Amazon to develop NFC-enabled m-payment service

Global e-commerce company Amazon is reportedly considering developing a mobile payments service, media outlet reports.

According to the source, the company’s Amazon Payments unit is planning to launch a service based on NFC technology, thus enabling consumers to pay by tapping a mobile device against specially equipped cash registers.

In addition, the source reports that in March Amazon opened the Amazon Appstore for Android, which is set to sell applications for mobile devices powered by Google’s Android operating system. Moreover, Amazon is considering developing an NFC-based marketing service, as well.

The company is expected to release the NFC-based m-payment service by the end of 2011.

In recent news, US-based data feed management and data feed optimization (DFO) services provider SingleFeed has entered a partnership with Amazon to roll out its SingleFeed Selling on Amazon add-on.

via Paypers

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