Amazon's New Idea Should Terrify the Competition
Amazon.com's business model has drastically evolved since its inception. The company went from selling books to selling "everything" to offering web services, and now leader Jeff Bezos appears to be keen on getting in on the payments space. Amazon is reportedly working on a product that allows retailers to use a Kindle-based checkout system.
In this segment of The Motley Fool's financials-focused show, Where the Money Is, financial analysts Matt Koppenheffer and David Hanson discuss what this could mean for Amazon, as well as the other players in the payment's space like eBay's PayPal, Square, and even MasterCard and Visa .
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The article Amazon's New Idea Should Terrify the Competition originally appeared on Fool.com.David Hanson has no position in any stocks mentioned. Matt Koppenheffer owns shares of Amazon.com. The Motley Fool recommends Amazon.com, eBay, MasterCard, and Visa. The Motley Fool owns shares of Amazon.com, eBay, MasterCard, and Visa. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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