Report: Amazon Developing Way for Stores to Use Kindle at Checkout

Report: Amazon Developing Way for Stores to Use Kindle at Checkout
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Former Staff Writer
2 min read

As soon as this summer, digital authority Amazon may be eyeing an unexpected push into the brick-and-mortar realm. According to reports, the company intends to employ its famed line of Kindle e-readers for a checkout system within physical stores -- “where more than 90% of is still conducted,” notes The Wall Street Journal.

In addition to furnishing stores with Kindles and credit card readers, Amazon is also looking to offer website development and to its potential retail partners, according to reports. Though the plans remain unconfirmed, Amazon purchased and talent from GoPago last year -- a startup that offers checkout systems linked to smartphone apps.

To attract merchants wary of its lack of brick-and-mortar experience, Amazon may allow retailers to offer promotions and discounts through Amazon.com. Also to its advantage: the company already possesses credit card information for a staggering 230 million consumers.

Related: What Shoppers Still Won't Buy on Amazon (Infographic)

Amazon would likely roll out the program with smaller businesses, sources said, as larger retailers already operate complex checkout systems. It would face growing competition, however, from the likes of startup Square, whose card-reading device latches onto tablets and smartphones, as well as , whose PayPal subsidiary is said to be testing its own apparatus.

The Journal also reports that has been “meeting with industry executives to discuss options for paying for physical goods on its devices.” Though that isn’t the only category in which the two companies may soon compete: Amazon is said to be beefing up its hardware offer beyond the Kindle with a new range of smartphones currently in development.

Related: Why Businesses Will Like PayPal's Updated Checkout Process

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