Amazon Launches Subscription Billing System, Giving Digital Publishers an Alternative to Apple
Amazon’s payment system is now allowing merchants to set up recurring payment functionality that taps into the 240 million Amazon users that have stored credit card information. Many news articles about the new service seem to see this as Amazon further looking to compete with PayPal, but from my perspective, it looks like a more direct move to compete with Apple. For one, the commissions on the payments are very low compared to Apple’s whopping 30% commission…