Amazon to Launch Crypto Payments Product in Emerging Countries11 Feb 2021 16:23
With tanks to Sausagedog on Twitter
You may of heard of this online bookseller called Amazon they've branched out a bit and now looking at Crypto!
Amazon laid out its vision for a new feature to convert cash into digital currency for online payments. The e-commerce giant has already begun assembling a team to lead the initiative in Mexico.
Amazon’s Kicks Off a Digital Payment Wing
Amazon is headhunting for the leader of its Digital and Emerging Payments (DEP) initiative in consumer payments.
The American multinational has listed job postings for a Senior Manager, and Software Development Engineers (SDE), and Managers (SDM) to drive the payment product.
In the job posting for SDE and SDM, Mexico is listed as their initial launch country.
For the Senior Manager post, Brazil, Singapore, Australia, and other “emerging countries” were listed as the starting point. The personnel will also work towards “co-branded credit cards” funded using digital currency.
It is unclear as to what form of digital currency Amazon will adopt. The project’s team would need to build a business product using “scalable Native AWS technologies.”