Amazon Crosses the Line Onto PayPal’s Turf
Another public domain picture to brighten up my blog. Departure of the Amazons, a painting by Claude Deruet from 1620 isn’t very bright and it doesn’t look as much like a screen shot from Xena as I had hoped.
Amazon is departing from their tried and true business model by offering to process payments for other websites. You might think this is tantamount to a declaration of war against PayPal. In reality the entry of Google onto the payment service scene was more of a driving factor, according to people who know more than me about this stuff. I earn some revenues that come to me via PayPal, but I hardly ever buy anything using their service. I awarded a $10 prize for a contest on my personal blog this morning. It is shocking just how quick and easy it is to give people my money.
Source: LapTop Logic
