as new merchants join Checkout by Amazon.
“PayPhrase solves the headache of trying to keep track of all the
different usernames and passwords people use to shop on various sites
across the web. With PayPhrase all you need is one phrase and one PIN to
pay online,” said Matt Williams, General Manager, Amazon PayPhrase
(Matt’s PayPhrase is “good to go”). “We think customers will enjoy the
simplicity that Amazon PayPhrase offers, and we hope they’ll have some
fun choosing their own personal phrases.”
Amazon PayPhrase also makes it easy for parents to set up an online
allowance and monitor their teens’ purchases. By creating a PayPhrase
for their teenager or student away at college, parents can set monthly
spending limits and monitor or approve purchases. With PayPhrase,
parents have the flexibility to preview every order placed, including
the ability to approve or decline each order via e-mail or mobile phone
text alerts.
For more information or to get started with PayPhrase today, visit www.amazon.com/payphrase.
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
PayPhrase, Amazon Simple 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),
Amazon Mechanical Turk and Amazon CloudFront.
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 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,
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.
Media Hotline, 206-266-7180
