monthly payments

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  • Amazon takes on PayPal with subscription-based payments

    by 
    Sarah Silbert
    Sarah Silbert
    06.09.2014

    With plenty of third-party sellers populating its online store, Amazon is well accustomed to playing the middleman for processing transactions. Now the e-tailer's taking that middleman role one step further; it will now manage monthly subscription payments for companies such as wireless service provider Ting. It's just the latest move in Amazon's ongoing effort to overtake PayPal.