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Tuesday, 22 January 2019

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News

01 April 2013

Online retailer Amazon is to launch its own virtual currency

Online retailer Amazon is to launch its own virtual currency for purchasing apps, games and in-app items on its Kindle Fire tablet device. Amazon says it will give customers tens of millions of dollars' worth of free Amazon Coins to spend on developers' apps on Kindle Fire from the tablet's Appstore when it launches the new currency in May. Amazon Appstore developers will earn the standard 70% revenue share when customers make purchases using Amazon Coins, whch are pegged to the US dollar, with one Coin equivalent to one US cent.

http://www.paymentscardsandmobile.com/