Pay with Amazon payment volume nearly doubled in 2016
More than 50 percent of Pay with Amazon customers are Prime Members
SEATTLE--(BUSINESS WIRE)--Feb. 7, 2017--
(NASDAQ: AMZN) – Amazon today announced that more than 33 million
customers have used Amazon Payments to make a purchase. Amazon Payments
makes it easy for customers around the world to pay on thousands of
merchant websites using the information already stored in their Amazon
account. In 2016, Pay with Amazon payment volume nearly doubled, with
expansions into France, Italy and Spain and new verticals including
government payments, travel, digital goods, insurance, entertainment,
non-profits and charities helping fuel this growth. Amazon Payments also
introduced new in-store experiences with Moda Operandi and Amazon Books.
“As we have introduced new experiences with merchants, we have seen a
significant increase in the number of customers using the information
from their Amazon account to make purchases on merchant websites,” said
Patrick Gauthier, vice president, Amazon Payments. “Amazon Payments
brings the simplicity and familiarity of Amazon’s buying experience to
our merchant customers, making it easy for millions of Amazon customers
around the world to pay using the information already stored in their
Amazon account.”
As consumers shop in more and more ways – online, in store, and on the
go – their expectations for speed, convenience and personalization
continues to grow. Amazon Payments helps businesses meet these new
customer expectations by working together to introduce new experiences
and touch points that enrich the shopping journey and better connect
customers around the world.
“Amazon Payments connects merchants with customers that are accustomed
to making purchases online,” said Gauthier. “By connecting with these
customers, merchants are driving higher conversion, increasing sales and
ultimately growing their business.”
2016 Amazon Payments Business Highlights
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Customers from more than 170 countries used Pay with Amazon to make a
purchase in 2016
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Amazon Payments launched for merchants in France, Italy and Spain
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More than 50 percent of Pay with Amazon customers are Prime Members
-
32 percent of transactions using Pay with Amazon were made on a mobile
device
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Payment volume nearly doubled in 2016, with peak volume on November
28, as customers in the US and the UK enjoyed Cyber Monday offers
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The Amazon Global Partner Program launched in the United States,
Germany, United Kingdom and Japan, with 50 service providers signing
up in the first 8 months
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Active merchants grew more than 120 percent year over year as Amazon
Payments expanded support for new verticals, including government
payments, travel, digital goods, insurance, entertainment, non-profits
and charities
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Pay with Amazon was used to collect donations for the victims of
earthquakes in Kumatomo (April 2016, Japan) and Amatrice (August 2016,
Italy)
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The average Pay with Amazon purchase was $80 in 2016, with the largest
single transaction being $40,000
-
Amazon Payments Introduced new in-store experiences with Moda Operandi
and at Amazon Books
To learn more about Amazon Payments, please visit payments.amazon.com.
About Amazon
Amazon is guided by four principles: customer obsession rather than
competitor focus, passion for invention, commitment to operational
excellence, and long-term thinking. Customer reviews, 1-Click shopping,
personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle
Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa
are some of the products and services pioneered by Amazon. For more
information, visit www.amazon.com/about.

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Source: Amazon.com, Inc.
Amazon.com, Inc.
Media Hotline, 206-266-7180
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