Amazon Preparing To Launch Its Digital Currency Project.
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Amazon Preparing To Launch Its Digital Currency Project.
2021-02-11 | Eddy Morgan
“This product will permit users to convert their hard cash into digital currency using which users can enjoy online services along with buying goods and/or services like Prime Video,” one job post revealed of Amazon’s “new payment product.”Amazon’s DEP [Digital and Emerging Payments] division intends to roll-out the merchandise in Mexico primarily, the posting added. Another job posting hints the merchandise appears to be broadly aimed toward emerging markets. Amazon is hiring software development engineers “at all levels” to staff up for launch. It is not clear what proportion Amazon’s planned raid virtual assets have in common with “Amazon Coins.” That 8-year old digital currency initiative permits owners to transact in Amazon-issued cash across web games.