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Amazon Launches Online Payments Service

Amazon Launches Online Payments Service
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The Price Is Right For Amazon To Bid For Macy's (Seeking Alpha) (NASDAQ: AMZN) will launch its online payments service Monday, which allows users to pay phone bills and other subscription fees, using credit card information stored in their Amazon accounts. Amazon will be acting as a middleman for third-party sellers and will charge a fee for the service.

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