Amazon Plans to Accept Cryptocurrency for Payment “As Soon As Possible”

The FPS Review may receive a commission if you purchase something after clicking a link in this article.

Image: Amazon

Bitcoin has pumped nicely over the last few days, and there could be one obvious reason for that. As spotted by Business Insider, Amazon recently published a new job listing for a Payments Acceptance & Experience team leader who can help develop a “Digital Currency and Blockchain strategy and product roadmap” for the company, indicating that the world’s biggest online retailer was hatching a plan to accept digital currency as a payment method. A spokesperson with Amazon later confirmed that the company was keen on the idea and would eventually accept cryptocurrency, opening up the possibility of customers being able to purchase goods with popular tokens such as BTC and ETH.

Image: Karolina Grabowska

“We’re inspired by the innovation happening in the cryptocurrency space and are exploring what this could look like on Amazon,” the spokesperson said. “We believe the future will be built on new technologies that enable modern, fast, and inexpensive payments, and hope to bring that future to Amazon customers as soon as possible.”

Source: Amazon (via Business Insider)

Tsing Mui
Tsing has been writing the news for over 5 years, first at [H]ard|OCP and now at The FPS Review. He has a background in journalism and makes sure to give his readers the relevant context to why each news post matters.

Recent News