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Wednesday, March 19, 2014

Amazon Expands Micropayment System to Android

Amazon announced it will now support its virtual currency on Google Android mobile devices in the US, UK, and Germany. Amazon Coins are a virtual currency introduced by the company in 2013, originally intended for Kindle Fire tablet users to make micropurchases, including applications. Each coin is now worth a penny. The company is reportedly working toward establishing “an end-to-end ecosystem” for developers. Some observers are skeptical about Amazon billing it as a virtual currency since it is linked to a user, unlike Bitcoin, which is anonymous. (SlashDot – 1)(SlashDot – 2)(Tech Crunch)(Amazon.com)


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