Newfound Ripple Excitement Over Amazon, WorldPay Partnering to Ease Merchant-Customer Relationships Happens

As per news outlet, Coin Speaker, American tech firm, Amazon will be working alongside payment processing firm, WorldPay, in regard to the latter’s payment system. In particular, it has been noted that Amazon Pay will be the chosen method of payment.

This respective partnership supposedly sets a record that is noteworthy. More specifically, this partnership is said to make WorldPay the first ever to serve as an acquirer that fully integrates Amazon Pay for its merchants. Moreover, it has been reasoned that Amazon Pay’s various “client options” is one of the reasons why it has been chosen by WorldPay.

VP of Amazon Pay, Patrick Gauthier has since commented on this endeavor, to which he mostly expanded on the strategy that was used to help accelerate the online payments processing service.

According to his claims, the team working behind Amazon Pay believes that their job doesn’t simply end at integration and getting other firms hooked to the Amazon Pay service, but also at figuring out how to overcome common issues that may arise. The best way he sees said concerns being resolved is by:

We started to really think about how [we] not only simplify integration and onboarding, but [how to] better manage operations on an ongoing basis. We decided the best solution for us was to integrate with a large merchant acquirer, as that simplifies a lot of the day-to-day issues around settlement, reconciliation, reporting and dispute management.”

Gauthier also shared that Amazon Pay’s contribution does not imply that Amazon as a whole will be playing a role. He stressed that this collaboration could potentially better the merchant-customer relationship, that is, to “remove friction points,” as he puts it.

Newfound Ripple Excitement: What's Its Origins?

The reason Ripplers get excited over this is the backstory behind who owns Worldpay. Recently it was noted that Fidelity National Information Services Inc. (FIS) acquired Worldpay who is a premier partner of Ripple.

This has many XRP coin enthusiasts believing this is one indirect method of connecting Amazon and Ripple of being a future partner of one another for payments. This also comes on the heels of known fact that Amazon is working with another Ripple partner out of India, Axis bank, on a new mobile payment app for making purchases on the giant retail store, Amazon.com.

While there is no immediate or pressing news regarding Ripple and Amazon working directly together, many are attempting to connect the dots no matter how far they are as the bear market blues has its ways of making news out of indirect partnerships but are not completely out of the question.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Avatar
Bitcoin Exchange Guide News Team
B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

LEAVE A REPLY

Please enter your comment!
Please enter your name here

3,471FansLike
2,795FollowersFollow
4,194FollowersFollow

Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

Bitcoin to Follow the Equities Market Up or Down? One-Month Correlation Spikes to an All-Time High

Yet another week of weak price movement. The world’s leading digital asset is trading at $9,072, in red with 24 hours ‘real’ volume of just...

Public Mint Launches Its Blockchain; Over 200 Banks Plan to Support Its Digital Money

vPublic Mint, a firm founded by CNET founder Halsey Minor, has announced the launching of its ‘fiat-native’ public blockchain, which enables anyone to easily...

BTC Halving Week Brings in Record Monthly New Accounts & Doubles the Revenue for BlockFi

The past two months have been incredibly dull for the price of bitcoin, but it didn’t affect the businesses in the cryptocurrency space. The...

Currencycloud Partners with Ripple to Leverage RippleNet for Efficient Cross-Border Payments

Currencycloud - one of the global payment processing giants - has become the latest member of the RippleNet family and would help ripple in...

Coinbase Custody and IOHK Partner to Provide Institutional-Grade Staking For Cardano's ADA in Q4

IOHK, the lead developer of Cardano blockchain, and Coinbase Custody, the institutional-grade custodian launched by Coinbase Inc., announced a partnership to allow users to...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today