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Amazon Talks Up Payment Innovations at June Events

Amazon Pay
Amazon Talks Up Payment Innovations at June Events

Amazon Pay will be speaking about payment innovations at several events next month. Amazon Pay Vice President Patrick Gauthier will be speaking at Money 20/20 Europe in a session titled, “Delivering for the connected consumer in the new era of commerce,” and Amazon Pay is hosting two Fashion & Luxury Payment showcases in New York and LA.

Many people don’t think of Amazon as a payments service, and it isn’t trying to be a PayPal, Square, or Stripe. As it explains, “Amazon Pay is a service that lets you use the payment methods already associated with your Amazon account to make donations and payments for goods or services on third-party websites, in apps, and using Alexa.”

Integration with Alexa-enabled devices means shoppers can use voice commands to easily make purchases. At Money 20/20, Gauthier will share new research on the connected commerce landscape across the globe. “He will explore how natural language understanding is shaping consumer expectations as it transforms our everyday lives, and discuss how Amazon Pay is leaning into these trends to better serve merchants and consumers.”

Amazon Pay is also inviting fashion and luxury brands to events in New York (June 11) and Los Angles (June 13) next month to discuss payments:

“Join leading fashion and luxury brands for a delicious breakfast and insightful discussion. Amazon Pay is going coast-to-coast in June to explore checkout optimization strategies and the latest trends in digital innovation. We’ll hear from some of the leading brands and thought leaders in the fashion and luxury retail category. Register to join us for this intimate event in New York, Los Angeles, or both! We hope to see you there.”

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Karen Webster, CEO at PYMNTS, will discuss “the overwhelming demand for a connected, integrated shopping experience, and highlight optimization strategies that will help bridge the conversion gap.”

Other speakers include Amazon Pay Director of Global Marketing Kelly Wenzell and executives from Rent the Runway and Lacoste,

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Ina Steiner
Ina Steiner
Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com.

One thought on “Amazon Talks Up Payment Innovations at June Events”

  1. Innovation, LOL. Why does this noise always remind me of that SNL skit where Norm Macdonald plays the financial manager saying obvious stuff like it’s sage wisdom? We’ll take your money, and put it in a box, with a lock, so that it’s safe and when you ask for it, we will bring it out and give it back to you.

    At Amazon, we’re excited about the innovative future of payment innovations! Using digital technology, we’ll enable you, the customer, to exchange money for goods from what we call “vendors.” You see, Billy, vendors place products on the shelf, where customers can see them and choose to buy, or not buy them, using their brain to make what’s called a “decision.” Then, money will travel form your hand to the vendor’s hand. Once the money has arrived in the vendor’s hand, that signals them to send the product to you, the customer, who has purchased it, with money. After it atrrives, but not before it arrives, you can open it and, if you like it, use it. Or, if you do not like it, you can exchange it for money, the same money you spent to buy it, using innovating processes called “asking for a refund,” using communication and technology. Remember, though, once you return the product, you will no longer have it!

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