Amazon planning to offer Square-like service for Kindle in retail stores


The Wall Street Journal reports that Amazon is planning to get into the mobile payments game with a new service for retailers. According to the report, a few different routes for this offering are being considered. The company could provide retailers with credit card scanners and Kindle hardware paired with software to accept payments.

The WSJ also reports that Amazon could be preparing to offer other services, such as website development, to businesses using its payment service. Other potential services being considered would allow physical retailers to offer special discounts through Amazon’s web store and other properties.

Recent reports that Apple will soon be throwing its hat into the mobile payments arena has jumpstarted the discussion again in the tech industry. Amazon’s rumored plans are still very much in flux as the company continues to consider its options.

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