Amazon.com, which just launched its own smartphone, may be nearing the launch of a mobile card reader that would work like Square's device, according to reports.
The tech news site 9to5mac has obtained documents that suggest Staples stores will sell an "Amazon Card Reader" in mid-August. The retail chain already distributes similar devices from Square and PayPal, and the report suggests Amazon's device will sell alongside them for $9.99.
An earlier report from Bloomberg Businessweek also indicates Amazon's Lab126 hardware division plans to offer such a device, though it did not imply that a product launch was imminent.
Neither article has explicit confirmation from Amazon that an Amazon-branded mobile card reader is about to launch. An Amazon.com representative contacted by PaymentsSource would not comment on the report.
A mobile card reader would be the latest of Amazon's many payment products designed to fit different merchant and consumer needs. It could complement the Amazon Wallet, an Android and FireOS mobile app that Amazon quietly launched this month. Amazon Wallet, which is in beta, can store loyalty and gift cards but does not have a built-in ability to make or receive payments.
Amazon also offers various payment services including the recently launched Login and Pay with Amazon, which lets consumers use their Amazon.com credentials to shop at other merchants' websites. Amazon also maintains its own virtual currency, Amazon Coins, for purchases of digital content on Amazon's Kindle and Fire hardware lines.