Amazon (AMZN) recently announced that they will make an investment in
Bill Me Later and will shortly also offer the services of Bill Me Later
on the Amazon Web Site. For those who do not know, Bill Me Later
is a neat little service that allows consumers with good credit to provide only a few identifying details about themselves and then be granted
charge card style credit to facilitate the purchase. The retailer gets
their money, so you can see why Amazon likes it a lot.
Amazon’s ‘Bill Me Later’: Investing in Internet Security
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