Amazon Worldpay has announced that its partnerships will provide Amazon Payments for Worldpay merchants.
But that's not the only explanation. It is also widely used outside of this online shopping platform, many retailers and online merchants around the world have chosen Amazon Pay to implement the payment method.
Amazon and WorldPay: New Partnership
However, with Amazon and Worldpay's recently announced partnership, opportunities are expected to expand for traders. This collaboration is a milestone for the whole industry because it makes Worldpay the first to fully activate Amazon Pay for merchants.
Under this collaboration, US-based Worldpay traders will have the opportunity to benefit from Amazon Pay to enhance their customers' online purchase experience.
According to Amazon Pay Vice President Patrick Gauthier, it is now a serious step towards payment services as it will apply to a much larger merchant pool.
The attempt to establish this partnership with Worldpay reflects Amazon's desire to offer payment as a step to the evolution of more large traders. Such a desire has become a serious ground for developing a relationship with a great buyer.
Gauthier also said it would be beneficial for traders, as this move will facilitate the interaction of Amazon Pay with buyers for them and that this partnership will be a starting point for further innovation in the field.
For FIS, this means an opportunity to expand its operations in digital payments. As for Worldpay, it is a new opportunity to open up new markets and increase its competitiveness.
However, in this context, the US fintech, which acquired Worldpay, has been acquired by Fidelity Ulusal Bilgi Hizmetleri A.Ş. It should be noted that (FIS) is a partner of Ripple. Given all these facts, we can conclude that Amazon and Worldpay's partnership is an indirect step towards Amazon's Ripple.
However, it is not the first indirect sign that Amazon is approaching Ripple. Earlier, it is known that Amazon cooperates with Axis, an Indian bank, a participant in the network of Ripple.
Amazon and Axis were working together to make a new payment application to work on Amazon. In this case, the XRP used in Ripple's products was also applied. So, we can say that the XRP is used for Amazon's needs.
Although there is no direct collaboration with Amazon and Ripple, there are many reasons to think that it might be in the future.