Amazon.com Inc. is tapping into bill payments by letting customers use its Amazon Pay feature for their utility bills. The e-commerce giant said during a Sunday keynote at the Money 20/20 financial technology conference that it would be partnering with fintech company Paymentus to add the feature, which will allow customers to pay online or else by voice using Amazon’s Alexa voice assistant.
Prior to the announcement, Amazon Pay Vice President Patrick Gauthier told MarketWatch that the company saw an opportunity in bill payments as about 70% of consumers don’t enroll in automatic payments. The new feature will allow users to get notifications through Alexa when their bills are due and to ask questions about the bill amount or how it compares with prior ones.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
