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Buxfer Uses Amazon's Flexible Payment Service

Tags » Amazon Flexible Payments Service, ECommerce Payments, Personal Financial Management, Remittances  » Comments (0)

Buxfer, an online money tracking service, has announced they will be using Amazon's new Flexible Payment Service to make online payments between users in the US - and they're offering it free of charge (certain limitations) through the end of August. Going forward, Buxfer will be charging the receiver of funds for the payment by passing through the fees Amazon charges them for FPS. Buxfer only supports payments funded from the sender's Amazon Payments account balance or from the sender's bank account - but not from a sender's credit card (presumably because Amazon FPS, like PayPal, does not support personal account holders receiving credit card payments). See their blog post here. Jim Bruene also reports on Buxfer on his Netbanker blog.



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