5 ways Amazon Prime Day disrupts how people pay
Amazon Prime Day is a major retail event for the e-commerce giant and any rivals that seek to capitalize on the online shopping frenzy it inspires. But Amazon's intentions have always gone beyond simply boosting sales.
The Prime Day event is also a chance for Amazon to showcase a new range of devices and payment options — and to sell those devices at a discount to get them into more people's homes. It's an opportunity to extol the virtues of Amazon Prime membership, a $119-a-year service that's a prerequisite for getting access to certain sales as well as getting the best value out of Amazon's cobranded rewards card and Whole Foods stores.
Each year, a new Amazon device or service takes the spotlight, and this year is no different.
This item is compiled from reporting by PaymentsSource writers including John Adams, Kate Fitzgerald, David Heun and Michael Moeser. Click the links in each item to read more.