Amazon already makes it insanely easy to spend money on their site; now you can easily spend money on other sites too!

This is good stuff; there'll be a few hiccups in the immediate future prolly (there always are with new stuff) but Amazon's customer service record is way better than paypal's, and they already have a giant user base they can leverage - basically if you already have an amazon account, you can easily pay money on sites that have Payments by Amazon accounts.
Spring-devs get on dat shit!

https://payments.amazon.com/sdui/sdui/b ... n=paynow/o
There's the Paypal competitor

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On another note, the days of micropayments will soon be coming. The problem is that credit agencies charge unnecessary amoutns of $$$ for verification and processing; that's where most of the fees come into play.... if a paypal alternative gains significant traction, who knows...? :)