Amazon is reportedly not so keen on allowing the use of Bitcoin for making payments.
While a lot of online retailers are slowly adapting the new form of encrypted payment, Amazon is yet to warm up to the idea.
According to Cnet, the head of Amazon payments Tom Taylor told Re/code that while the e-commerce giant has thought about the use of virtual currency, it has no plans to start accepting it.
He said that Bitcoin obviously gets a lot of press and the company hasn't considered it.
He added that the company hasn't heard from customers that it's right for them and doesn't have any plans within Amazon to engage Bitcoin.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
