Amazon kills mPOS service

Amazon kills mPOS service

Amazon is getting out the crowded mPOS market, shutting down its Register service little more than a year after launch.

The ecommerce giant stopped accepting new customers for Register - a $10 app and dongle-based system designed to let small merchants accept card payments through their smartphones - on 30 October.

In a notice to customers, the firm does not offer any reason for the decision but warns that the service will be shut down completely on 1 February and that users will need to find a new provider.

Register was launched to much fanfare last summer, with an aggressive pricing strategy that undercut the dominant mPOS players, Square and PayPal.

However, it now joins a long list of failed payments-related services. In the last year Amazon has pulled the plug on a short-lived mobile wallet app and a P2P e-mail payments system.

Comments: (1)

Ketharaman Swaminathan
Ketharaman Swaminathan - GTM360 Marketing Solutions - Pune 04 November, 2015, 08:35Be the first to give this comment the thumbs up 0 likes

Premature decision? Couldn't Amazon have sustained this product on the back of the captive volumes from its new brick-and-mortar bookstore in Seattle?