Amazon's Plan to Disrupt the Payments Industry

The video discusses Amazon's potential to create its own payment system, similar to PayPal and Alipay, leveraging its vast consumer and merchant base. It highlights Amazon's technological capabilities and market position, emphasizing the risk it poses to existing payment players like PayPal. The video also explores Amazon Pay's promotion and its impact on competitors, particularly small and medium merchants.

What is the main risk Amazon poses to companies like Visa and PayPal?

• Amazon is reducing its consumer base.

• Amazon plans to exit the e-commerce market.

• Amazon could create its own payment platform.

• Amazon might acquire these companies.

Which existing resources does Amazon have that could aid in building a payment network?

• A partnership with PayPal.

• A large number of physical stores.

• A vast consumer and merchant base.

• A strong presence in the automotive industry.

How does Amazon Web Services contribute to Amazon's payment capabilities?

• By providing cloud computing resources.

• By offering physical payment terminals.

• By reducing shipping costs.

• By increasing the number of Amazon Prime members.

What is a significant concern for PayPal regarding Amazon Pay?

• Amazon Pay's focus on large corporations.

• Amazon Pay's targeting of small and medium merchants.

• Amazon Pay's lack of technological infrastructure.

• Amazon Pay's high transaction fees.

Which group of merchants is Amazon Pay directly targeting?

• Government agencies.

• Large multinational corporations.

• Small and medium-sized merchants.

• Non-profit organizations.