12-12-2007, 12:31 PM
Quote:Amazon.com announced it is making an equity investment in Bill Me Later Inc., and has signed an agreement to make the Bill Me Later payment option available on the Amazon marketplace. Online payments are nothing new to Amazon.com, which processes all payments on behalf of its third-party merchants and recently introduced Amazon Flexible Payments Service (FPS) for developers...
Wall Street analyst Scott Devitt of Stifel, Nicolaus & Company saw the Amazon-Bill Me Later move as a missed opportunity for PayPal...
full article: http://www.auctionbytes.com/cab/abn/y07/m12/i12/s02