Tuesday, August 5, 2008

Amazon Flexible Payments Service

Amazon FPS (Flexible Payment Service) is an Amazon Web Service that allows the transfer of money between two entities. The service was launched as a limited beta in August 2007. Some of the features of Amazon FPS are:

  • Support for micropayments by grouping several small transactions into a larger one paid for by traditional e-commerce means.
  • Ability to pay by credit card, bank account, and Amazon Payments.
  • Programmatically define payment instructions on each transaction.
  • Support for multiple and recurring payments.

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