Beginning today, millions of Amazon.com customers will be able to use Bill Me Later's next-generation payments service to pay for their purchases instantly online without using a credit card.
"Bill Me Later has greatly streamlined the payments process over the past few years by making payment more seamless and expedient," said Gary Marino, CEO of Bill Me Later, Inc. "We provide a simple, fluid shopping experience enabling an ideal environment for millions of shoppers to engage with their favorite stores.
We are thrilled that Bill Me Later account holders can now shop at Amazon.com in addition to the hundreds of other online retailers that use our services.
Amazon.com is a great addition to our expanding network and we look forward to working with them to grow this relationship for the benefit of all of our customers."
"We are committed to providing our customers with the greatest possible selection, whether that's in our 40+ stores, or in the selection of payment methods we offer on the site," said Matt Swann, vice president of payments at Amazon.com. "We believe our customers will appreciate having another convenient payment option when shopping on Amazon.com."
Bill Me Later is among the most widely adopted payment technologies for the largest online retailers. Bill Me Later enables consumers to shop online without using a credit card and helps retailers simplify the payment experience for customers who don't want to use a credit card.
Avivah Litan, vice president and distinguished analyst at Gartner commented, "Adding alternative payments is of widespread merchant interest as they work to offer consumers additional payment options. Our research shows high consumer interest in these types of alternative online payment instruments and evidence that they find them secure and convenient."
In December 2007, Amazon.com first announced its intent to offer the Bill Me Later service, and made an investment in the company.