Buxfer + Amazon = Transfer money online (Free till Aug 31)

#1

Post by ashu » Fri, Aug 03, 2007, 12:01 PM UTC

With Amazon Payments, you can accrue balances in an online account (similar to your Paypal account balance). Transfers involving Amazon accounts are instantaneously processed as well.

You can read more about it at: http://www.buxfer.com/blog/2007/08/03/buxfer-amazon-settle-y...

Regardless of what this means for Buxfer, we think it's a good step forward in challenging the Paypal monopoly.

Buxfer + Amazon = Transfer money online (Free till Aug 31)
buxfer.com

Re: Buxfer + Amazon = Transfer money online (Free till Aug 31)

#2

Post by daniel-cussen » Fri, Aug 03, 2007, 3:40 PM UTC

"Buxfer may terminate your access to the Website or your membership at any time, for any reason, and without warning, which may result in the forfeiture and destruction of all information associated with your membership."

Ouch.

Legalese aside, this new deal with Amazon means you guys are currently a free alternative to Western Union and will soon be a cheaper alternative to the same, right?

Re: Buxfer + Amazon = Transfer money online (Free till Aug 31)

#3

Post by Caligula » Fri, Aug 03, 2007, 3:56 PM UTC

daniel-cussen wrote: post #2

"Buxfer may terminate your access to the Website or your membership at any time, for any reason, and without warning, which may result in the forfeiture and destruction of all information associated with your membership." Ouch. Legalese aside, this new deal with Amazon means you guys are currently a free alternative to Western Union and will soon be a cheaper alternative to the same, right?

More like an alternative to neteller/firepay.

Re: Buxfer + Amazon = Transfer money online (Free till Aug 31)

#4

Post by jamiequint » Fri, Aug 03, 2007, 5:07 PM UTC

Amazon FPS + Buxfer = Crazy Delicious ??

Re: Buxfer + Amazon = Transfer money online (Free till Aug 31)

#5

Post by hira_khan » Fri, Aug 03, 2007, 5:53 PM UTC

Sounds like an interesting idea - Whats the user base of Buxfer at the moment ?

Re: Buxfer + Amazon = Transfer money online (Free till Aug 31)

#6

Post by zach » Fri, Aug 03, 2007, 7:36 PM UTC

Killer addition. A site where you can track expenses is cool, but if you can square them up with actual money, now we're really talking.

This would be very helpful for fantasy sports, where there's a lot of money flying around for site fees and prize pools. Fantasy football season is just around the corner and $100+ entry fees for workplace leagues are not that unusual.

Re: Buxfer + Amazon = Transfer money online (Free till Aug 31)

#7

Post by ashu » Fri, Aug 03, 2007, 9:28 PM UTC

Caligula wrote: post #3

daniel-cussen wrote: post #2

"Buxfer may terminate your access to the Website or your membership at any time, for any reason, and without warning, which may result in the forfeiture and destruction of all information associated with your membership." Ouch. Legalese aside, this new deal with Amazon means you guys are currently a free alternative to Western Union and will soon be a cheaper alternative to the same, right?

More like an alternative to neteller/firepay.

Daniel: We really need to revisit the legalese, We already got rid of a couple minor clauses in there. But, it's just that lawyers are very conservative naturally, and development effort foreshadowed going over the terms very carefully. We will take care of that by the end of the day.

In terms of alternatives, Amazon is the alternative to Paypal. We hope though that our app will be an important use-case for driving the payments functionality, especially for the younger crowd.