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Amazon.com Offers Tablet-Enabled Checkout System To Traditional Retailers

January 29, 2014: 12:00 AM EST
Online retailer Amazon.com Inc. said it plans to offer conventional retailers a checkout system that uses its Kindle tablets. According to unnamed sources, the company also plans to provide brick-and-mortar retailers credit-card readers, as well as other services, such as website development and data analysis. Observers say the initiative would help Amazon expand its business into the physical retail stores market, which still accounts for more than 90 percent of all commercial transactions, and gain access to more data on consumers’ in-store spending habits. It would, however, also put the company into direct competition with companies that provide traditional checkout systems, such as VeriFone Systems Inc. and NCR Corp.
Greg Bensinger, "Amazon to Offer Kindle Checkout System to Physical Retailers", Wall Street Journal, January 29, 2014, © Dow Jones & Company Inc.
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