Sunday, October 12th, 2014, 11:45 am
Update: Today is the last day to take advantage of $1,000 of free spending. Of course that’s per account that you have 😉
Thanks for the years of fun Mr. Bezos!
Was never as lucrative as dollar coins from the mint, but there was a whole lot less shlepping!
Originally posted on 09/10:
Amazon Payments has been discussed on DansDeals and on the DansDeals Forums (DDF) for more than 4 years. There were rumors last year of its demise but I quashed those. They started cracking down later last year on abusers, but it’s lived on.
Alas it appears that its time has come.
“Additionally, we have updated the terms and conditions of our User Agreement (https://payments.amazon.com/help/Personal-Accounts/User-Agreement-Policies/User-Agreement) that apply to your use of the products and services provided by Amazon Payments. Our updated User Agreement revises certain terms (including, among other things, the elimination of person-to-person payments). Our new User Agreement will become effective on October 13, 2014, which is more than 30 days from when we first posted our updated User Agreement. By continuing to use our services after October 13, 2014, you are agreeing to be bound by the terms and conditions of our new User Agreement.”
The last day to send person-to-person payments will be 10/12/14. So you can still send $1,000 to a friend in September and another $1,000 in October. However as of 10/13/14 that option will be eliminated, pretty much making the service worthless.
An Amazon Payments phone rep confirmed that 10/12 will be the last day to send money to a friend. After that point you’ll only be able to use Amazon Payments to checkout on websites that accept Amazon Payments as a form of payment.
Luckily we still have many other ways of manufacturing spend. For example ISIS Wallet/Serve allows you to do $1,500 per month in free and easy credit card spend right from your computer. And Amazon Local Register allows you to swipe cards for a 1.75% fee.