Amazon Payments Free $1,000 Transfer Ending

Discussion in 'Blogstand' started by BoardingArea, Sep 11, 2014.  |  Print Topic

  1. BoardingArea

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    One of the easiest ways to generate credit card spend over the years has been using Amazon Payments. Amazon Payments let you send someone else $1,000 per month funded using a credit card. So while you'd pay a fee to use Paypal or another money sending service, the first $1,000 per month was free with Amazon Payments. Why? Because they were trying to steal market share from Paypal and weren't a big player in the market before. They figured it was a nice incentive for people to try Amazon Payments over Paypal, and I'm sure it generated a decent volume of transactions. Of course they weren't exactly profitable, since it was the same people sending $1,000 payments funded by credit cards month after month. ;) The post Amazon Payments Free $1,000 Transfer Ending appeared first on One Mile at a Time.

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