Amazon Making POS System For Small Businesses

Share post:

Amazon is developing a new type of point-of-sale system that can be sold to third-party sellers. It will handle both online and offline transactions and will also be linked to other services such as Prime and Flex.

Project Santos, an internal Amazon team, is leading the project.

Once launched, Amazon will be able to compete with Canada’s Shopify and U.S. payment giant PayPal, both of which already have POS systems for small businesses that went online during the pandemic to boost sales.

For more information, read the original story in Reuters.

Featured Tech Jobs



Related articles

Google monopolizes online advertising, U.S. alleges in antitrust lawsuit

The U.S. Justice Department and eight U.S. states are suing Google for allegedly monopolizing online advertising. The complaint, filed Tuesday in Virginia, alleges that Google monopolizes key digital advertising technologies, collectively referred to as the “ad tech stack,” that website publishers depend on to sell ads and that advertisers rely on to buy ads and

40% of traffic to e-commerce sites comes from bots

The Imperva Threat Research's State of Security Within eCommerce 2022 report had identified cyber threats that online retailers...

Amazon Unveils new Seller Storage Service

Amazon has unveiled a new service that allows sellers to keep and distribute inventory on a pay-as-you-go basis...

Amazon Predicts Sales Jump After Second Quarter Report Beat Analyst Estimates

Amazon expects sales to jump in the third quarter thanks to unwavering demand despite higher fees. Despite persistent inflation...

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways