Amazon Pay is an online payment service owned by Amazon that allows customers to use the payment methods and shipping information stored in their Amazon accounts to make purchases on external websites and apps, not just on Amazon.com
. It provides a convenient and secure way to check out quickly without needing to enter payment or address details again, as these are already saved in the user's Amazon account
. Key features of Amazon Pay include:
- No additional sign-up required if you already have an Amazon account; you use your existing Amazon login credentials
- Transactions are secure and can be tracked through your Amazon account or the Amazon Pay portal
- Eligible purchases of physical goods are protected by Amazon’s A-to-z Guarantee, which covers timely delivery and product condition
- Supports various payment scenarios for businesses such as immediate charges, deferred payments, split payments, recurring payments, and refunds
- Available to businesses in multiple countries worldwide, including the US, UK, India, and many European countries
- In India, Amazon Pay also supports UPI payments and QR code-based payments at offline stores, along with services like Amazon Pay Later (credit extension) and insurance purchases
For merchants, integrating Amazon Pay can simplify the checkout process, attract Amazon’s large customer base, and benefit from Amazon’s security and fraud protection technologies
. In summary, Amazon Pay is a digital wallet and payment gateway service that leverages the existing Amazon account infrastructure to facilitate fast, secure, and convenient online and some offline payments
