A source close to the situation confirmed that Amazon has bought the technology and engineering / product team GoPago , but none of th...
A source close to the situation confirmed that Amazon has bought the technology and engineering / product team GoPago , but none of the Existing local business sales and Existing commercial relationships. DoubleBeam - founded and run by seasoned executives from companies like PayPal payment, Green Dot team, and Digital Insight (Intuit bought for $ 1.3b) - provides white label mobile payment technology for mobile applications and point- of- sale systems, including services as e – checks.
Amazon really wanted GoPago technology, the source said, but not a business. Eventually this led to the "non - traditional" arrangement, which seem to include some GoPago is a point -of - sale of technology That Will Be Integrated with Existing products DoubleBeam aspects.
It is still not clear when and how the Amazon GoPago use of technology, but , as already mentioned , when we first Reported the hall, there already moving pieces that link to Amazon 's ambition to offer a way to make payments for goods more seamless and many mobile friendly. Amazon already has a number of mobile payment systems, mainly in- app payments sold through the Amazon App Store apps, and APIs That Allow third parties to sell Amazon products in a whole range of applications.
