More than 33 Million Customers Have Used Amazon Payments to Make a Purchase (Feb 7, 2017)
Amazon put out some new numbers around its third party Payments platform today – volume nearly doubled in 2016, 33 million customers have now used it, over half those using it are Prime members, and around a third of transactions were on a mobile device. There’s good growth here for Payments, which doesn’t get much press but has made quiet but steady progress since its launch. But it’s also worth putting in context – the leader in the space, PayPal, reported 197 million active customer accounts as of the end of 2016, up from 179 million a year earlier, so Amazon may be growing but it’s way behind. Amazon, of course, has over 300 million active customer accounts itself, but most of those only use their accounts to shop on Amazon.com. All the more interesting, then, that the two companies are apparently in talks about working together in some way.
via Amazon
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