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Amazon Payments Now Powers TextPayMe Mobile Payments

Tags » Amazon Flexible Payments Service, Mobile Payments, TextPayMe  » Comments (0)

TextPayMe has a new website accessed via an Amazon.com subdomain URL that says its now "Powered by Amazon Payments". TextPayMe, still in beta, was one of the first person to person mobile payment companies to launch when it was initially introduced in December 2005.

If you already have an Amazon.com account (who doesn't?), you can use it for TextPayMe. Funds can be added to your TextPayMe account using credit cards or by providing your checking account details.

Money can be transferred out of your TextPayMe account into either a bank checking account (takes 5-7 business days) or moved into an Amazon.com Gift Certificate (immediate transfer).

In addition to sending or requesting payments from your mobile phone, you can also use the TextPayMe website to send payments or to request payments.

Currently, there are no fees associated with using the TextPayMe service. "For a limited time, all users who sign up for TextPayMe and add a mobile phone and bank account will receive $5."



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