Amazon and PayPal join forces for Buy with Prime 🤝💳; Walmart's bold move: partnering with Fiserv for real-time payments 👀🏦
FinTech is Eating the World, 23 September
Hey Everyone,
Good morning! We’re starting another great FinTech week on Tuesday but the wait is totally worth it 😎 Today we’re looking at Amazon and PayPal joining forces to expand Buy with Prime functionality (what’s the value add here, why it matters + bonus reads on PayPal & Adyen), and Walmart's bold move as it has partnered with Fiserv for real-time payments (why it makes sense & what it tells us about the future + a bonus deep dive into Fiserv and whether it’s worth your time and money in 2024). So without further ado let’s just jump straight into the interesting stuff 🌶️
Amazon and PayPal join forces for Buy with Prime 🤝💳
The news 🗞️ In a bid to further reshape the e-commerce landscape, retail giant Amazon AMZN 0.00%↑ has recently announced a strategic partnership with finance pioneer PayPal PYPL 0.00%↑, integrating the popular payment platform into its Buy with Prime service.
This collaboration, revealed at Amazon's recent Accelerate Seller conference, marks a pivotal moment in online retail and payment processing.
Let’s take a quick look at this and see why it matters.