Amazon Preparing to Launch a ‘Digital Currency’ Project in Mexico


Amazon’s grasp on the web economic situation shows up to be coming for money following, with the shopping large preparing to launch a “digital currency” project in Mexico.

The yet-to- be-announced project, which Amazon delineated throughout a collection of current task posts, shows up to be an initiative to maintain financially rewarding Prime consumers forever connected into Amazon’s system.

“This product will enable customers to convert their cash in to digital currency using which customers can enjoy online services including shopping for goods and/or services like Prime Video,” one task blog post claimed of Amazon’s “new payment product.”

Amazon’s Digital as well as Emerging Payments (DEP) department plans to roll-out the item in Mexico initially, the publishing claimed. A second task publishing tips the item shows up to be generally targeted at arising markets. Amazon is employing software program growth designers “at all levels” to personnel up for launch.

The DEP group as well as Amazon did not react to duplicated ask for remark.

It is unclear just how much Amazon’s prepared venture right into electronic money has in typical with “Amazon Coins.” That 8-year old digital money effort enables proprietors to negotiate in Amazon- provided cash money throughout internet video games.